AUDIT COMPLIANCE

Operations and compliance audits

Organizations run the risk of running their business processes to meet their business goals. Changes in business strategies and processes can put tremendous strain on control mechanisms and become a major source of risk.

Internal auditing helps provide independent assurance of overall risk management, control and corporate governance processes. It can also be a useful catalyst for change and improvement within the organization. Effective control mechanisms can help risk management, streamline operations and increase stakeholder confidence.

Gulf Tax Agents analyzes business processes, controls and accounting policies that have a direct or indirect impact on the company’s financial position. We conduct compliance audits to check the consistency of internal controls and external controls.

Our audit procedures are designed to support early detection of fraud and mitigate the impact on businesses. The scope of these reviews includes process documentation, identifying process gaps based on similar industry benchmarks and filling these gaps.

Our operations and compliance services provide independent and objective assurance that we aim to add value and improve the organization’s operations. Services covered include:

• Outsourcing and common internal audit
• Establish internal audit function
• Operational efficiency assessment
• Compliance review
• Operational risk assessment
• Outsourcing policy and process development
• Fraud investigation

Whether you want to establish an internal audit function, meet or comply with Sarbanes-Oxley or government contracts, reduce fraud risk, or conduct a thorough assessment of your internal controls, you can rely on Gulf Tax Agents for a reliable and timely business solution.

We assist organizations in establishing an internal control structure, creating an internal audit function, or improving existing auditing functions and maintaining compliance. External auditors can rely very solely on our procedures to support statutory & process requirements.