Financial Audits
Your audit helps to assure compliance with
applicable reporting standards, but there are
other important by-products of the audit
process, such as the identification of internal
management issues and other key findings, that
can help you address both present and future
challenges.
We approach your audit with a deep and broad
understanding of your business, the industry in
which you operate, and the latest regulatory
standards. We consider the risks your company
faces, the way management controls these risks,
and the transparency of your company's reporting
to stakeholders.
Annual audit and assessment
We provide annual auditing and assessment
services of your accounts in close consultation
with you, our client. Our comprehensive audit
and assurance services are designed to deliver
real value and underpin confidence in your
company.
As an audit firm, we examine your financial
report - as presented in its annual report - as
an independent entity. The final report includes
a balance sheet, income statement, statement of
changes in equity, cash flow statement, and
notes comprising a summary of significant
accounting policies and other explanatory
points.
Internal audit services
An internal audit is more than simply an
assurance of accounts for management; it is
designed to create value for your business, too.
At an early stage in the auditing process, we
will talk to you about important topics from
your annual accounts in order to identify
potential points of interest, and will examine
issues that indirectly influence items in the
annual accounts. Based on this, we will give you
practical advice for improvement in your return
on investment.
An audit by Sulaiman & Co. is always based on
international standards, as well as the
requirements of Iraqi law. In addition, Sulaiman
& Co. has its own internal quality standards
that meet and exceed international standards on
quality control.