Audit & Assurance
Whether you’re grappling with global market risks, starting a local business, or need assurance that your financial information is true, fair, and accurate, AbuBaker Jatoi & Co.’s specialist audit and assurance team has the expertise, experience, and resources to provide reliable and effective audit and assurance services.
The success of a business is heavily reliant on reliable financial information which promotes confidence and mitigates uncertainties. Credible information needs to be corroborated by the desired level and kind of professional assurance ranging from statutory audit of financial statements to a variety of other forms of assurance and attestations consistent with the varying needs of users of such information.
AbuBaker Jatoi & Co. provides a wide range of assurance services, with the primary focus on the objective of assurance on the reliability and relevance of financial information and a host of non-financial aspects, data, processes, operations, and procedures, as well as on the effectiveness and efficiency of controls.
Audit Methodology
The audit methodology of AbuBaker Jatoi & Co. enables us to provide effective and efficient delivery of quality assurance services. The significant features of our audit methodology include a sharp focus on business risks specific to each client, a higher degree of emphasis on the reliability and testing of controls, analytical review, building and sharing knowledge, a skeptical approach, and teamwork involvement throughout all significant phases of an audit.
We are committed to delivering independent, efficient, effective, and comprehensive audit and quality assurance services. By gaining a thorough understanding of our clients’ businesses and by providing a risk-focused service integrating rigorous risk assessment with diagnostic processes and audit testing procedures tailored to the specific audit, AbuBaker Jatoi & Co. maintains excellent relationships with clients through building and sharing knowledge and involvement throughout all significant phases of an audit.
Our Services
Statutory Audit: Helping directors manage business and financial risks while ensuring compliance with regulatory requirements.
Internal Audit: Providing effective checks and balances, identifying risk areas, and ensuring that internal processes and procedures are properly followed.
Due Diligence: Offering valuable insights when considering business acquisitions, mergers, or the purchase of shares.
Forensic and Investigative Services: Using accounting expertise to investigate fraud, embezzlement, and other forms of financial misconduct.
Agreed Upon Procedures: Assessing specific performance or financial issues without the requirement of a full statutory audit.
Examination of Prospective Financial Information: Providing assurance on future-oriented financial information, projections, and forecasts.
Tax Audit: Ensuring compliance with tax statutes through comprehensive assurance on declared operating results.
IFRS Reporting and Accounting Services: Assisting in accurate and compliant financial reporting in accordance with IFRS standards.
Review and Compilation Assignments: Preparing and presenting reliable financial information in compliance with applicable regulatory requirements.
Management Audit: Identifying errors and evaluating internal controls to help prevent operational failures and business disruptions.