FINANCIAL AUDIT
A financial audit is an examination and verification of an organization’s financial statements and records by an independent auditor. The objective of a financial audit is to provide an opinion on the fairness and reliability of the financial statements, ensuring they are presented in accordance with applicable accounting standards and regulatory requirements.
ASSET TAGGING
Asset tagging refers to the process of labeling or marking physical assets with unique identification tags or labels for easy identification, tracking, and management. It involves assigning a unique identifier, such as a barcode, QR code, or RFID tag, to each asset and associating it with relevant information in an asset management system.
VALUATION OF PROPERTY
Valuation of property refers to the process of determining the market value or worth of a real estate property. Property valuation is essential for various purposes, including buying or selling a property, obtaining a mortgage or loan, insurance purposes, taxation, investment analysis, and legal proceedings.
INTERNAL AUDIT
The main objectives of internal audit include assessing the effectiveness and efficiency of operations, evaluating the reliability and integrity of financial and operational information, ensuring compliance with laws and regulations, and safeguarding the organization’s assets.