Auditing & Assurance

Our goal at Farahat & Co. is to provide you with a fast and efficient service at all times.

Our audit team offers a dedicated commercial approach to help you control and improve your business. Independent assurance from us should enhance your business and its reputation.

In order to attain a rough estimate of your audit of accounts, please click here to enquire regarding all the necessary information. Please bear in mind that it is essential to complete the form accurately in order to get a satisfactory estimate. If you need further assistance, please feel free to contact us.

Management Audit:
Productivity and efficiency of management are key determinants of an organization's success. Our procedures aim at maximising management performance focusing on improving processes within the organization.

Operations and Efficiency Audit:
Our objective is to ensure that the resources of the organization are optimized in order to get maximum possible value. We focus on streamlining processes, minimizing waste and an objective measurement of management and staff performance.

Internal Audit/Concurrent Audit:
Our emphasis is on ensuring strong internal control systems to minimize the risk of accidental or deliberate errors and omissions. Safeguarding of assets, adequate division of authority over key control areas and compliance with internal operating policies and guidelines are other focus areas of our procedures.

Audit Flow

Special Investigative Audit:
Despite designing and installing high quality control systems, organizations do face situations involving fraud and financial impropriety. We have assisted clients in unearthing such situations and taking remedial action.

Due Diligence Review:
We assist clients in conducting financial, legal and accounting reviews in case of mergers, acquisitions and investments. A sound understanding of local laws, regulations and accounting practices enables us to vet all critical issues in detail.

Costing and Accounting System Design and Review:
Accurately measuring and managing cost and accounting data is critical for management decision making and reporting. Our assistance in developing and installing these systems help management with their decision making process.

Compilation of final accounts as per accounting standards of US GAAP:
We assist clients in compilation of final accounts as per US GAAP standards which help companies to compete effectively and efficiently in global market.

Internal Audits:
  • Compliance with management controls
  • System and process improvements
  • Financial impropriety and fraud audits
  • Due diligence for acquisitions and investments

Our emphasis is on ensuring strong internal control systems to minimize the risk of accidental or deliberate errors and omissions. Our objective is to ensure that resources of the organization are optimized to deliver maximum possible value.