Audit and Assurances

Economic uncertainties and a complex array of regulation make it more important that you chose the right accounting firm to help you in achieving your business and reporting objectives.

Accountants on Air can help you in meeting these challenges and providing the needed pellucidity to users of your financial reports by offering the following services:

• Evaluation of internal controls
• Cash flow forecasts and projections
• Profit planning and budgeting
• Special purpose reporting
• Employee benefit plan audits
• IFRS requirements

Our highly trained engagement teams bring together a wide range of industry expertise and understanding to service your needs. All engagements are directed by a partner who will bring together the Firm’s resources and technology to meet your needs and expectations.

Audit may not be necessary, Our Professionals can assist you by performing a review of your financial statements and providing a limited form of assurance as to whether any material modifications should be made to those financial statements for them to be presented in accordance with Generally Accepted Accounting Principles (G.A.A.P.) or another comprehensive basis of accounting. Based on our knowledge and understanding of your business and industry, we perform inquiry and analytical procedures to obtain a reasonable basis to express such limited assurance.

A review differs significantly from an audit, in which the auditor provides reasonable assurance that the financial statements, taken as a whole, are free of material misstatement. A review does not contemplate obtaining an understanding of the entity’s internal control, assessing fraud risk, tests of accounting records, and other procedures ordinarily performed in an audit.

Our auditors all over the world use the same audit platform and software, and customize our services specifically to clients’ needs. This approach allows us to provide global companies with real-time updates, whenever – and wherever – they’re needed.

• Financial statement audits
• Global statutory audits
• Agreed upon procedures
• International Financial Reporting Standards

Accountants on Air can also assist you by compiling your information in the form of financial statements. We then prepare financial statements without undertaking to offer any assurance on them. In addition, we are also available to assist you in the preparation of management-only financial statements designed exclusively for internal use.

Whether you are buying or selling a business, it’s critically important to know a company’s true value. Our valuation expertise and knowledge of latest valuation techniques along with our strategic alliance with a nationally recognized independent third party valuation firm allows us to deliver a full range of cost-effective business valuation products.

Our Services include:

• Tax and Advisory
• Complex Financial Instruments
• Estate and Gift Tax
• Fair Value Reporting
• M&A Valuations
• Valuation Disputes
• Portfolio Valuation

Accountants on Air is committed to continuously identifying and implementing innovative approaches and tools to help deliver and enhance a quality Services through using the latest valuation techniques.

An meticulous audit helps the business to create value and alleviate risk. Financial Statement Audits have become increasingly common as the complexity of the two primary accounting frameworks, Generally Accepted Accounting Principles and International Financial Reporting Standards, have increased, and because there have been an ongoing series of disclosures of fraudulent reporting by major companies.

Accountants on Air’s Audit & Assurance practice offers the specialized audit expertise needed to provide this level of confidence and help identify and address current challenges, positioning them for tomorrow’s opportunities. We work with enterprises of all sizes, across all industries, and inclusive of all business structures – public companies as well as private or closely-held companies. We provide these outstanding quality services as extremely competitive rates

We affirm essential facts and provide extensive insight and analysis relating to financial fraud, its detection and prevention. We also bear a high level of technical prowess to our forensic work, applying a comprehensive understanding of statutory and common law and rules of evidence throughout our investigation, opinions and testimony.

Fraud, Forensic and Investigative Services include:

• Conducting internal investigations
• Dispute Services
• Reconstructing events from incomplete/corrupted data
• Pursuing funds and assets
• Developing anti-fraud controls and integrity programs

Our dedicated team has extensive experience in providing the Fraud & Forensic Investigation services across a spectrum of industries and professions, including Managing insider threat, fraud and compliance in the telecommunications sector, and Transparency International Corruption Perception.