Global Gateway Commercial Brokers


Audit & Accounts: Ensuring Financial Integrity and Transparency

In the realm of business operations, maintaining accurate financial records and adhering to regulatory standards are paramount. Our Audit & Accounts services offer comprehensive solutions to ensure the integrity and transparency of your financial reporting.

Through meticulous auditing procedures, we scrutinize your financial statements, internal controls, and operational processes to provide an independent assessment of your company’s financial health. Our team of experienced auditors brings a wealth of expertise to identify potential risks, uncover inefficiencies, and offer strategic recommendations for improvement.

In addition to audit services, our Accounts team provides reliable and efficient accounting solutions tailored to your business needs. From bookkeeping and financial statement preparation to tax compliance and regulatory reporting, we ensure that your financial records are accurate, up-to-date, and compliant with relevant standards and regulations.

With our Audit & Accounts services, you can have confidence in the reliability and accuracy of your financial information, enabling informed decision-making and fostering trust among stakeholders. Let us partner with you to safeguard the financial integrity of your business and drive sustainable growth and success.

Objectives of Accounts Receivable (AR) Audits

  • Verification of the accuracy of accounts receivable balances depicted on the balance sheet.
  • Confirmation of the accuracy and completeness of records about refunds for returned items.
  • Evaluation of the adequacy of controls implemented to prevent any mismanagement of cash or check payments.

Protocol for Conducting Accounts Receivable (AR) Audits

Our Services

Inspecting Customer Orders

Our thorough inspection of customer orders ensures accuracy and completeness, verifying that orders are processed correctly and in accordance with agreed terms and conditions.

Comparing Receivable Reports with the Total

We meticulously compare receivable reports with the total to identify any discrepancies, ensuring that all transactions are accurately recorded and accounted for in financial statements.

Matching Invoices to Shipping Log

Our process involves matching invoices to the shipping log to validate the delivery of goods or services to customers, ensuring that invoices are accurately issued and accounted for.

Confirming Receivables

We confirm receivables with customers to validate outstanding balances and ensure accuracy in financial records, enhancing transparency and reliability in financial reporting.

Reviewing Cash Receipts

Our review of cash receipts involves examining all incoming cash transactions to ensure proper recording and reconciliation with receivable accounts, minimizing the risk of errors or discrepancies.

Reviewing Credit Notes

We carefully review credit notes to verify the validity and accuracy of adjustments made to receivable accounts, ensuring compliance with established policies and procedures.

Trend Analysis

Through trend analysis, we identify patterns and trends in receivable accounts over time, providing valuable insights into payment behavior, potential risks, and opportunities for improvement in receivable management.