External Auditing
External / Statutory Audit is the examination of an entity’s financial statements and accompanying disclosures by an independent auditor.
Gulfpro Accountants facilitate Statutory Auditing for your company through our trusted associates. They utilize leading technology and computerized audit tools to gather information; knowledge of the client and its business sector to focus on the particular key issues facing the company and its management, to improve the efficiency of the audit.
The below are the core benefits of a statutory audit:
- To make sure that the financial statements are prepared and presented as per the IFRS (International Financial Reporting Standards) and IAS (International Accounting Standards).
- To give assurance to the financial institutions, banks, regulators and stakeholders on the firm's business performance.
- To provide value addition with desired management reports with various thought provoking advices and recommendations rather than just do the audit.