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Audits

Our auditing services are designed to increase business efficiency by assessing risk and evaluating control systems and procedures. Drawing on our experience and specialised understanding, we are able to gain a holistic and unique insight into industry best practices and benchmarks. By partnering with BVA your business will stay abreast of legislative changes and be able to maximise your business potential. We add value and a desired level of assurance so that your business can grow.

An audit is required in circumstances where it is required by the MOI or per the specific requirements as set out in the companies act. An audit is an independent opinion given by a Registered Auditor, in terms of International Auditing Standards. Auditors are regulated by the IRBA (Independent Regulatory Board for Auditors). The IRBA requires auditors to apply the highest professional standards and ethics, as required of the profession.

Benefits of a voluntary audit

  • The audit process can add credibility to the Financial Statements and provide businesses with assurance on the fair presentation and adherence to the International Financial Reporting Standards

  • The audit process can uncover errors in the accounting system that would impact on the ability to make the best business decisions

  • The audit process will provide a level of comfort that the company has met its legal and tax obligations

  • The Auditor’s Report provides the reassurance investors require before risking their capital and, in many instances, is a requirement before funding can be obtained

  • The audit process includes a detailed risk assessment and an evaluation of the internal control environment. Shortcomings in this environment can be identified, reported and amended accordingly

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