Audit & Assurance
PECULIAR AUDIT & ASSURANCE
Audits and other compliance measures can be stressful on your business, but with JT, they don’t have to be! When it comes to auditing, we like to look on the bright side: An audit is a great opportunity to quantify your organization value and help you communicate your quantitative and qualitative value to your stakeholders. Although the audit exercise usually takes place at the end of an accounting year ended, we maintain regular contact with our clients throughout the year. This ensures that our clients receive timely advice about improvements that are essential to their operations. We regard ourselves as partners with our clients in achieving their objectives, regardless of their areas of operation. At JT, we offer a wide range of assurance and consulting services, including: Due to transition to global market economy, the country’s accounting and auditing legislation are changing rapidly. We are well placed to understand the practical implications of the new laws and practices on your company’s activities, and we can help you develop appropriate strategies to obtain the maximum benefit from each new situation.
You can count on JT to help you with a wide range of tax services, both on personal and business levels!
What we specialize in
- Financial and accounting review
- Fraud Examinations & investigation
- Forensic Audit
- Due diligence
- NGO Projects Audit
- Special Purpose Audit
- Agreed Upon Procedures
- Value for Money Audits
- Systems Audit
- Internal Audit
- Maintenance for setting up an efficient internal audit department
- Audit Review & Compilation
- Agreed Upon Procedures
- Specialized Audit Services
- Internal Audit
- Procurement Audit
- Human Resources Audit
- Information Systems Audit
- Value for Money Audit
- Restatement of accounting records in accordance with standards and in compliance with IAS/IFRS, UK GAAP, US GAAP
How We Deliver Our Assurance Services
The needs of our clients are common and vary only in degree, depending on the complexity of the organization. We believe that the main requirements are consistent, technical excellence, service delivery to satisfy statutory and management scheduled requirements, in adherence to timetable and budget.
Our engagement team would conduct on-site visits at significant locations throughout your organization to perform in depth business diagnostics of operations, accounting policies and internal controls to assess business opportunities and audit risks. This exercise will result in a report to top management with suggestions for action. The dialogue around this report with top management will form the foundation of effective, harmonious business relationship in the future
Why You Need Audit
Audits help businesses uncover problems and ensure ef ficiency. Here are the top 5 reasons to conduct an audit:
- To insure the effective operation of an organization
- To review compliance with a multitude of administrative regulations.
- To instill a sense of con fidence in management that the business is functioning well and you are prepared to meet potential challenges.
- To maintain/enhance the organization’s reputation in the community.
- It is a statutory requirement as per company act 2012.
Our Audit Process
- Familiarizing the engagement team with relevant audit risks, opportunities for improving accounting policies and internal controls
- Providing an analysis of your key business systems, internal controls and procedures at all important locations. The review will generate business oriented recommendations for improved efficiency and cost saving
- Achieving timely and constructive communication with your local and corporate management in issues and profit improvement opportunities
- Avoiding surprises and resultant reporting delays
- Providing early warning of concerns regarding the resilience of your essential control and information infrastructure.
