• Compliance with IFRS
• Legal framework cast in stone
• Credible and more reliable accounts
• Maintaining transparency
• Excellence in financial reporting systems
• Armed with keen, intelligent professionals with right attitude
TGS Koya Chartered Accountants renders external audit services to all business entities, but particularly to those that require submission of the audit reports in compliance with the regulations prescribed by the regulatory authority, under which they are formed as well as in the management perspective.
Our external audit complies with International Standards on Auditing (ISA) and financial reporting adheres to International Financial Reporting Standards (IFRS). We rely on substantive testing procedures and adopt latest audit techniques to ensure that accounts are reflective of the best business practices.
The audit reports exhibits transparency, based on principles of independence and integrity and the financial reporting always follows the principle of substance over form.
Our audit report and financial reporting reflects our unique reporting styles which speak of independent, impartial and fair treatment with no prejudice to our client’s business interest.
Our dedicated team of talented professionals, own varied experience, which has equipped them to handle complex issues affecting businesses with out-of-the box solution, with great aplomb. All these are done timely, respecting service commitments with our client.
From inception we have been part of the panel of auditors at Jebel Ali Free Zone, Dubai Multi Commodities Centre, Dubai Airport Free Zone, Sharjah Airport International Free Zone, Hamriyah Free Zone, Ras Al Khaimah Free Trade Zone and all other major Free Zones in UAE.
• Study and Evaluation of Systems
• Evaluation of Business Process
• Development of Operation Manuals
• Risk Assessment Audits
• Concurrent Audit
• Fraud Investigation
• Certificate on Legal Compliance
• Client specific services
The primary focus is reviewing existing internal controls and procedures through compliance testing methods and evaluating its effectiveness. Suggestions for improvisations are offered by through value added services and cost effective improvement techniques that help to increase the efficiency and achieve greater commercial gains.
We undertake business process evaluation for clients, to help them redefine their business processes, so that human efforts are channelized in the right direction to achieve the ultimate objectives.
A comprehensive, client-specific manual on systems and procedures developed across all business functions within the organisation, is part of job-lists.
Risk assessment audits identify the potential risks in the areas of finance, operations, human resources and even in management decision-making. The audit targets at mitigating risk where we recommend the highly effective risk assessment programs, controls and risk assessment processes to our client.
Concurrent audits are done to ensure accuracy and reliability of financial transactions and compliance with predefined policies and procedures. We also perform routine transaction audit services in the owner’s interest to ensure proper maintenance of accounts.
We have handled specific assignments, many kinds of certifications which are tailor made to the clients’ requirements. They include special investigations conducted on mandates from business owners to probe into a perpetuated fraud within the organisation or misuse of funds or to deface the prevalent fraudulent practices within an organisation.
• Supervision of Accounting
• Finalisation of Books of Account
• Setting up Accounting Systems, Procedures and Controls
• Providing Utility Oriented Management Information System
• Clean Up Services for Streamlining Messy Accounts
• Compliance with International Accounting Standards
TGS Koya Chartered Accountants gives a comprehensive range of accounting and book keeping services, at minimum cost, through our experienced and qualified team of accountants, adept at handling various international accounting packages. Our team possesses in-depth accounting and software knowledge to provide excellent, accurate, speedy accounting services to clients.
Supervision of accounting is offered as a service for clients seeking accuracy and reliability in their company accounts. An important area we work for with some small and medium business outfits are rendering monthly accounting services and/or maintain books of account. This service gives businesses a sense of assurance that transparency is maintained.
We have designed special MIS formats that enable giving periodic management reporting services. These MIS formats enhance profitability and create strong growth possibilities for our clients’ businesses.
We render support services like setting up accounting systems, procedures and controls, cleaning up messy accounts and finalisation of books of account. Our accounting and book keeping solutions result in minimising clients’ operating costs while improving business efficiencies.
All the accounting done is in full compliance to Generally Accepted Accounting Principles (GAAP) and International Accounting Standards (IAS).
COMPANY FORMATION SERVICES
• Free zone companies
• Offshore companies
• Branch of foreign companies
• Limited liability companies
• Liquidation Services
BUSINESS ADVISORY SERVICES
• Business Plan
• Feasibility Study
• Project Reports
• Business Valuation
• Due diligence report
• Business advisory services
• Profitability analysis
• Provisional financials