External Audit Services
As the name suggests, it is the audit of financial statements through external auditors. In the external financial audit, an independent auditor will determine:
External Financial Audit
- The accuracy and completeness of Books of Accounts.
- Whether financial statements of the company represent a true and fair view of financial position, financial performance, and cash flows.
- Whether financial statements are prepared in accordance with International Financial Reporting Standards (IFRSs) and applicable local laws and regulations.
External financial audit required by the license issuing authorities, Government Authorities, Management, Shareholders, Investors, Bankers, Potential Customers, Internal Auditors, etc.