How we can help?
Woodhask is committed to providing high quality audits of financial statements to clients by designing tailored audit programs uniquely customized for the entity. We leverage on our collective skills and experienced audit professional to deliver audits that are efficient and provide assurance to the key stakeholders.
We go deep to unlock insight and have the courage to act. We bring the right people together to challenge established thinking and drive transformation. We work with our clients to build the capabilities that enable organizations to achieve sustainable advantage.
Our commitment to integrity, serving the public interest, and delivering high quality assurance over the areas that matter most is at the core of everything we do.
How we ensure quality
Audit Quality
Client acceptance and continuance process: we have internally established processes to ensure that we only accept high quality clients
Quality control review
internally different Partners review work of fellow Partners so as to ensure Audit Quality
Regulatory review
On a regular basis the institute of certified Public accountants reviews audits
Continued professional development
we internally carry out trainings in respect to International Financial Reporting Standards (IFRS) and International Standards on Audit (ISAs). Senior members of the firm also attend CPDs organized by the Institute of Certified Public Accountants (ICPA (U)).
Financial Reporting Standards (IFRS) not only ensure uniformity, compliance and transparency of financial information of entities, but also gives competitiveness and opportunity for SMEs to expand.
Financial statement audit For stakeholders, investors and fund providers of your Company it's critical that you have an independent audit opinion with an aim of enhancing credibility of your financial statements
Our major services include
The need for companies’ financial statements to be audited by an independent external auditor has been a cornerstone of confidence in the world’s financial systems.
The benefit of an audit is that it provides assurance that management has presented a ‘true and fair’ view of a company’s financial performance and position. An audit underpins the trust and obligation of stewardship between those who manage a company and those who own it or otherwise have a need for a ‘true and fair’ view, the stakeholders.
A top-down, risk-based approach is based on the premise that not all accounts, transactions, and risks are equally important.
This approach focuses control resources on the areas identified as being of greater risk because of their relative quantitative significance and other related concerns, including the nature of the business; the inherent riskiness of transactions, processes, controls, and technologies; and the effectiveness of the organization's human resources.
Agreed Upon Procedures (AUP) is a type of engagement in which an independent auditor performs specific procedures agreed upon with the client. These procedures are designed to meet the client’s particular needs and are tailored to address specific areas of concern.
Our mission is to provide top quality technical expertise and manpower in support of interventions by International Lending Agencies, international donor agencies and local and international project implementing entities to realize social, economic and political development in our country.
An attestation report is a document that summarizes the results of an audit or testing procedure performed by an independent CPA or audit body.
Attestation reports are often used with financial statements to provide stakeholders with more assurance about the accuracy of the information.