Our Services - Audit and Assurance

We see auditing as an opportunity – a chance for companies to step back and take stock of their performance. We can assess what you could improve and how your systems and processes could work better for you!

We offer a flexible service adapted to meet specific customer requests, our support can ensure that all filing and reporting deadlines are met relieving the strain from managing agents.

We work closely with our clients all year round as a trusted adviser and business partner. We believe it is important to understand our clients' operations, their industry and the issues they face and to provide them with relevant and value added advice on an ongoing basis.

At MCAS we base our audit procedure on the International Standard on Auditing "ISA":

  • Planning
  1. Client acceptance and continuance
  2. Engagement setup
  3. Engagement letter
  4. Audit planning and risk assessment
  5. Materiality level
  6. Audit approach
  • Performance
  1. Audit programs
  2. Specific audit programs
  • Audit completion
  1. Summary of unadjusted audit differences
  2. Audit completion program
  3. Subsequent events
  4. Written representations (Representation letter)
  • Reporting (Types of Auditors' Reports)
  1. Unmodified opinion
  2. Qualified opinion
  3. Adverse opinion
  4. Disclaimer of opinion



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What we know about the global financial crisis is that we don't know very much - Paul Samuelson