There are several key points that a company needs to look for when they pursue Audit. The company needs to have full faith and confidence in the Auditor and the results which he is going to disclose. One needs to be assured of what the report says and its authenticity. Not only must the company seek for the one who would really understand the requirements, but also comprehend the business as a whole.… Read More
Rafiq & Co. knows well that the audit needs to be taken care of well, as it is the most important part for any business to avoid any discrepancy. We know how to provide our clients with the information which is authentic, as well as economically approachable. We visualize on a broader perspective and believe in the in-depth implementation, because we believe and trust in the confidence that you have put up in our company, which in turn motivates us to provide you with the most comprehensive view of your business. For the deliverables, we make sure you get the best value for money and assistance that your business deserves.
Our experts have all the tools and expertise that your business is looking for; the deep understanding and command on their skills on business is incomparable. Analyzing is what we are best at and we aim provide you with the most thorough analysis of your requirements. We will also be working together to create synergy, as well as executing different strategies that could be beneficial for your business.
Our main objective is to deliver you with the best services, which must lead you towards increased profits, as well as help your business to expand. We seek for quality of work rather than focusing on the amounts.
We believe that if you want to get diligent insights of your business, then an Auditor is the key; who will not only give you a detailed vision of your business, but will also modify the way of thinking of your business that is completely dependent on the figures .
It does not matter to us if you are coming from a small, medium or large enterprise; the only thing which is meaningful is the phase in which you have got hold of us. We believe that the management must have a closer look over the projects and this is where Rafiq & Co. will add a great value and significance to your business.
The expertise that we can provide to our clients contains:
Our auditors have a strong hold on the policies and procedures which is important for any type of business. We take care of the responsibilities of our client’s requirements which help us in performing the statutory audits and to serve our clientele with better services. Our basis phenomena of statutory auditing is to make sure that all the financial statements which includes PLS Accounts, Cash Flow Statements & Balance Sheet provides them with a clear and error free view. Our approach is to make sure that all the statutory financial services are organized under the GAAP principles.
Internal Control System Reviews
Our firm helps the client in providing them with an authentic analysis of their current business, which also benefits them to overcome in the areas which they are missing and needs to be improvised.
The companies need to know that their accounting systems are doing well and for that, they need to have a close look over their business to avoid any kind if risk and loss in assets, which also includes the transparency in their financial statements which must be, fault free. That’s the reason why most of our clients appoint our experts for their Internal Control & System Reviews. We make sure that the internal system of the organization is perfect and must be working effectively in terms of their financial risks. Our professionals help the client in the improvements of their business in terms of situation where they face problems in financial reporting and internal controls or when the businesses are merging or in reform phase.
We always take a holistic approach in our professional’s advices in order to improve the system as well as minimizing the issues.
It helps an association achieve its targets by bringing an efficient, trained methodology to assess and enhance the viability of risk management. Our specific staff can encourage and help you in the execution of your inner control strategies with a perspective to helping the operational effectiveness and risk management of your association, in accordance with legitimate necessities.
As we have been noticing that risk management is the biggest threat to any organizations internally & for that expertise of professionals are required. To overcome with such issues related to risk management, internal controls & execute business plans & other responsibilities. We have experts with immense knowledge and expertise in the areas of internal audit which helps the client in improving their performance and to do work effectively. We also help them in constructing the internal audit into a key & profitable method in today’s era.
The services includes in the Internal Audits are:
Organizations are worried about their Financial Audits nowadays in order to attain the assurance. Our professionals are highly qualified and have hands on experience in handling these audits. We help our clients in providing them error free and fair financial statements. Our auditors methodologies relies on the standards followed globally. We provide an excessive observation and apply the right tools to accomplish the financial audits which are important for a business to make them strong internally, and to aid them in the progress of audit effectiveness.
We help our clients in executing an operational audit with the policy and procedures, excessive sales returns, equipment downtime, personnel turnovers etc. our experts make sure to have a clear view of an operational audit. Our core objective is to help the client in executing the functions and tasks effectively and economically with the aim of efficiency of the operations.
Information System Audits
To become the home of financial solution providers, we are also offering our clients with the Information System Audit Services, which helps the organizations to run its information systems smoothly as this function is considered to be the centric point of the company. We have the certified experts of information system auditors which will apply their expertise to do your company’s audit. As the Information System model depends on the methods adopted by the client. The important concern would be to secure the information assets attached to the business risks & we have the right tool to perform auditing in the perfect and accurate way.
Our auditors review the security policies, user access controls & the risk management methods for the complete compliance audit. The compliance audit will vary upon the nature of the business. We provide the services of our expert compliance auditors to our local and global clientele; we have the exact kind of expertise that your business is looking for.
We provide services to the clients to simplifies their functions in order to reduce the risk, cost cutting and to create a long term compliance strategies. Our experts assist in providing the strategic analysis if the company & create testing compliance programs to identify the weakness of the company. Our expert advices on mitigation of risks can help the organization in several ways.
Rafiq & Co. investigative auditors are well qualified and have deep knowledge and experience in investigative auditing. The audits are planned in a way to identify any misuse of public assets and to decrease the chance of any fraudulent future risks. We also assist our clientele in investigating in any kind of financial scam; we provide full investigation services which are dedicated to the thorough analysis to avoid any discrepancies in the audit.
Compilation, review and validation of prospective financial statements:
Nowadays every company must work on the financial performance reports which always helps the stakeholders of the company to make the right decisions & also allows them to estimate the loan applications as well as assist them to take sound investment decisions. We know that every business has its individual needs and our professionals are here to help them according to their requirements. Rafiq & Co. offers our services to the clients to make sure all their financial statement needs are fulfilled.
We can assist the customers in performing review of their financial statements and to provide our clients the assurance of all the modifications were made under the GAAP (General Accepted Accounting Principles). Our expert’s immense industry knowledge will guide you in performing the inquiries as well as logical measures. We can aid you in extracting the data in the form of financial statements & to offer assurance on them.
We help our client in prevention of their businesses and to detect the risk and fraud & provide them with the most suitable solutions in order to overcome them. Our main focus is to inform the client on different insights and the key industry apprehensions. We also help them in resolving in the particular segment problems through proper directions. We believe in providing the holistic way out to the clients.
Regulatory Audits and Compliance Review
Our audit exercise helps the customers to achieve a variety of compliance duties by performing the autonomous audits and financial reviews. We help our clients in increasing their confidence on the reliability of the data and the procedures which comes under the review. Our experts have experience in handling the local and international clients for their Regulatory Audits and Compliance Reviews which helps us in building the trust of our clientele by delivering them the authentic, spot-on and timely advices.