Day: March 20, 2022

The Companies Act does not stipulate the form the auditor‘s report should take. The auditing standards seek to ensure that the auditor‘s report is clear and unambiguous. To this end, it seeks to standardize the form of the auditor‘s report. Read More …

Section 162(1) of the Companies Act stipulates the statements that should be expressly stated in the auditor‘s report. These are; Whether the auditor has obtained all the information and explanation which to the best of his knowledge and belief were Read More …

An appropriate declaration that the expert understands his duty to the court and has complied with that duty. A statement of truth relevant curriculum vitae detailing qualifications and experience appropriate to the opinion expressed The substance of all material instructions Read More …

This is the process of gathering , analysing and reporting on data, in a pre-defined context for the purpose of finding facts and/or evidence in the context of financial /legal disputes /or irregularities and giving preventive advice in this area. Read More …

The objective of compilations is to collect, summarize and classify financial information i.e. using accounting rather than auditing expertise into understandable form e.g. financial statements. In a compilation engagement, the accountant is engaged to use accounting expertise as opposed to Read More …

We have established that the directors and auditors of a limited company have very precise legal duties, we are also aware that modern accountancy firms thrive on their ability to provide a wide range of professional services in addition to Read More …