Why you need an audit firm?

With the changes in legal requirements and regulation, the complexity of doing business has increased for this reason there are accountancy firms that can help your business out in complex situations. An accountancy firm may be seen just a firm that has employed accountants who are helping out their clients in sorting out transactions of different types related to the accounts of the business, and that’s all of it. But this is not the case with Sayub & co. Sayub & co. is an accountancy firm which also provide auditing services side by side with its accounting services to the clients. Which makes it and auditing firm in Karachi as well as an accountancy firm.

The summarized framework of how audit firms in Karachi works is that, they provide auditing services to the clients as per the required standards of securities exchange of Pakistan to help the business s maintain their compliance. Moreover, there is not only one type of audit that is required by the government but there are other audits as well. Such as tax audit. Which is prove that all the taxes have been paid for. These audits that are carried by the audit firms in Karachi including Sayub & co. are to help you better understand your own business, and to ensure that everything, all the assets, liabilities have bene accounted for, and there is no chance of any fraud that is being done by the internal auditors of your business and accountants. There have been cases in past where business have failed due to reliance on internal auditing which was found out to be overstated and resulted in failure of the business. Toshiba was one of those business. Such a well renowned name in computer business has been caught in scandal since 2011. To ensure the safety and future of your business it is recommended to higher external auditors to provide services so that an authentic and eithical audit report could be generated. With the help of professional who believe in the ethical code, the future of your business will be in safe hands with Sayub &bco.