Audit Services: As per ISAs (International Standards on Auditing)
PORTFOLIO has with our extensive experience in offering Auditing and Assurance Services in Bangladesh. The audit-related services are based on a complete understanding of clients’ business drivers as well as the environment of the same.
Truthfulness & fairness of financial information
Advice & review of controls
Procedures and assurance in business processes & systems
Here, our team makes use of global audit methodology, tools, documentation, approach, knowledge, and technology and are committed to delivering the highest professional ethics, standards, and integrity in the delivered service solutions.
- Assessing financial, operation, and compliance risk;
- Assessing significant risk;
- Special investigation & reporting;
- Find the internal control weakness;
- Fraud investigation;
- Evidence collection & reporting;
- Disclose related party transaction;
- Segregation of duties;
- Going concern issue;
- Internal audit;
- Risk management;
- Compliance audit;
- Management audit;
- Performance audit;
- Others (as per international standards on auditing);
If you wish to arrange a free initial meeting in order to discuss how we can help you with more details, please contact our team of PORTFOLIO Business Consultancy Firm Ltd.
In addition to the traditional internal audit, we also assist clients by monitoring:
PORTFOLIO has with our extensive experience in offering services for Internal Audit, Risk Management. Here, the main objective of Internal & Management Audits is towards the management who are provided with independent, management-oriented advice on –
Organization’s operations
Organization’s operations
Performance and financial services
Performance and financial services
The service aims at –
- Promoting efficiency, economy, and effectiveness of management processes
- Adding to the reliability and accuracy of operations
PORTFOLIO follows two approaches to perform the Internal & Management Audits. Our group of professionals is deputed in the client’s office for providing this service on a continuous basis for both pre and post-audit of the financial transaction and risk management.We also carry out this service on a job basis by deputing the HBD team. HBD has acquired expertise in specific internal audit assignments including procurement, marketing, treasury, tax & VAT, human resources management.
Compliance Audits
We conduct compliance and secretarial audits. It helps strengthen the Corporate Governance in an organization. Compliance audit assists the Audit Committee Board by providing the status of various management compliances.
PORTFOLIO also assists in evaluating the effectiveness of internal control and compliance mechanism within an organization.
System Audit
Audits are no more restricted to accounts related to tick and bash, which, in our case, has become a minor part of the overall gamut of activities covered. Process flows in an organization are mapped along with their internal controls etc. as part of an audit, other than checking into routine accounts, etc.
Benefits of Being Audited
- Determine adequacy of internal controls
- Promote best practices for controls
- Ensure compliance with policies and regulations
- Identify operational inefficiencies and waste
- Review IT projects, systems, and technology
- Provide objective insight
- Assess efficient and responsible use of resources
- Identify potential cost savings
- Assist management in addressing complex, cross-functional issues