Assurance, Audit, and Accounting

Audit & Assurance Services:

Audit is a mainstay service of every professional accounting services firm. However, in today’s climate a single local perspective is not enough. For organizations embarking or participating in cross-border activities, Moores Rowland’s member firms provide clients and critical stakeholders with assurance that annual audit and financial reporting requirements are both compliant and fairly presented, in each and every country.

For a seamless service, your appointed firm and partner will continue to manage and oversee the entire audit process, collaborating with other Moores Rowland member firms and specialists to gain deeper, objective insight and broader technical expertise. For a fuss-free way to enhance value, boost investor confidence and address specific international financial reporting challenges, ask a Moores Rowland firm. 

Moores Rowland Audit services, provided by our members, are branded as an added value audit. Our work helps the clients improve the quality of the financial statements which enable to identify risk areas and ensure businesses viability all through an excellent audit program conducted with utmost efficiency.

Ensuring that you have effective financial systems and controls in place to meet your business and compliance requirements is critical to your success. Your shareholders, investors and customers need to feel secure in the knowledge that your business is not at risk.

All Moores Rowland member firms use Moores Rowland name and draw on the resources and methodologies of the Moores Rowland network. In return, member firms are required to comply with pronounced and obligatory policies and standards of Moores Rowland network.

When we look at the global view, we recognize that there are lots of growing active enterprises. And growing along with them is the complexity of the business arena. We also recognize that those enterprises are in need of services that can support their performance and ensure their perpetuation especially in times of dire need for regulatory and statutory compliance. We are those advisors whom those enterprises turn to for appropriate experience and to meet their specific needs.

Moores Rowland members worldwide concentrate on meeting clients’ needs in a robust, reliable and independent manner.

As a leading international network, Moores Rowland is at the forefront of providing Audit and related accounting services to our clients.

Moores Rowland’s brand promise is that you will be appointed a partner to your audit portfolio that can closely monitor, manage, and oversee your entire audit process. Our promise is also to provide you with more facetime access and greater collaboration with our team, specialists, and partners.

Our global audit practice has been able to successfully assist in providing critical information to investors, creditors, and other counterparties to make well-informed decisions about business and enterprises across the globe.

Our audit and assurance practice encompasses various services such as:

• Financial statement audits and reviews; External audit and accounting services; Other assurance services
• Attestation services;
• Forensic and Fraud Investigations; Cyber-attacks on financial institutions; Data and Cyber Security; Risk assessment in practice (COSO)

Financial statement audits and reviews:

Whether your framework is IFRS or any local accounting framework our teams strive to provide you with a seamlessly smooth audit of your financials and provide the peace of mind to your investors, creditors, and management. By integrating our core audit software and coupled with cutting-edge data analytics tools, Moores Rowland can gives additional value to local and international enterprises.

External audit services:

Our knowledge in several industries including financial institutions, oil and gas industry, public sector services as well as international organizations, represents, on a consolidated basis, our historical services, efforts, talents, locations, and clients. We pride ourselves to be in a leadership position by way of having firsthand insights and knowledge of the banking and financial institutions, energy markets and geopolitical assessments. By providing assurance or audit services directly for these industries or for supporting industries, we have obtained the sufficient knowledge and developed from auditing these enterprises leading practices within the industry.

A targeted approach: Keeping efficiency at heart, we have developed a very efficient and effective methodology favorable to the financial sector and energy market players. Our methods require us to be driven with the goal of identifying and tackling head on, those areas where we believe we have identified a high risk of material misstatement.

Agility and mobility: Although we are not dominant in the financial sector, the oil and gas sector as well as the government and public sector, however, talents, knowledge and values have allowed us to invest and develop stronger networks across these industries and territories. The organizational size and local presence within their territories provides us with seamless opportunities and ease of movement of our resources that best fit our clients.

Trading commodities emphasis: Our experience in commodity trading is summarized by providing assurance services to several regional and international enterprises, our professionals have a deep understanding and experience with which our trading industry client operate in as well as the most recent challenges player in the industry face. Further, our knowledge enables us to know those key risks which face our trading client organizations.

Complex Assurance services:

Active enterprises growing internationally have complex needs to support the performance, continuity, reporting and compliance of their business and financial affairs. They need advisers who have the appropriate experience and capability to meet their needs.

Moores Rowland members worldwide are focused on robust, dependable and independent services to meet clients’ assurance needs. Our members can provide needs to all types of businesses enterprises, entrepreneurs and individuals. Also, we provide services to publicly listed and publicly interest corporations

Other assurance services:

Other assurance services related to the financial industry, energy industry and public sector, include statutory audits, and other regulatory compliance when applicable, Process and controls assessments, IT assurance (ITRA), outsourced processes and controls, performance measurement.

Moores Rowland teams and professionals over the course of their audit, examine processes and outcomes of risks assessments not directly related to finance in an effort to check whether or not business non-financial risks were appropriately addressed in adherence to the business goals. The internal monitoring mechanism is typically reviewed and tested for management information and reporting adequacy. Our professionals also strive to provide formal and informal advice for areas of improvement with the cost-benefit principle at heart.

Assurance services also include:

• Statutory audit and Statutory audit reporting
• Non-statutory audit, Special purpose, voluntary and non-statutory audit reporting
• Financial reporting, systems and controls
• Assurance engagement
• Business risk services; Internal controls reporting, business risk management & internal audit
• Regulatory compliance
• Transaction & due diligence support, and limited scope reviews
• International accounting standards, financial reporting and financial statement compilation
• International financial reporting standards (IFRS)

Accounting:

Moores Rowland services comprises on attracting, registering accounting processing in general, as well as preparation of Financial Statements and manage contributions that our clients have to fulfill. Also it includes the processing and calculation of payrolls and arrangements before federal and local agencies. Usually, companies that are in development or during their preoperative or starting stage require this service.

