AUDIT

At Arqam, we understand that our clients want more than just numbers from an audit. We view ourselves as business advisors who will answer questions and be a responsive resource throughout the year, not just during the audit period. We approach an audit as a mutually beneficial process that achieves client business goals by setting the tone for ethical business conduct and providing objective guidance on the effectiveness of business activities. We, of course, audit to full compliance with all applicable auditing standards, and use the latest technology for everything from sample selection to storage of working papers.

Comprehensive Financial Audit Capabilities

Our audits are value-driven rather than requirement-driven. Arqam’s business services for public and private company clients of all sizes are comprehensive, and include:

  • Audit, review and compilation of financial statements
  • Internal control evaluations and risk assessments
  • Internal audit assistance
  • Due diligence support for mergers, acquisitions and other transactions
  • Process audits of information technology and data security
  • Agreed-upon procedures
  • Financial advisory services
  • Financial accounting and reporting resources

Management Focused Advisory Approach

Our personnel have experience in global and national accounting firms, team including experienced Chartered Accountants, and several of our professionals have spent time in industry with public companies. With such diverse experience, clients can expect that we will hit the ground running, and quickly develop a customized approach that works. Because each audit team includes a partner, we work directly with the senior management of our clients – CEOs, CFOs, and controllers, to fully understand their expectations, deadlines and concerns. After concluding an audit, we not only inform top management of all significant concerns uncovered, we make recommendations on reporting and internal controls that would benefit client operations. Our executive review is conducted while the field work phase of the audit is still taking place, to ensure efficiency, timely reporting and time to address remedial action.

Compliance that Meets the Industry’s Highest Standards

ARQAM is registered with and licensed by Ministry of Commerce and Industry. Most of our employees are also part of professional regulatory bodies. We always strive to identify and work on areas where our processes and quality controls can be improved.
Our team has significant audit experience and provides informed, experienced guidance on regulatory disclosure for initial public stock and debt offerings, follow-on stock offerings, acquisitions, dispositions and recurring CMA compliance filings. With our broad international experience, we fully understand the application of International Financial Reporting Standards (IFRS).