At RFBI, we offer comprehensive financial audit services, encompassing both external and internal audits to help businesses maintain financial accuracy, regulatory compliance, and operational efficiency. Whether your organization requires assurance on financial statements or deeper insights into risk management and internal controls, our audit services are tailored to meet your specific needs.
Our external audit services provide an independent and objective review of your company's financial statements, ensuring that they comply with the relevant accounting standards and regulatory requirements.
Financial Statement Audits: Our financial statement audits offer a thorough examination of your organization's financial records. We provide a clear opinion on whether your financial statements are free from material misstatement, either due to fraud or error.
Regulatory Compliance Audits: With ever-changing regulations, maintaining compliance can be challenging. Our audit team helps ensure that your business complies with the latest accounting standards (e.g., IFRS, GAAP) and industry regulations.
Statutory Audits: For companies required by law to submit audited financial statements, we conduct statutory audits in alignment with the legal requirements in your jurisdiction. This service guarantees that your organization meets all its obligations.
Tax Audits: Our tax audits review the accuracy of your tax filings to ensure they align with legal obligations and are free from discrepancies, preventing potential penalties from tax authorities.
Due Diligence Audits: As part of mergers, acquisitions, or significant investments, our due diligence audit provides an in-depth analysis of the financial position and risk factors of a target company.
Our internal audit services go beyond compliance and financial accuracy. They focus on improving your organization's operations by evaluating risk management, internal controls, and governance processes.
Risk-Based Internal Audits: We adopt a risk-based approach to internal auditing, where we identify potential risks that could impact your business operations. We assess the effectiveness of your internal controls in mitigating these risks.
Operational Audits: Our operational audits focus on improving the efficiency and effectiveness of your business processes. We provide recommendations for improving workflows, reducing waste, and enhancing overall productivity.
Compliance Audits: We ensure that your internal processes adhere to industry regulations and internal policies. Our compliance audits mitigate the risk of legal penalties and enhance your company's integrity.
IT Audits: Given the increasing reliance on digital systems, we offer IT audits that assess the effectiveness and security of your technology infrastructure. This includes reviewing data integrity, cybersecurity, and IT governance.
Internal Control Evaluations: A strong internal control system is key to preventing fraud and operational inefficiencies. Our audits evaluate your existing internal controls and provide recommendations for strengthening them.
Fraud Detection and Prevention: We conduct fraud audits to uncover any potential financial irregularities within your organization. Additionally, we provide fraud risk assessments and design prevention mechanisms to safeguard your assets.
Planning & Risk Assessment:
We begin with a thorough understanding of your business, industry, and specific audit needs.
Our auditors identify areas of risk and develop an audit plan that focuses on high-risk areas, ensuring that our resources are used efficiently and effectively.
Fieldwork & Data Collection:
Our team conducts fieldwork to gather data from financial records, business processes, and relevant stakeholders.
We perform detailed testing on transactions and internal controls, ensuring financial accuracy and process integrity.
Evaluation & Reporting:
After fieldwork, we analyze our findings and prepare an audit report.
For external audits, this includes an opinion on your financial statements. For internal audits, we provide a detailed report on the effectiveness of internal controls, operational efficiency, and compliance.
We offer actionable recommendations to rectify any issues or weaknesses identified during the audit.
Follow-Up & Continuous Improvement:
We assist in implementing the recommendations provided and ensure continuous monitoring of the improvements.
For internal audits, periodic follow-ups ensure that your business maintains an optimal level of internal control and risk management.
Experienced Professionals: Our audit team consists of highly qualified accountants, auditors, and industry experts with deep knowledge across multiple sectors.
Tailored Approach: We understand that each organization is unique. Our audit services are customized to meet the specific regulatory, operational, and strategic needs of your business.
Objective Insight: As an independent firm, we offer unbiased opinions and insights, ensuring the integrity and reliability of our audit findings.
Confidentiality & Trust: We maintain the highest standards of confidentiality and professionalism, safeguarding your sensitive financial data.
At RFBI, we serve clients across various industries, including but not limited to:
Manufacturing
Retail and Consumer Goods
Financial Services
Healthcare
Real Estate and Construction
Non-Profit Organizations
Technology and IT
If you're seeking reliable, professional audit services that not only ensure compliance but also drive operational excellence, RFBI is here to help. Our financial audit services are designed to deliver value beyond the audit opinion—providing strategic insights that help your business thrive.
By choosing RFBI for your internal and external audit needs, you're not just complying with regulations—you're investing in the long-term success and integrity of your organization.
Office 1 - 32/8 Shitolokkha Housing, Eshakha Road, Killarpul, Narayanganj
Office 2 - iConnect, 128 SS Shah Road, Bandar, Narayanganj
info@rfbi.xyz
01945947946, 01675329770