Audit & Assurance
Audit & Assurance
Recently, Cambodia’s company and government is being required to have a clear accounting based on financial information. Sm accounting firm’s specialize manpower is supporting successful management based on the highest level of knowledge and experience in this field by providing per-diagnosis and solution for each problem.
Financial Audit
A financial audit involves an independent review of a company's financial statements and records to verify their accuracy and adherence to accounting rules and regulations. Our auditors examine financial reports, internal controls, and transactions to confirm the reliability of the financial information provided. The outcome is typically an audit report that evaluates the fairness and accuracy of the financial statements.
Compliance Audit
A compliance audit evaluates whether an organization adheres to regulatory requirements, laws, policies, and contractual obligations. It ensures that the organization follows specific rules and guidelines set by external authorities or internal policies. The goal is to confirm that operations are conducted within legal and regulatory frameworks and to identify any areas where compliance may be lacking.
Liquidation Audit
A liquidation audit is a review conducted to determine the accuracy and thoroughness of a business or entity's liquidation process. This audit verifies the proper execution of the liquidation procedure, accurate valuation and distribution of assets, and the settlement of all liabilities and obligations in accordance with legal and financial standards. Transparency and adherence to regulations are crucial to safeguarding the interests of creditors, shareholders, and stakeholders during the liquidation process.
Inventory Count
Inventory count is the process of physically verifying and recording a company’s inventory to ensure accuracy and transparency in inventory management. Based on the results, SM Global provides an Inventory Count Report, which analyzes discrepancies between physical inventory and ledger records, offering recommendations for improvement to support effective decision-making by management.
Operational Audit
An operational audit assesses whether an organization's operations are functioning efficiently and effectively, while also identifying areas for improvement. Operational audits help organizations enhance their processes, reduce waste, and improve overall performance by providing practical insights and recommendations.
Agreed-upon procedure (AUP) Engagements
This engagement involves performing specific procedures that have been agreed upon by the client and any third parties involved. Deliverables including reports on the factual findings of these procedures, without expressing an opinion or assurance. The examples include but not agreed-upon procedure (AUP) engagements.
Due Diligence Review & Audits
Due Diligence Audits and review recognition in 3 principal areas: business due diligence. Financial due diligence. Legal, due diligence, which an individual or organization seeks sufficient information about an entity to obtain an informed assessment of its value for a particular purpose.
Tansfer Pricing
A Transfer Pricing audit is an examination conducted by tax authorities to ensure that transactions between related entities or subsidiaries of a multinational enterprise (MNE), often across different countries, adhere to arm's length principles.
