Auditing is an integral part of any business. Audits can be performed within the organization or externally. Auditing helps the management keep a tab on employees’ activities, ensuring that they are complying with the set company policies, regulations, and rules. Auditing also helps protect the company’s assets acquired through legal ways.
Excel Consultants & Partners LLC is an auditing firm that has hired a team of experienced professional auditors. The auditors take care of the various tasks related to finance and accounts. We are an auditing firm in Qatar that ties a lot of significance to the business structure for any for-profit entity. As a business owner in Qatar, you need to know that the government of Qatar places a lot of emphasis on auditing firms and auditors since they ensure the financial accuracy of the business organizations running here.
Ways Excel Consultants & Partners LLC assists their client’s finance and account department as one of the top auditing firms in Qatar.
Auditing Services offered by the top Audit Firm in Qatar (Excel Consultants and Partners LLC).
Let us have a look at how a top auditing firm in Qatar helps clients with different types of audit businesses.
- Internal Audit
- External Audit
- Audit for Taxation
- Audit to determine cost-efficiency
- Audit of the Financial Statements
- Statutory Audit of a company
As one of the leading audit firms in Qatar, our team consists of highly qualified auditors. We have more than sufficient skills to assist our clients with all types of auditing tasks. As top auditors in Qatar we also perform audits that are compliant with IFRS (Internationally Financial Reporting Standards), IAS (International Accounting Standards), and GAAS (Generally Accepted Auditing Standards).
Reporting
As a top auditing firm, we know the importance of preparing in-depth audit reports. Also, our reports focus on detailing a Qatari company’s financial condition and status. We always emphasize that businesses must perform internal audits to take a look at the financial activities performed within the company and internal auditing also assists with the prevention of embezzlement, fraud, omissions, and errors of commission.
Audit of Corporate Governance
Our auditors’ approach for corporate governance audit consists of conducting audits by developing a thorough audit plan. They go in-depth, perform detailed research and also check the background information of a company. They also look at the factual accuracy of corporate governance. They take on board all stakeholders including:
- The community
- Government
- Company shareholders
- Employees of the company
- Management
- Suppliers
- Direct Customers
- Indirect Customers
- Financiers and Investors
Auditing and Risk Management
As one of the leading auditing firms in Qatar, we also perform risk management tasks. We perform an internal audit that evaluates business risk. Our corporate governance audit in Qatar evaluates different risk factors including health and safety, market failure, financial risk, and others. We help you avoid blind spots in your business so that you can timely identify and mitigate them. Here is a look at the core auditing services that Excel Consultants and Partners LLC provides as an auditing firm in Qatar.
Key Audit Services Offered by Excel Consultants & Partners LLC (A well-established auditing firm in Qatar).
Here is a detailed look at the core audit services that we provide as an auditing firm in Qatar.
- Internal audits and corporate governance audits
- Audits involving an organizational structure or hierarchy audit
- Audit to determine the efficiency
- Audit of company management
- Due Diligence audit
- Security Audit
- Audit of infrastructural controls
- Compliance Audit including TDS Audit or Service Tax Audit
- Projects by companies
- IT controls
- Audits of Company Financial Statements
We cover more than these core audit services. Here are some of the other auditing services that we offer as an accounting firm in Qatar.
- Identification and Analysis of Gap
- ERP Controls – Reviews, Evaluations, Assessments, and Implementations
- Controlling business processes and advisory
- To assist in implementation, designing, and testing of controls
- Offer data quality controls as well as assessments
- Filling of documents
Key Auditing Tasks Performed by Excel Consultants & Partners LLC auditing firm in Qatar
- Offer recommendations as well as direct solutions to offer corrections where needed.
- To report on any failures or non-conformities found.
- Checking any incorrect procedures or formulations in business processes.
- Evaluating the processes that assure their reliability.
- Ensure that the information of a company and data remains reliable and secure.
- Verification of processes involving operations involving the protection of company assets.
- Evaluate the efficiency of business operations and processes.
Conclusion
Auditing is the backbone of any business’s financial performance and it has to be done in a transparent manner. Small business owners often undervalue the importance of auditing. However, many small business entrepreneurs are warming up to the idea of hiring a financial auditing firm. Since financial auditing firms assist SMEs and big businesses succeed by preventing fraud from taking place in their business.
Excel Consultants and Partners LLC stands as one of the foremost auditing firms in Qatar consisting of experienced auditing professionals who can expertly perform audits of your company. So, get in touch with Excel Consultants and Partners LLC today for auditing of your company or business in Qatar.
Excel Consultants & Partners LLC is a bookkeeping, accounting, taxation, audit, company formation, accounting training & education, Qatar VAT training and implementation, accounting recruitment & HR, business feasibilities and plans, accounting services for eCommerce, project management consultancy, and company formation expert in Qatar. Please click on the relevant link below to get the services you require as a business owner or manager in Qatar.
You can reach us at info[at]ExcelConsultants.org or call us at +974.70268254.
