Statutory and Private Audits
Stockholders, Government agencies, creditors, and private investors often need assurance that the financial statements accurately represent the true financial position of a company.
We are competent to act as statutory auditors to companies as required by the Companies and Allied Matters Act, CAP C20 LFN, 2004. The service to be provided involving the audit of the financial statements of the company includes:
- Independent examination of the Financial Statements and reporting on same.
- Providing Professional Advisory Services on audited Financial Statements
At SAPL – we give our people real responsibility, allowing them to put their ideas into practice and to truly make a difference for our clients and the public.
Business planning & strategy
During audit we also perform physical inspections by observing your inventory counting methods and perform test counts. We document and test each operating cycle, including sales and cash receipts, expenses and cash disbursements, and payroll. Our audit papers include a detailed work program to document the examinations and testing performed, as well as the client’s supporting work papers.
Your stockholders, creditors, or private investors have different levels of risk tolerance, so we provide three levels of assurance to meet your needs.
- Audit service
- Review service
- Compilation service.
3 Levels of Assurance
- Audit Service
- Review Service
- Compilation Service
Chart showing the 3 levels of assurance we provide.