Our internal auditors help businesses achieve their objectives and goals by using their effective and disciplined approach. Our experts evaluate and analyze risk and controls of an organization. They ensure that everything is in accordance to policies, procedures, and the laws. Our auditors investigate the organizational risks and provide assistance to the management to reduce it as much as possible. They give value to the company by providing services tailored to their situation and needs.
Some of the benefits of having a good system of internal controls are as follows:
- Ensuring compliance with laws and statutory regulations
- Enhancing and improving efficiency in operations
- Safeguards assets
- Helping protect assets and reduce the possibility of fraud
- Increasing financial reliability and integrity
- Establishing monitoring procedures
Senior Business Consultancy has years of experience providing our clients auditing services by using the latest technology and software tools when it comes to collecting information and processing them. Our team makes sure that the accounting system and internal controls are set in the prescribed standard as stated in the business model. Our experts focus on the key issues and highlight the weakness in order to improve the efficiency and credibility of the audit.
We work hard to maintain high standards of professional practice,including a strong system of quality control that emphasizes independence and objectivity. The audit team will understand the business model first and ensure the accounting system and internal controls are set in the prescribed standard
Provides assurance
External auditors are impartial and thus can perform their tasks and duties without any fear of repercussions in the workplace.
Identifies weaknesses internally (and suggests improvements)
External auditors can evaluate the system and point out the irregularities that can easily be corrected.
Provides validity of the accounting process
External audits may be able to validate the internal audit reports and may also add value to the recommendations.
Discovers Errors
At times, someone from the outside better pick up on something that has been overlooked by the company and management team. External auditors can evaluate the system and point out the irregularities that can easily be corrected.
Educates Business Owner
External auditors are completely on your side and their objective is to look out for potential opportunities to keep you compliant.
Limits Legal and Tax Issues
External auditors provide the management with information on the legal and tax issues relating to accounting information. Legal issues may arise due to inaccurate accounting information to investors, lenders and shareholders
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