We provide tailored services to corporates and professional services firms around the world.
Information Technology
We provide support to clients, both through external audit engagements and directly, in assessing the adequacy and effectiveness of its technology control environments. We also provide assessment of entity level controls, review of key business processes and supporting applications and associated automated controls and review of key IT general controls.
Accounting and Business Advisory
Our experienced team can offer a wide range of services per your needs from preparation of technical accounting position papers and clearance with auditors, preparation of accounting models and templates, IFRS-compliant financial statements preparation, preparation of monthly management accounts and reporting or consolidation packages and actuarial valuation of employees end of service benefits.
Onsite and Offsite Secondments
Organizations often have to deal with human resource constraints to manage their operations. ABS offers secondment services so you no longer have to worry in times when resources are tight. In fact, it has been proven that secondments for a desired period of time are more affordable and practical for the employers. Our team of professionals offers years of accumulated knowledge and expertise in accounting and related fields.
Business Intelligence
As businesses continue to digitize, organizations have access to increasingly complex and sophisticated data collection and storage methods. However, collecting data is not useful in and of itself. It is the insight that is mined from this data that has the potential to drive your Company forward. At ABS, our goal is to help our clients leverage their data resources to draw meaningful and actionable conclusions in a way that gives them a competitive edge.
Legal Services
Through our business partners in Pakistan, we offer a diverse range of legal services, across a variety of sectors, including, but not limited to, contractual drafting and negotiations, due diligence, legal advice, litigation, mediation and arbitration. We can act as a one stop shop for all your worldwide legal needs.
Digital Transformation
Globalization has created a new world order for doing business. New information and communication technologies (ICTs) have dramatically changed the way we live, learn and work, and even the way we think about work.
Risk Advisory
We provide organisation-wide risk assessments, risk measurement and risk profiling.
Development of risk indicators, targets and limits to monitor performance
Measurement and monitoring of risk performance.
Quality management system
All professional services firms that issue audit opinions need to comply with ISQM 1 (International Standards for Quality Management), effective 15 December 15, 2022. We provide services from setting up the Quality Management System to monitoring and evaluating these quality management systems. We provide administrative and technical support to firms to help them comply with ISQM 1.
eSG (Environment, Social and Governance)
Standards for your organization that allows long-term sustainability including factors such as climate change, data and personnel security, resource depletion, diversity and transparency.
Prepare technical accounting and auditing position papers
All engagements pose challenges when it comes to the application or interpretation of a particular accounting standard. Having a full time dedicated resource to act as a technical resource can be challenging. With our vast experience in dealing with complex accounting issues, we can prepare technical accounting papers for you to document in your audit file or even support you in the preparation of accounting advice for your clients.
FRS (Full or SME) financial statements preparation with completed disclosure checklists
FRS (Full or SME) financial statements preparation with completed disclosure checklists.
Develop complete end to end audit methodology in line with the international standards
Having a uniform and consistent audit methodology is critical to ensure your teams have guidance they can refer to, and that your audit files follow consistent standards. Our experienced team can develop a comprehensive audit methodology for you and mitigate your audit risk. This will also help you with external quality reviews.
Act as accounting and auditing technical support function on any key / significant matters
Our team can act as a sounding panel to deal with day to day technical accounting and auditing issues that your teams encounter.
Provide assistance in preparation of proposals and presentations to the clients
With us on your side, you can rely on us to add finesse to your business proposals, and convey key ideas in an effective and clear manner to maximize the probability of success.
Provide review of working papers in line with international standards
A significant number of regulatory reviews highlight lack of appropriate review as a reason for quality failure. Our experienced team can provide a second eye for your reviewed working papers to ensure the requirements of the accounting and auditing standards are met.
IAS 19 – Actuarial valuation of employees end of service benefits
Entities need to value their employees’ end of service obligations in accordance with International Accounting Standards requiring use of actuarial techniques. We provide such valuation services and related financial statement disclosures for your clients, through our business partners. If you are relying on the clients’ actuarial valuation, we can perform reviews to ensure the methodology is in accordance with International Standards on Auditing.
Need Help To Maximize Your Business?
Reach out to us today and get a complimentary business review and consultation.
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