Assurance services encompass a broader range of activities beyond audits, aimed at improving the quality of information for decision-making purposes. These services provide stakeholders with confidence regarding financial and non-financial information. They help organizations manage risks, improve efficiencies, and enhance credibility.
Audit and assurance services are critical components of the financial and business landscape. They play a vital role in enhancing the reliability and credibility of information, particularly financial statements. Here’s a brief overview of each:
Types:
Review Engagements: Less comprehensive than audits, these involve limited procedures to provide moderate assurance on financial statements.
Agreed-Upon Procedures: Involves specific procedures agreed upon by the auditor and the client, with no assurance provided.
Sustainability and CSR Reporting: Assurance on non-financial information, such as environmental impact and corporate social responsibility reports.
Novaza has clients in various industries, with over 15 years of staff expertise in providing audit and assurance services.
As an independent consulting firm, we have developed and implement quality control procedures in accordance with all applicable standards at every stage of a commitment.
Our quality assurance system requires that each partner, senior or staff maintains objectivity and independence on each assignment engaged. We have procedures in place to ensure that each personnel before the assignment formally discloses any matter that could compromise independence whether it is personal financial or other interest.
Novaza conducts all aspects of our business to the highest of professional standards, to maintain integrity and to keep in good standing in our local business community. We have developed and implement quality control procedures in accordance with all applicable standards at every stage of a commitment.
Trade, construction, production and services company
Non-profit organisations
Public companies