{"id":523,"date":"2021-09-21T20:18:48","date_gmt":"2021-09-21T20:18:48","guid":{"rendered":"https:\/\/works.lawhatik.com\/abacus\/site\/?post_type=services&#038;p=523\/"},"modified":"2021-12-08T13:47:32","modified_gmt":"2021-12-08T13:47:32","slug":"attestation-services","status":"publish","type":"services","link":"https:\/\/abacus-ksa.com\/en\/services\/attestation-services\/","title":{"rendered":"ATTESTATION SERVICES"},"content":{"rendered":"<p style=\"text-align: left;\">Confidence of the business community is driven by the credibility placed on the information reported by an entity, whether the information is financial or not.<\/p>\n<p style=\"text-align: left;\">For example, the level of the audit quality is very vital for maintaining the trust in the financial reporting process and integrity of financial information reported the financial statements.<\/p>\n<p style=\"text-align: left;\"><strong>Our portfolio of assurance services includes;<\/strong><br \/>\n\u2022 External Audit<br \/>\n\u2022 Internal Audit<br \/>\n\u2022 Performance Audit<br \/>\n\u2022 Operational Audit<br \/>\n\u2022 Special Purpose Audit<\/p>\n<p style=\"text-align: left;\">We use an automated audit software (One Audit) to carry out the audit engagements of our clients.<br \/>\nOur assurance engagements are planned, performed, and supervised by technically competent and experienced professionals who ensure a solid foundation for a trust-worthy assurance report.<\/p>\n<p style=\"text-align: left;\"><strong>We identify the following distinct phases in every assurance engagement:<\/strong><br \/>\n1. Planning and Strategy<br \/>\n2. Execution<br \/>\n3. Conclusion and Reporting<\/p>\n<h3 style=\"text-align: left;\">1. External Audit<\/h3>\n<p style=\"text-align: left;\">We plan and carry out annual\/external audit assignments and quarterly review commitments in light of the requirements of the International Standards on Auditing (ISA) and relevant local laws. These assignments are planned, performed, supervised and reviewed by qualified auditors who have the required level of technical knowledge relevant to the type and scale of the assignment. We believe that this combination of experience and qualification is the cornerstone for the success of our audit assignments.<\/p>\n<h3 style=\"text-align: left;\">2. Internal Audit<\/h3>\n<p style=\"text-align: left;\">We provide our clients (who outsource these engagements either in whole or in part) case-by-case reports of fieldwork outcomes in light of agreed contractual clauses. This helps our clients achieve their goals by developing a rigorous and disciplined approach to assessing and improving the effectiveness of risk management, control, and corporate governance processes.<\/p>\n<h3 style=\"text-align: left;\">3. Performance Audit<\/h3>\n<p style=\"text-align: left;\">We conduct an independent examination of each programme, function, process, system and procedure of our clients to assess whether they have achieved the target level of efficiency and effectiveness in employing the available resources.<\/p>\n<h3 style=\"text-align: left;\">4. Operational Audit<\/h3>\n<p style=\"text-align: left;\">We carry out this type of systematic audit of the effectiveness, efficiency and economy of the project. An operational audit is a systematic, independent, prospective assessment of organizational activities. In performing our operational audit engagements, we use the financial statements only partially, but the main sources of evidence are internal policies and procedures, and operational achievements rdaked to the achievement of customer objectives.<\/p>\n<h3 style=\"text-align: left;\">5. Special Audit Assignments<\/h3>\n<p style=\"text-align: left;\">We perform special audit assignments for our clients for a variety of purposes, such as fraud investigations, court orders, regulatory requirements, business merger requirements, etc\u2026<\/p>\n","protected":false},"excerpt":{"rendered":"Confidence of the business community is driven by the credibility placed on the information [&hellip;]","protected":false},"featured_media":957,"parent":0,"comment_status":"open","ping_status":"closed","template":"","class_list":["post-523","services","type-services","status-publish","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/abacus-ksa.com\/en\/wp-json\/wp\/v2\/services\/523","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/abacus-ksa.com\/en\/wp-json\/wp\/v2\/services"}],"about":[{"href":"https:\/\/abacus-ksa.com\/en\/wp-json\/wp\/v2\/types\/services"}],"replies":[{"embeddable":true,"href":"https:\/\/abacus-ksa.com\/en\/wp-json\/wp\/v2\/comments?post=523"}],"version-history":[{"count":1,"href":"https:\/\/abacus-ksa.com\/en\/wp-json\/wp\/v2\/services\/523\/revisions"}],"predecessor-version":[{"id":524,"href":"https:\/\/abacus-ksa.com\/en\/wp-json\/wp\/v2\/services\/523\/revisions\/524"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abacus-ksa.com\/en\/wp-json\/wp\/v2\/media\/957"}],"wp:attachment":[{"href":"https:\/\/abacus-ksa.com\/en\/wp-json\/wp\/v2\/media?parent=523"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}