Accounting services assure that our clients are in compliance with requirements of applicable laws, financial reporting standards, regulations, rules, contracts, or grants. The most common accounting services provided by Moores Rowland member firms include:

Client accounting Service:

Accounting profession is continuously developing, and services are being valued by the added value knowledge they provide whether on the project in hand or in prospecting the future, that is why professionals at Moores Rowland are proactive and foresee beyond the audit and tax framework.

Over the years of experience Moores Rowland member firms accumulated enough experience to become well established business advisory practices providing balanced professional specialism with deep industry knowledge.

Please find herewith few coordinated assignments conducted by several Moores Rowland member firms to satisfy our international clients.

Our experts also take the lead in providing research papers on several topics that are related to the profession.

Accounting support and outsourced services:

A range of services designed to provide timely preparation of company accounts, whether it is at the financial year end or on a monthly basis. Services include but are not limited to general ledger and financial statement preparation, accounting system design and implementation, cash management & forecasting, fixed assets depreciation & asset tracking.

International accounting needs:

Moores Rowland member firms are able to provide a wide range of accounting needs, whether a client is looking to trade outside their local market for the first time or they already have a successful international business.

Dealing with accounting issues can be frustrating enough in a client’s country of origin; however, a lack of local knowledge could prove to be a real headache outside of their domestic market. Moores Rowland member firms can help by providing the day-to-day accountancy services that will make clients’ international business run smoothly. Accounting services include: 

• Accounts outsourcing
• Book-keeping
• Budgeting and forecasts
• Company secretarial services
• Financial reviews
• Management accounts
• Payroll
• Reporting on accounting systems and internal controls
• Tax returns

Accounting functions and quality control improvement:

Accounting functions are related to all aspects of business activities where all business activities must be linked to an accounting quality control. Accounting functions have a major impact on the success of business. Financial management has to monitor quality standards compliance to ensure accuracy of accounts.

Complex Accounting services:

Active Enterprises growing internationally have complex needs to support the performance, continuity, reporting and compliance of their business and financial affairs. They need advisers who have the appropriate experience and capability to meet their needs.

Moores Rowland members worldwide are focused on robust, dependable and independent services to meet clients’ accounting needs. Our members can meet needs of all types of Enterprises, entrepreneurs and individuals, and also for publicly listed and public interest entities.

Other accounting services include:

• Support in limited scope assignments;
• Preparation of financial statements in accordance with IFRS;
• Preparation of financial statements in accordance with local GAAP and/ or the European accounting standards.
• Accounting support and outsourced accounting services

Outsourcing services:

Moores Rowland may assist its clients with services that allow them have complete internal accounting functions for their corporations.

Other General accounting services:

Our accounting member firms can guide their clients through the often complex financial, operational and compliance decisions they need to make. We have the skills and experience to provide the necessary reassurance that stakeholders need.

In addition to core accountancy services, our members also provide assistance in a number of niche practice areas such as employee benefit plan accounts, forensic accounting, investigation and IFRS reporting. As full-service accounting firms, we offer depth of expertise across a wide range of business sectors.

Internal Audit services

Internal auditing is an objective assurance and consulting activity designed to add value & improve an organization’s operations. It can help an organization by bringing a systematic, disciplined approach to evaluating & improving the effectiveness of risk management, control, governance processes.

Looking at the global view, we recognize that there are lots of growing active enterprises. Based on that, the more they grow the more the complexity grows along in the business arena. We also recognize that those enterprises are in need of services that can support their performance and ensure their perpetuation especially in times of terrible need for regulatory and statutory compliance. We are those advisors whom those enterprises turn to for appropriate experience to meet their specific needs.

Moores Rowland members worldwide concentrate on meeting clients’ needs in a robust, reliable and independent manner.

As a leading international network, Moores Rowland is at the forefront of providing internal Audit and related services to our clients.

Our brand promise is to assure that our clients get an appointed partner to the portfolio that may closely monitor, manage, and oversee the entire process. Our promise is also to provide more facetime access and greater collaboration with our clients’ teams, specialists, and executives.

Our global practice has been able to successfully assist in providing critical information to investors, creditors, and other counterparties to make well-informed decisions about business and enterprises across the globe.

Attestation services:

Moores Rowland provides this service in the case a formal statement is needed to be conveyed after a thorough examination and consideration for the client, and so it includes whether the clients’ entity’s’ financial statements represent fairly the financial position and the operating results and any other matter under scrutiny. These services provide an objective evaluation to aid financial statement users.

If one of the member firms is providing cloud computing services, or outsourcing services, or whether other organizations is relying on one of our members for controls, then an attestation is mostly needed to be issued to reflect the actual situation.

Increased outsourced technology tools and services have become a cornerstone of an efficient business organization. Although processes are being outsourced, yet the risk is not. Moores Rowland believes that organizations will be in search of increased assurance levels at service organizations’ control environments as we evidence an expansionary phase in outsourced services during the next decade.

The attest service practice at Moores Rowland provides service providers across the globe a quality endorsement. Those attest services demonstrate our client’s control environment integrity and satisfy third party risk and assurance requirements. Internal controls reports in connection with those attest service is prepared by a globally accredited professional team which reports are in turn used by organization’s internal control over financial reporting function.

Moores Rowland clients typically experience better confidence in their market as a result of increased transparency of our attest services and reports. Moores Rowland clients normally typically experience a reduction in business interruption, a more robust and effective internal control environment, as well as increased efficiency in audits and compliance activities.