External audit / External auditors are important to establishing credibility and to ensuring compliance with relevant laws. They ensure that the financial practices of a business are in line with IFRS “International Financial Reporting Standards” and to spot real or potential problems. We confirm that an organization’s claims about its financial position, its profitability and the process behind these claims, are true and fair.
Our main objective as external auditors is to determine whether, in the auditor’s opinion, the statements present fairly in all material respects – that is, we show you a true and fair view in all material respects of the company’s financial position, results of operations, and cash flows, in conformity with IFRS “International Financial Reporting Standards”
In Mudhaffar we provide you with proper auditing and proper financial records to comply with the tax law properly. And to cope with the law with no difficulties, your financial statements will be more credible, also we examine book keeping records without the filter of personal relationships clouding their judgment, the financial statements will tell the unvarnished truth, and their impartial inspection could keep your business from taking a major loss.
In Mudhaffar we provide you with the opportunity not only to verify your numbers but also to learn ways to improve your processes and procedures. An external auditor might notice areas in which you can improve your cash flow, reduce debt-service interest, depreciate assets, take more deductions or institute other capital management techniques that improve your bottom line.