Financial reporting and auditing
Financial reporting and corporate auditing are core services for RSRIR.
Management, investors and lenders need to review and trust your financial information to understand your business operations, plan for the future and determine the risks involved in committing funds and resources. RSRIR’s audit and assurance teams understand clients’ businesses and industries. and the needs of other stakeholders who request their financial data.
As a global audit network member, RSRIR is totally committed to quality. integrity and independence. In accordance with the applicable Code of Ethics, we are required to use our best endeavours to ensure that we are independent of our financial statement audit clients.
Statutory audits and reviews
Business owners may perceive the preparation of annual financial statements and the audit or review simply as a legal obligation. At RSRIR, we prefer to view these as diagnostic tools, helping to reveal issues which can then be addressed by identifying realistic and practical solutions. The audit process may even lead to improvements in efficiency and profitability. Our experienced and impartial auditors take an objective view of the business, fulfilling statutory requirements while providing clear and constructive advice.
While an annual audit may no longer A statutory requirement for small and medium sized businesses under some laws, entities often opt for a voluntary audit in order to monitor their financial position, help to mitigate future risk and turn inefficiencies into opportunities. Whether an audit is a legal requirement or voluntary, with RSRIR. the audit process is based upon adding value.
Multinational reporting and auditing
As leading specialists in audit and compliance, we prepare reports across a wide number of international jurisdictions, compiled in accordance with both local and international standards and regulations For multinational groups and organisations we provide consistent and seamless financial reporting and auditing services, including:
● Consolidated group compliance and reporting:
● Integrated reporting
● IFRS financial statements and conversion from/to local GAAP:
● Global internal audits; and
● Transnational statutory audits.
Internal controls
We are experienced in performing reviews and assessments of the design and effectiveness of companies’ internal systems and controls, to help clients improve the effectiveness of risk management and governance processes, enhance the integrity of corporate financial information and avoid fraud.
Specialized service
Depending on the jurisdiction, specialist audits can be highly regulated, with strict procedures and reporting requirements. In relevant markets, we have the necessary in-depth knowledge, technical expertise and licences required to audit banks and financial institutions, charities and foundations, non-profit entities, employee benefit plans / pension schemes, and publicly listed companies
