Statutory as the name is, this is an assignment that required by statute. We undertake all statutory audits for companies compelled to as is a legal requirement to review the accuracy and reliability of financial statements and financial records. This is however not an inherent sign of wrongdoing but an assurance to give confidence on reliability on the financials to the stake holders.

At the mention of Forensic audit, this may send chills to the audience, the reality is slightly mundane. This a process of analyzing an individual or company’s financial statement to ascertain that they are lawful and accurate. This is an assignment that we as CAC Limited undertake for companies and as required by the courts of law. This is an assignment that is undertaken whenever the finances of an entity present a legal concern i.e. in case of suspected fraud, bribery allegations, embezzlement or in determination of tax liability.

In such an assignment, we keep track of actual and fraudulent balance sheets as we seek to pinpoint in the inaccuracies in the detailed report of the income statement and determine the reasons for it.

We offer internal audit services at CAC Limited. Internal audit is an independent consulting and objective assurance that is aimed at adding value to make the operations of an organization efficient. It also aids an entity in accomplishing its objective by introducing a systematic approach in improving the effectiveness of risk management.

We also offer recommendations upon evaluation on how to better the internal controls for the management.

CAC limited undertakes external audit assignments. We undertake independent review of company books of accounts to give assurance on the accurate representation of the company position. We also give a true and fair view of the company to the shareholders and the stakeholders who have delegated the management of their investment to other parties(employees). Our assurance gives confidence even to third parties on the financial position of the company as they rely on our word.

We also offer recommendations upon evaluation on how to better the internal controls for the management.