NUE Chartered Accountants offer audit services with a deep understanding of how important accurately audited financial statements are to businesses and their various stakeholders. Our audit firm works with some of South Africa’s top private and public companies. With the aim to provide the most effective and cost-efficient methods, to first understand the business and the risks it faces, thereafter to focus our efforts where they matter most in how we approach our financial statements, statutory and internal audit services.
We consider it our duty to continually inform our clients about accounting, financial and regulatory developments that may affect their business. Learn more about our leading audit services below:
Statutory Audit Service
Different from internal audits, our statutory audit service process relies on understanding an entity, risk analysis, evidenced corroboration and informed professional judgment. This provides maximized customary benefits of statutory audits to our clients. General standards are brief statements relating to such matters as training, independence, and professional care.
Our external audit services are performed by auditors who have adequate technical training and proficiency as auditors. They maintain complete independence in all matters relating to assignments and keeping us as one of the best audit firms in Sandton, Johannesburg, Midrand, Centurion and Pretoria.
Internal Audit Solutions
NUE‘s internal audit solutions can be as broad or narrow in scope as your audit committee, board or management wishes. Organizations may choose to outsource specific internal audit functions, which are not handled or known by their internal staff. This allows their internal stuff to focus better on projects they know best and us to focus on the rest.
On another hand, clients may co-source internal audit projects, where we can work with your organization to develop an overall plan which will address its priorities for implementation to be made by your internal staff.
Lastly, the entire audit function may also be outsourced. The latter approach allows management to focus on core competencies and for NUE to apply its considerable audit expertise to your organization’s needs.
Internal Audit Solutions
Outsourcing our internal audit functions and audit services can benefit your organization no matter the size, even with no regulatory requirement to do so. For businesses who either added an internal audit department or not, outsourcing or co-sourcing internal audit services is necessary as your organization grows. It makes good business sense. Candidates for outsourcing or co-sourcing their internal audit function from NUE include:
- Publicly held companies and certain other organisations for which NUE is not the external auditor
- Organizations seeking a cost-effective alternative to hiring, training and retaining internal auditors;
- Organizations seeking the expertise and objectivity of Outside consultants.
- Budget preparation and cash flow forecasts/projections.
- We understand that effective budgeting and cash flow forecasting will enable you to run your business more efficiently. We will assist you set realistic forecasts, evaluate your resources and market conditions. We also review current economic and business conditions to assess what impact they will have on your business and goals.