Audit & Assurance Services
VNV delivers comprehensive audit and assurance services that enhance financial reporting credibility in today's complex regulatory environment. Our professionals combine technical expertise with industry knowledge to provide independent evaluations compliant with current auditing standards and statutory requirements.
We view audits as business transformation opportunities, not just regulatory tasks. Our tailored methodology focuses on high-risk areas, assesses internal controls, and uncovers operational inefficiencies while providing strategic recommendations for improved financial outcomes.
Our assurance services include risk management assessments and internal control evaluations, working collaboratively to identify weaknesses and implementing best practices. Through transparent, reliable reporting and robust controls, we help organizations build stakeholder trust while navigating regulatory scrutiny.
Beyond our fundamental audit services, we offer diverse specialized assurance solutions tailored to address our clients' distinct requirements. These encompass:
Statutory Audit: Ensuring compliance with legal and regulatory requirements
Tax Audit: Providing assurance on tax compliance and identifying potential tax planning Information
Systems Audit: Evaluating the security, reliability, and effectiveness of your IT systems and controls Agreed-Upon Procedures (AUP)
Internal Audit: Independent review of internal controls, operations, and risk management.
Concurrent Audit: Ongoing checks of transactions to ensure accuracy and compliance.
Risk-Based Audit: Focused audit of high-risk areas based on the organization’s risk profile.
At VNV, we embrace a technology-forward audit environment, integrating cutting-edge tools like WeAudit, DeskAudit, GSTZEN, and AudTech into our core processes. These platforms along with Papilio, streamline statutory compliance and audit execution, enabling structured workflows, enhanced data accuracy, and greater audit transparency. Our commitment to leveraging digital solutions reflects our focus on continuous innovation, ensuring that we deliver high-quality assurance services aligned with the dynamic regulatory landscape.
We at VNV follow a robust Quality Control framework.
Role of Quality Function
- Standardization of client deliverables and workpapers
- Implementation of formalized firm-wide policies
- Evaluation and compliance assessment with SQC and AQMM frameworks
- Monitoring and safeguarding of UPSI (Unpublished Price Sensitive Information)
- Sharing of knowledge from internal reviews and technical matters
- Training personnel on Standards on Auditing and the Code of Ethics
- Promoting a culture of accountability and quality-first mindset