Auditing and Accounting Services
With Kaah Consulting LTD Accounting and Auditing Services, you have immediate access to leading edge technical expertise and resources. We will design a tailored audit program customized for your organization.
We will combine the collective skills and experiences of our audit professionals to deliver an audit that is efficient and provides assurance to your key stakeholders. With the business savvy to quickly resolve complex accounting and finance issues, you will find a range of financial and accounting services our consulting professionals are ready to provide at your fingertips.
A vital component of a transparent and accountable public financial management system is the ability of a government to undertake external audit, where the auditor is independent of the institution or the individual it is assessing.
This is a system that holds ministers, officials, and implementing partners to account for spending public resources. Effective external audit reduces the opportunity for corruption and makes policy development more effective – so that there is better public service delivery and greater value for money for taxpayers.
Our approach to auditing is based on a thorough knowledge of the audited entity’s operations, systems and controls and the environment in which it operates. Our procedures are adapted to both manual systems and computerized environments.
The specialization of our Expert consultants allows us to carry out work for both small and medium sized companies as well as for larger organizations with an international structure. We audit both under Somalia accounting principles and under International Accounting Standards (IAS) and apply International Standards on Auditing (ISA).
The most common services provided in this area are:
- Independent External Audit: Conducting independent external audits to ensure accountability and integrity in financial operations, reducing opportunities for corruption, and enhancing policy development effectiveness.
- Compliance with International Standards: Auditing conducted in compliance with both Somalia accounting principles and International Accounting Standards (IAS), applying International Standards on Auditing (ISA) where applicable.
- Tailored Audit Program Design: Customized audit programs designed specifically for each organization’s unique needs and requirements.
- Tax audit to detect and evaluate possible contingencies.
- Complex Issue Resolution: Business-savvy professionals equipped to quickly resolve complex accounting and finance issues faced by the organization.
- Financial and Accounting Services: Comprehensive range of financial and accounting services provided by consulting professionals, readily available for implementation.
- Transparent and Accountable Public Financial Management: Assistance in establishing transparent and accountable public financial management systems, including external audit processes to hold institutions and individuals accountable for public resource spending.
- Adaptability to Manual and Computerized Systems: Flexibility in audit procedures to accommodate both manual and computerized accounting systems.
- Preparation and review of reports for consolidations.
- Auditing of national and international grants.