Audit & Assurance Services
We provide clients with the development and structuring of internal controls through best practices, policies and procedures.
Here at Precision Assurance Consult, we provide clients with the development and structuring of internal controls through best practices, policies and procedures in an orderly and efficient conduct of the business, adherence to internal policies, safe guarding of assets, prevention and detection of fraud and errors, accuracy and completeness of accounting records, and timely preparation of reliable financial information. Such internal audit service and reviews include but not limited to:
- Value for Money Audit
- Information Technology Audit
- Best Value Audits
- Financial Audits
- Operational Audits
- Procurement Audits
- Third Party Risk Audit
- Outsourcing and Co-sourcing
- Corporate Governance and Risk Management.
We provide the following services under the external audit are:
Statutory (Public) Audit: This is a mandatory service under Companies Code Act 992 2019 for any client to obtain the services of an external auditor. The performance of this service is done in accordance with the International Standard on Quality Control (ISQCs), International Standards on Auditing (ISAs) and the best practices.
Review (Private) Audit: This is a service undertaken at the request of interested clients even though this is not a legal requirement under the Companies Code Act 992 (Act 2019).