
Audit and Assurance Services
Our financial statements audit assignments are undertaken to gather convincing evidence that provide high level of assurance in line with International Accounting Standards (IASs) and International Financial Reporting Standards (IFRSs). Whether the audit is statutorily required or commissioned for a special purpose, AOC are devoted to a high level of service and expertise. In accordance with International Standards on Auditing (ISA), our financial audits are well planned to examine and verifying the accounting records and other related evidences supporting the financial statements.
We seek and obtain enough understanding about the company and its environment, including internal controls, guidelines and procedures for effective enquiries; hence our observations and correct interpretations of files and records of financial and related facts have been very revealing for business improvement to our clients.
Our audit and assurance division help companies improve their corporate reporting and provides assurance that their systems are operating effectively within a well- controlled environment. Our audit approach, at the leading edge of best practice, is tailored to suit the size and nature of your organisation and draws upon our extensive industry knowledge. Our deep understanding of regulation and legislation means we can also help with complex reporting issues.
Why we are in practice as Auditors
Statutorily, organizations are mandated to produce audited financial statements for various purposes
Banks and Financial Institutions will ask for audited financial statements to study the possibility of approving or renewing facilities.
Other major stakeholders require audited financial statements for various approvals, certifications and compliances.
An audited financial statement is major information for the owners, the external and the internal parties on the company financial status.
Audited financial statement is considered as one of the major independent financial report for lawsuits and legal disputes