Audit of the financial statements
The purpose of an audit is to enhance the degree of confidence of intended users of the financial statements. This is achieved by the expression of an opinion by the Auditor on whether the financial statements are prepared, in all material respects, in accordance with an applicable financial reporting framework. In the case of most general purpose frameworks, that opinion is on whether the financial statements are presented fairly,in all material respects, or give a true and fair view in accordance with the framework.
Auditor requires to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatements, whether due to fraud and error.
A financial statements audit is the independent examination of financial statements of an entity by an independent auditor.
Audited financial statements are used by the shareholders, bankers, customers, oversight bodies, investors and others. We have an expert team of audit professionals to handle the audit assignments to take care of all industries.