External Auditing (External Review)

  External auditing is one of the most important and significant professional services provided. It is supported by a large elite of qualified professionals, consultants, and auditors with extensive experience in external auditing (financial statements), expressing opinions on financial statements, and providing professional recommendations to various types of business organizations and their fields. The work of external auditing is not limited to expressing an opinion on financial statements; we also examine the internal control system and issue our recommendations on the strength and weakness of control within the company. Furthermore, our external audit report includes many recommendations, observations, and suggestions that affect the efficiency and effectiveness of work in companies and organizations, such as conflicts in task duplication, weak administrative structures and their suitability for the company, and the extent of independence of tasks and authorities from job functions.  

Our External Auditing Services

  Our external auditing services involve examining the financial statements prepared by the entity’s staff and providing a report to management on whether the financial statements fairly present the entity’s financial position at the end of the audited period. Our external audit team is professionally and academically qualified to understand the accounting and professional auditing standards used, and specialized in identifying the recognized types of audits performed through the following:

• Final review of financial statements at the end of each fiscal year.
• Preparation of management letters including observations and recommendations regarding existing deficiencies.
• Developing audit programs for institutions, companies, and government entities.
• Conducting a series of visits to the entity throughout the fiscal year.
• Adherence to recognized auditing standards.
• Preparation and submission of reports resulting from audit operations to management.
• Applying various types of audits according to business needs.
• Identifying strengths, weaknesses, opportunities, and threats, and providing recommendations to address weaknesses.
• Evaluating the client’s internal control systems and issuing a report on the evaluation results, along with proposed recommendations from our consultants to enhance control procedures and increase their effectiveness.