At RMC LLP, we offer manager-led voluntary or statutory audit and assurance services when called upon. The aim is not only to flag out the challenges in your financial statements and internal controls, but also to advise you on the best practice, and changes in the accounting standards and legal environment on a day-to-day basis.
Most organization values the importance of external audit. From meeting statutory obligations to improving operational efficiency hence promoting accountability, this among other reasons make the service almost a prerequisite in today’s business world. We adopt a Risks-Based audit approach. We plan, execute and report our finding objectively thereon.
To understand your organization key risk areas, internal audit is a function that works towards identifying and providing key mitigation measures to the risk identified. We provide an assurance that the key ICS already set-up by the clients’, to mitigate on those risks are sound and effective in minimizing/reducing those risks. We undertake and report our finding on the agility of our clients’ unique situations thereon in terms of weaknesses and over controlled enterprises within the clients’ operations.
An investigation is likely to be similar in many ways to an audit of financial information's and reports. But fraud is very much sophisticated in the modern techno-survey business environment hence requiring a skill-set that could discover if the fraud had actually taken place, identify those involved, quantify the loss in monetary terms (i.e. the financial loss suffered by the client), and to ultimately build a compelling case where necessary and reduce the risks. We rely on our team of expert in the legal, accounting and IT to help you handle fraud to its logical end.
Your organization need to know that financial accounting systems are working effectively, in order to minimize risk such as possible loss of assets. To avert this, we perform internal control assessments and system reviews. At RMC LLP, we provide independent assurance that the integrity of the internal information systems is adequate, effective and appropriate in minimizing the accounting and financial risks of our clients.
Most organization agree that inventory is a high risk accounting balances. Compliance to the policies on inventory management is prerequisite to its optimal use. At RMC LLP, we conduct compliance & inventory audit to clients.