Financial statement audit
An independent audit of financial statements contributes to investor confidence and therefore to the effective functioning of capital markets. Our audit approach is based on a consistent methodology developed to comply with International Standards on Auditing.
Our audit clients include many of the world’s leading multinational corporations, as well as many small and medium-sized companies and a significant number of local authorities and other public sector bodies.
The use of international financial reporting standards (IFRS) as a universal financial reporting language is gaining importance across the globe. IFRS presents challenges at all stages of the IFRS conversion lifecycle. They provide a common financial reporting platform for companies that have previously reported on a wide variety of country specific accounting principles. MAS has experience of helping clients transition from local GAAP to IFRS and assists clients around the world to provide accurate and meaningful IFRS financial reports.
Our clients can successfully complete their conversion in accordance with new accounting standards. We are equipped with the range of professionals to help company’s conversion to IFRS, including: technical accounting, treasury, tax, human resource, M&A valuations and project management.
We can assist organisations which want to improve the quality and efficiency of their internal audit processes. We offer a broad range of customized Internal Audit services to augment corporate governance, manage business risk, provide assurance on control effectiveness and support organization in achieving their objectives.
Regulatory Compliance and Reporting
Our advice and support organizations which are engaged in activities that come under the control of a regulator to manage regulatory risks. In a dynamic regulatory environment, we proactively help you to identify, manage, and control both present as well as future regulatory risks.
For all organizations that are registered with Securities & Exchange Commission (SEC) should conform to the requirements of section 404 of the Sarbanes-Oxley Act, which requires management and the external auditor to report on the adequacy of the company's internal control over financial reporting (ICFR). We offer a wide range of services to achieve this conformance.
Our consultative services comprise of project management support, technical assistance, determining the risk assessment and scoping actions, assisting in documentation and assessment efforts, training, quality assurance and review. For non-audit clients, we offer direct assistance in the appraisal and remediation of controls.
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.