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All companies in compliance with the provision of section 357 of the Companies and Allied Matters Act (CAMA) 1990 and Section 401 of CAMA 2020 are required to appoint an Auditor at Annual General Meetings (AGM) to audit the Financial Statements of the Company. It is also imperative for private limited liability companies to file a copy of their latest approved Audited Financial statements at the end of the financial year according to the Companies Act, 2008 or regulation 28.
The objective of a financial statements audit is to enable the auditor to express an opinion on whether the financial statements are prepared, in all material respects, in accordance with an applicable financial reporting framework. Auditing is also a means of evaluating the effectiveness of a company’s internal control system. An effective system of internal control system is vital for archiving an organization’s objectives, obtaining reliable financial reporting on its operations preventing fraud and misappropriation of its assets, and minimizing its cost of capital.
ATACOFF Services LLP provides independent statutory audit services by adopting audit methodologies and processes that demonstrate the highest degree of skill, care, and diligence required of Auditors.
Our Audit Approach
