Internal & External Audit Services

Internal auditing

Internal auditing is an independent, objective assurance and consulting activity designed to add value to and improve an organisation’s operations. It may help an organisation accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk managementcontrol and governance processes.Internal auditing might achieve this goal by providing insight and recommendations based on analyses and assessments of data and business processes.With commitment to integrity and accountability, internal auditing provides value to governing bodies and senior management as an objective source of independent advice. Professionals called internal auditors are employed by organisations to perform internal auditing activity.

The scope of internal auditing within an organisation may be broad and may involve topics such as an organisation’s governance, risk management and management controls over the efficiency/effectiveness of operations (including the safeguarding of assets.

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Fin Statics helps in Solving common problems and enhancing internal audit 

We can help organization to accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control and governance process. At the same time, we hope to become a valuable part of your team, providing constructive and commercial input

  • We analyse, in depth, the internal controls and accounting policies.
  • We provide regular reports on on-going performance of the company.
  • We verify transactions and report compliance with respect to the company’s policies & procedures.
  • We ensure early detection of fraud and mitigate its effect on the business

External audit

The external audit is an independent assessment of a company’s financial statements. Audits offer reassurance to stakeholders that the company’s financial statements are free from material errors. External auditors are considered as unbiased professionals to analysis the company financial position & procedures. Getting the accounts audited from external auditors increases the credibility & reduces the risk of improper accounting entries.

External Auditors are registered & independent third party that perform an audit of the financial records of the company. Our staff equipped with vast experience in 

External Audit helps in the following:

  • Acts as an error-checking mechanism.
  • Drive insightful expert suggestions
  • Ensure validity for company books of accounts and other finance reports
  • It assures that a company’s financial data is legit.

Let Our Team Help You With The Accounting & Auditing