AUDIT & ASSURANCE

In Kuwait’s thriving and dynamic business environment, trust and integrity are paramount. Our dedicated team of highly skilled professionals brings extensive experience and in-depth knowledge of local regulations, international standards, and industry best practices to provide you with comprehensive and reliable Audit and Assurance services.

We understand the unique challenges and opportunities that organizations face in Kuwait, and our tailored approach ensures that we meet your specific needs. Our meticulous and thorough audit procedures go beyond compliance, as we strive to uncover insights and identify areas for improvement within your financial reporting processes, internal controls, and operational efficiency.

Our audit and assurance services comprise of the following:

Financial Statement Audit

A financial statement audit is the examination of an entity’s financial statements and accompanying disclosures by an independent auditor.

Quality Assessment Review

Audit committees and chief audit executives may want to assess how well internal audit is performing. this is where an internal audit quality assurance review comes in. The Institute of Internal Auditors established the benchmark for internal audit performance through a series of standards. To ensure that your internal audit function conforms to the International Standards for the Professional Practice of Internal Auditing, you must establish a Quality Assurance and Improvement Program and, obtain an external quality assessment by an independent reviewer or an internal review team.

Internal Control Review (ICR)

Internal Control Review (ICR) is an overall assessment of the internal control system and its adequacy of each business area in an organization to address the relevant risks. Through control review, an organization’s resources are directed, monitored, and measured in an effective manner. It plays an important role in protecting the organization’s tangible and intangible resources.

Attestation

Business entities need the attestation report by an auditor on data or information related to specific matter in order to comply with the requirements of regulatory or organizational authorities, carry on certain business activity, or obtain a license, and meet other business requirements.

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With a commitment to professionalism and transparency, our Audit and Assurance services aim to instill trust in your stakeholders, including investors, shareholders, and regulatory bodies. We work diligently to provide you with accurate and independent assessments that enhance the credibility and reliability of your financial statements.

As trusted advisors, we go beyond numbers and provide actionable recommendations that help you make informed decisions and drive business growth. Our team is dedicated to being your reliable partner, supporting you throughout the audit process and offering valuable insights into the risks and opportunities specific to your industry.

Whether you are a small business or a large corporation, our Audit and Assurance services are designed to meet the unique needs of organizations across various sectors in Kuwait. With a focus on integrity, quality, and excellence, we are here to help you achieve your business objectives and navigate the complexities of the Kuwaiti business landscape with confidence.