Our Services

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1-     Audit and Assurance

• Statutory Audit

An audit of statutory accounts provides assurance to the users of those accounts that they have been prepared in accordance with International Financial Reporting Standards (IFRS) and regulatory requirements. LAUREL WREATH will talk to management about their observations and findings during the audit to help the business improve its compliance and performance. Our professionals specialize in particular sectors and industries, to give a deeper understanding of the challenges that may be faced. Prior to commencing an audit, our audit teams will visit you to understand how your business operates, the risks it faces and how to work with you to complete an effective and high quality audit.

Our audit methodology has been developed by our partners who included in our audit computerized system. Of course we need to complete an audit in accordance with IFRS but our audit process is flexible, which enables our audit teams to modify their audit approach to better match the client needs and circumstances.

• Non statutory Audit

 

• Financial Statement Audits of Companies to which Statutory Audits are not applicable.
• Audit of Financial Statements prepared in accordance with Special Purpose Framework.
• Audits of Single Financial Statements and Specific Elements, Accounts or Items of a Financial Statement.

 

• Other assurance

Our assurance services do not end with audits of financial statements. Other forms of corporate reporting and disclosure gain credibility from independent external assurance. Using tried and tested methodologies; our firm provides many of other assurance services that are suited to your particular reporting needs, including:

• Service Organization Control Attestation
• Information systems and controls assurance
• Forensic audit and investigation
• Engagements in accordance with:

• International Financial Reporting Standards (IFRS) on Review Engagements
• International Financial Reporting Standards (IFRS) on Assurance Engagements
• International Financial Reporting  Standards (IFRS) on Related Services 

 

2- International Financial Reporting Standards (IFRS)

Is your understanding of IFRS fully joined up? We can guide you through the business implications of IFRS.

If your organization, internationally-active growing organization with plans to expand into overseas markets, you need precise, tailored advice on IFRS.

International expansion plans often involve cross-border acquisitions or joint ventures abroad, raising international debt finance, developing relationships with private equity houses or raising capital from the equity markets, whether at home or abroad. Such transactions are increasingly likely to call for a detailed understanding of IFRS.

 

In our firm we have experts in IFRS who have developed over a number of years an in-depth expertise in IFRS and their implications in local markets whose will support and guide your business through a range of potentially complex IFRS issues. 

Our IFRS services include:

• IFRS conversion projects
• Due diligence in an IFRS environment
• Valuations involved in business combinations and implementing the acquisition method
• Advice on structuring share option plans and other share-based payments
• Reconciliations between IFRS and other GAAPs (local GAAP)
• IFRS training and technical assistance
• Assistance in the preparation of IFRS accounting manuals and their implementation.

3) Internal Audit & Risk Services

Internal Audit and Risk Consulting Services deploys multidisciplinary teams of professionals experienced in financial and operational internal auditing, IT, fraud analytic and risk assessment, finance management, treasury and financial instruments.

It works to make internal audit functions, enterprise risk management programs, and risk and controls management more efficient and effective.

Major issues for business leaders include a range of complex matters, such as:

·         Internal Audit strategic sourcing.

·         Enterprise risk management.

·         Regulatory compliance

·         Contract compliance

·         Corporate governance

·         Continuous auditing/monitoring

The internal audit function, risk and controls management is often at the forefront in dealing with these matters. Their effectiveness and efficiency can have a major influence on corporate performance and business outcomes.

4) IT Advisory Services

An effective, well-managed IT system is one of the most valuable business advantages an organization can secure. The right technology, implemented properly, appropriately managed and monitored, can lead to significant gains in growth and efficiency. It is essential to get sound business advice to ensure technology risks are managed.

We work with clients to analyze business technology issues within their businesses. A client might approach us for assistance with:

a) Developing an appropriate IT strategy:

We work with clients to develop a clear IT strategy that fully supports their business objectives.

b) Sourcing:

We offer guidance on the most appropriate strategies for outsourcing or off shoring IT services, and ensure that effective controls are implemented

c) Cost optimization:

We work with clients to help identify the most effective ways to cut business costs.

d) Regulatory and compliance:

We are well placed to assist organizations with regulatory and compliance needs. We have a great deal of experience in identifying and controlling financial and operational risks embedded in business systems.

We focus on the business impact of technology rather than systems implementation, and we are not tied to any hardware or software suppliers. As a result, our advice is independent and geared to the specific needs of each client.

3) Training Courses

We held a training courses for our staff and our client in a regular times during the year to increase our staff and our client efficiency and to be sure that our staff and our clients are updated with all new information about accounting and IT.

4) Other Services

Financial advisory and consulting:-

Our team deliver value by providing independent advice to public, private and non-profit organizations. Our specialists combine insight and innovation from multiple disciplines with a wide range of business and industry knowledge.

Tax services:-

Managing our client’s tax strategy in the face of today's complex puzzle of rules and regulations that may drain your time, money and resources. Our tax specialists will complement your team and maintain your auditor’s independence with our compliance services and customized tax planning advice.

Accounting services:-

Accounting services professionals work with our clients to help them achieve compliance, advising on how they might organize their financial reporting processes and helping ensure that accounting operations match the objectives of the business.

Our accounting services practice works with our clients on a range of important matters possessing significant accounting ramifications, including:

·         Converting to International Financial Reporting Standards (IFRS)

·         Improving the speed and quality of financial reporting

·         Enhancing the financial reporting process chain

When extraordinary circumstances create a need for temporary assistance, e.g. during M&A activity or restructuring, we are able to co-source scarce accounting and financial reporting resources.

Profitability Study:-

We can perform a profit improvement review to identify and address high priority opportunities and provide assistance in monitoring, analyzing, managing costs, controlling purchasing and inventory levels.

 

5) Legal Services