As part of our services, we provide a wide range of professional services to support and ensure your business processes function effectively and efficiently. Our Internal Audit solutions include an assessment of key aspects of your business so that you can identify areas for improvement, and optimization.
With the insight and information collected or gathered during the audit, you can embark on an improvement journey that will help in performance management. Our experienced team of qualified professionals perform internal audit and internal control engagements in accordance with the highest standards governing our profession.
We are committed in providing systematic and disciplined internal audit solutions to our clients around the world. Our experienced qualified professionals perform Internal Audit & internal Control engagements in accordance with the highest standards governing our profession.
During such an engagement our team offer insightful counsel and collaborate with you to achieve your organizational goals. We can also be engaged in conducting compliance & statutory audits reviews through our Audit Partners and firms.
Assistance with IFRS 15, IFRS 9 and IFRS 16
The International Accounting Standards Board – IASB has implemented some new accounting standards which are compulsory for accounting periods beginning on or after 1 January 2018. These include new standards on revenue recognition – (IFRS 15: Revenue from Contracts with Customers and the new standard on recognition and measurement of financial instruments ) and the new standard on recognition and measurement of financial instruments (IFRS 9: Financial Instruments). The New standard on leases – (IFRS 16: Leases) will be mandatory for periods beginning on or after 1 January 2019.
The new standards could have a significant impact on financial statements. They require the management of an entity to apply complex judgement and could involve significant modification to the way in which accounting data is reviewed.
Ashford Management Consultants can assist you by providing training on the new standards and assisting in understanding the provisions of the standards as applicable to your organization