External Audit
Our audits meet quality control standards and regulatory requirements, offering reasonable assurance. By implementing modern audit techniques, we ensure that audits are future-focused and beneficial, not just based on historical data.
Our audit starts with understanding the organization’s business, reviewing internal control systems and the control environment, and performing audit procedures.
At the end, we provide a detailed management letter highlighting key control weaknesses and serves as an advisory tool, prompting management to implement corrective measures as suggested.
Internal Audit
With significant developments in laws and regulations regarding organizational risk management and reporting, the importance of internal audit functions has greatly increased. Due to its value and effectiveness, many organizations not legally required to establish an internal audit function are choosing to do so. We support organizations in establishing their internal audit function by providing comprehensive assistance in developing internal audit charters, manuals, and human resource training.
We assesse and evaluate the risk management system of organizations, helping them in improving internal controls. We performs internal control activities to analyzes operations and advise appropriate actions to the management.
We take your burden by offering complete outsourcing of internal audit function, where our staff take the responsibility for each stage from planning to final reporting and presentation to audit committee.
We provide customised services which prioritise your needs and conduct audit of a particular category or class of transactions, assets or liabilities etc. We have exclusive experience of conducting independent quality assurance reviews of internal audit departments.
Special Audit
We perform special audits for regulatory compliances or special conditions as given in the statute. These audits are performed at the request of a regulatory body, other contracting entities or at a request of the organization as a control activity.
Due to UCO’s independence and objectivity, the reports are confidently relied upon in the process of decision making and future planning. Project audits or grant audits are performed to assess compliance with grant agreement in non-profit sector and independent audit reports are delivered to the donor agency.
Our special audit services assess the organizational readinesswith the International Financial Reporting Standards (IFRS). We recommend implementation of quality standards in the most simplified manner for meeting the financial reporting objectives of the organization.
Why Choose UCO for Audit Services
We maintain your regular connectivity with our staff
We facilitate in selection of right resources matching your needs
We provide comprehensive training system at each level
Prompt supervison of staff is done by our qualified resources
We comply with international data privacy standards
We use state of the art equipment to perform our services
We replace trained staff immediately
Our Strength
ICAP Quality rating depicts that UCO is an approved firm under ICAP’s QCR Program which is a key part of the Institute’s regulatory framework, established to develop and maintain compliance of professional standards amongst the firms engaged in the audit of limited companies particularly listed entities.
