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External Audit & Assurance Services
We offer a comprehensive range of audit and assurance services designed to strengthen compliance, ensure transparency, and build trust with stakeholders:
These services help you identify errors, enhance compliance, and gain accurate, reliable reports that represent your organization’s real financial position.
2. Operational Audit
We evaluate how effectively and efficiently your organization utilizes its resources to achieve its mission and objectives. Operational auditing enhances workflow quality, strengthens governance, and ensures smooth performance across all departments.
Our operational audit services include:
3. Internal Audit & Control Assessment
We focus on strengthening your internal control environment, including its core components: control environment, risk assessment, information & communication, control activities, and monitoring systems.
Our specialized services include:
4. Project Monitoring & Evaluation
We help organizations track the performance and impact of their projects, contributing to project success and sustainable results through:
Why Choose Abdullah Al-Hamdan CPA’s for Audit and Assurance? With our audit and assurance services, you receive more than reports, you gain clear financial and operational insights that help you understand risks, correct weaknesses, and strengthen long-term organizational performance.
Internal audit focuses on evaluating the efficiency of resource utilization, ensuring compliance with the organization’s internal policies and procedures, and improving financial and administrative controls to help the organization achieve its objectives. On the other hand, external audit involves an independent examination of the financial statements to verify that they are free from material misstatements and comply with applicable standards, regulations, and laws. The external auditor then issues an official report for stakeholders.
Internal audit helps organizations by: Improving operational efficiency and optimal use of resources. Ensuring compliance with approved policies and procedures. Strengthening accounting and financial controls. Supporting management in making informed decisions through periodic reports. Identifying weaknesses and potential risks, thus enhancing governance.
The external auditor may issue several types of reports, including:
- The Independent Auditor’s Report on the Financial Statements
- Audit Report
- Agreed-Upon Procedures Report
- Limited or Reasonable Assurance Report
- Special Purpose Reports
- Compliance Report
Auditing, in all its forms, plays a vital role in enhancing the effectiveness and efficiency of organizations through several key contributions, including:
1- Strengthening internal control systems
By identifying weaknesses in controls and procedures, reducing errors and fraud, and improving the effectiveness of monitoring and oversight mechanisms.
2- Enhancing operational efficiency
By evaluating workflows, identifying improvement opportunities, and minimizing resource waste—ultimately increasing productivity and reducing operational costs.
3- Improving the quality of financial information
By ensuring the accuracy and completeness of accounting data, which supports informed and reliable decision-making.
4- Supporting compliance with laws and regulations
By ensuring the organization adheres to accounting standards, internal policies, and regulatory requirements, reducing legal risks and penalties.
5- Building trust with investors and stakeholders
Auditing provides highly credible reports, strengthening confidence among stakeholders and increasing opportunities for funding and growth.
6- Early detection of financial and administrative risks
Through variance analysis and identifying potential sources of risk, along with offering practical recommendations to mitigate them.
7- Supporting financial planning and decision-making
By providing accurate information that aids in budgeting, business planning, and project evaluation.
8- Enhancing zakat and tax compliance
By reducing errors in returns, minimizing additional amounts and penalties, and improving the management of tax and zakat obligations.
9- Promoting a culture of transparency and accountability
By reinforcing financial and administrative discipline, improving interdepartmental communication, and supporting good governance practices.
