At GFinSer Team, we provide the service of external audit to our clients. The main object of external audit is to enable the auditor to express a fair opinion on the financial statements of the company which are prepared by the company’s management and presented for audit.
The International Accounting Standards Board – IASB has implemented some new accounting standards which are compulsory for accounting periods beginning on or after 1 January 2018. These include new standards on revenue recognition – (IFRS 15: Revenue from Contracts with Customers and the new standard on recognition and measurement of financial instruments ) and the new standard on recognition and measurement of financial instruments (IFRS 9: Financial Instruments). The New standard on leases – (IFRS 16: Leases) will be mandatory for periods beginning on or after 1 January 2019.
The new standards could have a significant impact on financial statements. They require the management of an entity to apply complex judgement and could involve significant modification to the way in which accounting data is reviewed.
GFinSer Team can assist you by providing training on the new standards and assisting in understanding the provisions of the standards as applicable to your organization
The objective of an internal audit is to educate management and employees about how they can improve business operations and efficiency.
At GFinSer , we provide the services of internal audits to become a trusted business consultant. Our professional team with expertise in financial and operational audits, business operations, risk assessments reviews etc., can improve the overall internal control of the company.
There is always need to maintain a sufficient and good operating & financial accounting systems for all the organizations.
Our experienced team with a wide range of professional exposure can provide clients with valuable views and recommendations to implement necessary procedures, systems, standard operating procedures (SOPs) and internal controls for the smooth operation of the company.
We provide the services of high-quality investigations regarding various financial matters and financial frauds etc. Our team at GFinSer with wide professional exposure can go through deeply into all the accounting and other financial records, ask the relevant questions, assess the accuracy of any claim or report, and conclude a reasonable & valid reports for the management.
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