Statutory & Internal Audits
Audit Services
Independent audit and assurance services providing credibility and confidence in your financial statements and operations. Ensure compliance, detect fraud, and enhance organizational credibility through professional audit services.
Why Professional Audits Matter
Credibility Enhancement
Audits give credibility to your organization, enhance acceptability of financial statements, and build confidence with all stakeholders.
Legal Requirements
Required by law for most organizations, mandatory for bank loans, essential for KRA compliance and donor requirements.
Fraud Prevention
Internal audits detect errors early, prevent fraud, protect assets, and ensure operations are accurate and not distorted.
What We Provide
Comprehensive solutions designed to meet your specific business needs
Annual Statutory Audits
Independent examination of financial statements providing assurance on accuracy and compliance as required by law.
- Companies Act compliance audits
- Cooperative societies audits
- SACCO audits (SASRA-compliant)
- NGO audits (donor-compliant)
- Faith-based organization audits
- Government ministry/department audits
Internal Audit Services
Ongoing internal control evaluation ensuring operations and records are accurate and not distorted by error or fraud.
- Weekly audit intervals (high-risk operations)
- Monthly audit intervals (standard operations)
- Quarterly audit intervals (lower-risk operations)
- Customized schedules based on risk profile
Regulatory & Compliance Audits
Specialized audits ensuring compliance with regulatory requirements and industry standards.
- KRA compliance audits
- Banking sector audits
- Insurance regulatory audits
- SASRA compliance for SACCOs
- Donor compliance audits
Diagnostic & Technical Audits
Comprehensive reviews of processes, systems, and management effectiveness.
- Process efficiency reviews
- Technology and system audits
- Quality control audits
- Financial statement accuracy assessment
- Budget variance analysis
- Management effectiveness audits
Special Purpose Audits
Focused audits for specific investigations, compliance checks, and pre-transaction reviews.
- Fraud investigation and forensic accounting
- Asset tracing and verification
- Compliance audits (regulatory, policy, contract)
- Grant utilization audits
- Pre-acquisition due diligence
Audit Deliverables
Comprehensive documentation and reporting for all audit engagements.
- Independent auditor's report
- Management letter with recommendations
- Internal control deficiencies report
- Tax computation from audited accounts
- Annual report preparation and printing (3 copies)
Our Audit Methodology
Our systematic approach to delivering exceptional results
Pre-Audit Planning
Risk assessment, internal control evaluation, audit strategy development, and timeline planning.
Audit Fieldwork
Transaction testing, asset verification, liability confirmation, revenue and expense substantiation, and compliance testing.
Audit Reporting
Preparation of independent auditor's report, management letter, internal control findings, and compliance report.
Post-Audit Support
Tax computation, self-assessment returns filing, AGM/stakeholder meeting support, and follow-up on recommendations.
Who Needs Professional Audits
Limited Liability Companies
Annual statutory audits required under the Companies Act. Essential for bank loans, tax returns filing, and shareholder confidence.
Cooperative Societies & SACCOs
SASRA-compliant audits mandatory for SACCOs. Member accountability, transparency requirements, and regulatory compliance.
NGOs & Donor-Funded Projects
Donor-compliant audits required for funding continuity. Grant utilization verification and accountability to donors and beneficiaries.
Faith-Based Organizations
Member accountability and transparency in fund management. Donor confidence and regulatory compliance for religious organizations.
Government Parastatals & State Corporations
Public sector audit requirements, accountability to taxpayers, compliance with government regulations and policies.
Large Partnerships
Internal control verification, partner accountability, and preparation for potential conversion to limited companies.
Benefits of Professional Audit Services
Why organizations trust our audit expertise
Enhanced Credibility
Audits give credibility to your organization, enhance acceptability of financial statements, and build stakeholder confidence.
Regulatory Compliance
Required by law for most organizations, mandatory for bank loans, and essential for KRA, donor, and grant compliance.
Early Problem Detection
Internal audits detect errors and irregularities early, prevent fraud, protect assets, and identify process improvements.
Better Decision Making
Accurate financial information provides management confidence for strategic decisions and operational improvements.
Risk Management
Professional audits identify and mitigate risks, ensure effective internal controls, and prepare you for regulatory audits.
Stakeholder Confidence
Enhanced credibility with government agencies, shareholders, board members, customers, suppliers, and all stakeholders.
Our Audit Standards & Quality
International Standards on Auditing (ISA)
All audits conducted in accordance with International Standards on Auditing ensuring global best practices.
International Financial Reporting Standards (IFRS)
Financial statements evaluated against IFRS for accurate and fair presentation.
ICPAK Code of Ethics
Strict adherence to professional ethics, independence, objectivity, and confidentiality standards.
Industry-Specific Standards
Specialized knowledge of SASRA requirements, donor audit guidelines, and sector-specific regulations.
Ensure Credibility & Compliance
Partner with us for professional audit services that enhance credibility, ensure compliance, and provide stakeholder confidence.