Audit & Assurance

Auditing and Assurance Services

At BPSL, we provide comprehensive Audit & Assurance services to enhance financial transparency, ensure regulatory compliance, and strengthen business credibility. Our expertise includes Statutory Audit Assistance, Internal Audit, Risk Assessment and Compliance Reviews, helping businesses identify financial risks, improve internal controls, and maintain stakeholder confidence with accurate, reliable, and compliant financial reporting.

Types of audit and assurance services:

Internal Audit:

Risk Assessment & Mitigation Strategies – Identify financial, operational, and compliance risks, implementing strategies to mitigate potential threats.
Internal Control Review & Optimization – Evaluate and enhance internal control systems to prevent errors, fraud, and inefficiencies.
Process Improvement Recommendations – Optimize financial and operational processes to improve efficiency, accuracy, and compliance.
Fraud Detection & Prevention – Identify vulnerabilities, assess fraud risks, and implement preventive measures to safeguard assets.
IT System Audits – Assess IT security, data integrity, and system efficiency to ensure alignment with business goals.
Ensure Regulatory Compliance – Maintain adherence to financial regulations, tax laws, and corporate governance requirements.

External Audit & Statutory Compliance:

External Audit Assistance – Provide audit readiness support, ensuring smooth collaboration with external auditors
Statutory Financial Audits – Conduct audits as per local and international regulations, ensuring accurate financial reporting.
Compliance with IFRS/GAAP Standards – Ensure financial statements comply with International Financial Reporting Standards (IFRS) and Generally Accepted Accounting Principles (GAAP).
Independent Financial Statement Verification – Offer unbiased verification of financial statements to enhance credibility with investors and stakeholders.
Regulatory Compliance Audits – Evaluate adherence to industry-specific financial regulations and reporting standards.

Due Diligence & Forensic Audits:

Assurance Services:

Financial Reporting Accuracy & Reliability – Verify the accuracy of financial reports, ensuring transparency and reliability.
Fair Value Assessments – Assess asset and business valuations for financial reporting and decision-making.
ESG & Sustainability Assurance – Evaluate and certify environmental, social, and governance (ESG) compliance for sustainable business practices
Third-Party Audit Verification – Provide independent verification of financial reports for investors, regulators, and stakeholders.

Business Valuation:

Valuation for Mergers & Acquisitions (M&A) – Determine fair market value for businesses involved in M&A transactions.
Business Restructuring & Exit Strategy Valuation – Assess financial worth for business restructuring, divestments, or liquidation.
Shareholder Dispute Valuation – Provide objective valuation reports to resolve ownership and equity disputes.
Startup & SME Business Valuation – Help small businesses and startups understand their worth for funding, partnerships, and growth planning.

Asset Valuation:

Tangible Assets – Evaluate real estate, machinery, equipment, and other fixed assets for accurate financial reporting.
Intangible Assets – Assess the value of brands, goodwill, patents, trademarks, and copyrights to support business decisions.
Intellectual Property (IP) Valuation – Determine the worth of patents, proprietary technology, and creative assets.
Private Equity & Venture Capital Valuation – Assess investment portfolios to determine fair market value for investors and fund managers.
Investment Fund Valuation – Evaluate hedge funds, mutual funds, and private investment funds to ensure accurate financial reporting.
Securities & Derivative Valuation – Analyze stocks, bonds, options, and derivatives for investment strategy and risk management.