Senior corporate financial advisors reviewing audited financial statements in a sunlit Colombo conference room, professional daylight
Senior corporate financial advisors reviewing audited financial statements in a sunlit Colombo conference room, professional daylight

Audit & Assurance

Independent external audits and strategic internal control evaluations grounded in Sri Lankan statutory and financial reporting standards.

External Audit

This is the year end audit of the company. Both internal (Shareholders, Directors, Top Level Management) and external (Department of Inland Revenue, BOI, Bankers) stakeholders require audited Financial Statements for decision making and regulatory compliance.

Material Accuracy

Statutory Standards

SLAUs Audit Opinion

Obtaining reasonable assurance on whether the Financial Statements presented by the company are free from material misstatements.

Checking whether Financial Statements comply with Sri Lankan Accounting Standards and the Companies Act No. 07 of 2007.

Expressing our formal audit opinion on the Financial Statements and reporting findings as required by Sri Lanka Auditing Standards.

Corporate secretarial and audit team examining internal management reports at a glass desk in modern Colombo office
Corporate secretarial and audit team examining internal management reports at a glass desk in modern Colombo office

Internal Audit

Internal audit, as a service to the organization, contributes to internal control by examining, evaluating, and reporting to management on the adequacy and effectiveness of the financial system. Activities are initiated to strengthen the client's internal controls.

The objective of internal auditing is to assist management on the most economical, efficient, and effective use of resources, thereby maximizing return on the organization's outlay.