Audit Services
Audit services involve a set of procedures carried out by a specialized individual or team to provide an impartial professional opinion on the fairness and transparency of a company’s financial statements. This requires the auditor to be fully familiar with international auditing standards and practices, as they must consider the general and specific rules associated with the auditing process before issuing their technical opinion on the financial statements.
The audit process is a comprehensive examination of the financial records and the procedures followed in their preparation. It requires special qualifications from individuals who are highly trained and certified. The objectives of this process include:
- Ensuring the accuracy of revenue and expense recordings in the books.
- Properly evaluating assets.
- Ensuring compliance with applicable accounting and tax standards.
Auditing provides a detailed and systematic analysis of financial and accounting data, helping to identify errors or instances of fraud and manipulation. This ensures the accuracy of financial data and enhances management’s confidence in their financial reports, enabling them to make sound strategic decisions in a timely manner.
With the introduction of new laws such as the Value Added Tax (VAT) Law and the Corporate Tax Law, it has become essential to conduct a thorough audit to ensure the submission of accurate tax returns in compliance with current regulations. This helps companies avoid penalties resulting from the submission of incorrect or non-compliant financial data, especially concerning the required adjustments to the accounting net profit to achieve the tax net profit.
We offer audit services through a team of experienced auditors and certified public accountants, with recognized professional certifications. Our team ensures accurate and high-quality financial auditing to achieve the desired goals with efficiency and professionalism.
