Audit and assurance services are performed with reference to applicable laws, standards, professional requirements, ethical requirements and the agreed scope of engagement. The work involves review of accounting records, financial statements, supporting documents, internal controls, compliance records and reporting matters according to the nature of the assignment.
Service areas include statutory audit, internal audit, tax audit and certification, assurance engagement support, audit preparation support and review of financial reporting documentation. Each assignment is carried out after understanding the nature of the entity, the record keeping system, applicable compliance requirements and reporting needs.
Management remains responsible for maintaining books of account, supporting records and explanations required for the engagement. The firm performs professional work based on the documents and information made available and communicates observations or deliverables according to the agreed scope.