Audit Services | Financial & Business Auditing Solutions
An organization’s management, trust and transparency in the finances are clear requirements which can only be achieved through correct and complete audits. OneSoft provides audit services, which allows every business to understand their compliance, manage their risks and review their financial management processes. Internal audit, external audit, or any other kind of specific accounting examination that you might need, we have them all delivered by our experienced auditors who design all or any of the examinations to fit your audit business practices and comply with the applicable laws and standards.
Internal Audits
Internal processes, controls, and systems are working properly:
Risk Management: Identify and evaluate specific risks that your business is exposed to, and focus on financial, operational, and compliance risks.
Process Improvement: Review existent internal processes and advise on how to change them for better efficiency, effectiveness, and control.
Compliance Monitoring: Manage the compliance of policies and procedures within the organization to legal and regulatory and other requirements.
Fraud Prevention: Initiating processes that allow reasoning of financial operations to be able to detect any out-of-the-ordinary activities and help put in place measures to prevent similar activities in the future.
External Audits
Ensure accuracy and transparency with independent assessments of your financial statements:
Financial Statement Audits: Such as performance of financial, forensic examinations, procedures to confirm if the organizations financial records like balance statements, income report, and cash flow document are factual.
Regulatory Compliance: Ensure that the local, national and international accounting standards and regulatory requirements are all met.
Audit Reports: Describe the conclusions through a detailed audit report complete with findings, assessments and recommendations for improvement. This enhances stakeholder and investor confidence.
Audit Opinions: Do provide a professional opinion at the financial level of the organization in question and all stakeholders have been given relevant information in full.
Tax Audits
Tax related risks will be minimized and total compliance with tax legislation achieved:
Tax Return Audits: Ensure that the company files its Return, all other tax obligations and keeps proper records as required by the law.
Tax Planning and Strategy: Provide reasonable ways of approaching issues with the aim of devising means to minimize tax liabilities in an organization.
Tax Compliance Reviews: Reviews tax returns and other necessary documents to ensure that all the required returns and documents are timely submitted and they are the correct ones.
Representation in Tax Disputes: Handle disputes with the tax authorities and negotiate to the best advantage the resolution of tax matters during audits and investigations.
Compliance Audits
Regulatory, financial and operational standards are upheld in the business:
SOX Compliance Audits: Check the compliance of the entity with Sarbanes-Oxley Act (SOX) as well as with other standards of corporate governance.
Environmental Compliance: Investigate environmental law compliance by a business and compliance with sector specific regulatory standards.
Compliance with Health and Safety Standards: Confirm that your company is compliant with health and safety rules so that you avoid paying hefty penalties and maintain the wellbeing of your employees.
Data Security Assessment: Inspect your company’s data security policies and practices in respect to data security requirements set forth by laws in many jurisdictions including GDPR or CCPA.
Forensic Audits
Investigate suspected fraud or financial misconduct within your organization:
Fraud Investigations: Locate and keep track of the occurrence of fraudulent practices such as theft of assets and differences in financial records of the company.
Financial Crime & Forensics: Expert fraud auditing to locate potential embarrassing financial crime that would harm the business’ image.
Litigation Support: Assist and appear as witnesses in court after a financial case has been brought about by fraud and mismanagement of an entity.
Fraud and Controls: Increase the internal controls as well as put in place preventive measures to increase the chances of fraud occurring in future even further.
What makes OneSoft the best for Auditing Services?
Professional Auditors: Our certified and experienced auditors have been working in numerous sectors and will perform the audits thoroughly and efficiently.
Unique Auditor Financial Services: Depending on the industry of the client, their size and operational requirements, tailored auditing services will be provided.
Unbiased and Independent: We do audits which are non biased and are aimed at enhancing transparency and building confidence among stakeholders.
Regulatory Compliance: We always have our ears to the ground when it comes to the enactment of the new laws or amendment of the existing regulations meaning that your business complies with the prevailing standards.
Risk Mitigation: Thanks to the audits conducted, weaknesses in the potentials, risks will be brought to the fore making it possible to improve your business and protect it from any financial damage.
Safeguard Your Business by Using OneSoft’s Auditing Services
It’s a fact that finance, integrity, and compliance are some of the critical issues at OneSoft. Our digital audit will help review your business performance in regards to its finances, look for gaps, and review opportunities for compliance. We invite you to reach out to us to understand how our audit services can make your business more customer-centric and embrace transparency for more profits!