Audit
Our audit services make sense of the new and increasingly complex risks existing in today's business world and how these risks can be reflected in an organization's financial reporting.
Our approach is designed to deal with any audits, small or large, simple or complex, while ensuring that all audits (internal or external) are carried out to a consistently high standard. The successful application of our methodology depends on its intelligent application throughout the audit process by all partners and staff drawing on the Firm's knowledge and experience.
Sarkis Sakr & Partners encompasses one of the best and most talented groups of professionals. Our Assurance Services team is highly experienced; you can trust them to guide you through the accounting and auditing process. Our audit approach helps us analyze your business in the context of your market environment and industry to determine how your key risks affect your financial results. Our approach provides a framework for examining financial and non-financial information flows that impact the financial statements and enables our client service team to work with you to identify opportunities for improving your financial performance. We provide a continuous audit process. Whilst our audit teams are efficient and thorough, the partners do take an active role in managing the process and in talking through possibly improvements and ideas with clients. Our partners are always available for discussions relating to the audit process and any other financial, accounting and management issues. We provide our audit teams with the latest information on key industry trends and issues that could impact your business. They enable us to identify the areas that pose the greatest risk to your financial statements. Our tools help teams focus on the key risks of your business and drive concise analysis that is fundamental to the financial statement audit. We maintain regular contact with our clients throughout the year - which helps with advanced planning of the audit and also provides a valuable source of ongoing support and advice to the directors and finance teams of our clients.
Compilation is the most basic level of service that our Assurance team can provide with respect to your financial statements. A compilation is conducted in accordance with Statements on Standards for Accounting and Review Services, and is limited to presenting the information that management provides in the form of financial statements. Our Assurance Services team can help your organization by assisting with adjusting journal entries, summarizing the information in your general ledger and drafting the financial statements.
A review is the next level of assurance that we provide at Sarkis Sakr & Partners. Our review is conducted in accordance with Statements on Standards for Accounting and Review and consists principally of inquiries of company personnel and analytical procedures applied to financial data. A review is substantially less in scope than an audit and our review report will state that the auditor did not become aware of any material modifications that should be made in order for the statements to be in conformity with International financial Reporting Standards.
Sarkis Sakr & Partner’s Internal Audit Services can help you with a comprehensive, disciplined approach that yields practical solutions for your business, not. Our specialists and services are focused on addressing enterprise risk while enabling business performance and creating value to your business—bringing you the insight across your company as a whole, to tackle the future head on. Our services are custom tailored to fit your objectives and budget, whether you need full internal audit outsourcing, co-sourced internal audit services, staff augmentation or strategic resource support.
