Accounting and Auditing
Accounting and Auditing
KKS capital also provide Accounting and Auditing Services to the clients. These services include:
- Financial Analysis
- Preparation of Financial statement
- Record revenue and expenses within the general ledger
- Provide Audit process support
- Financial Consulting
- Bank reconciliations
- Cash flow analysis
- Debt covenant calculations
- Financial reporting and advice for management and investors
- Daily bookkeeping services available
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What Our Client Says
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Very good financial advisor. Leader is very nice person with all time cooperation.
Very good financial advisor.Courteous and knowledgeable staff. Owner is very cooperative and helpful.
FAQs
What is accounting?
Accounting involves recording, classifying, and summarizing financial transactions to provide accurate financial information for decision-making, tax filing, and financial reporting.
What is the difference between accounting and auditing?
Accounting focuses on maintaining accurate financial records, while auditing is the process of reviewing and verifying the accuracy and legality of those records by an independent third party.
Why is auditing important for businesses?
Auditing helps ensure the accuracy of financial statements, identifies potential risks or fraud, ensures regulatory compliance, and provides assurance to stakeholders and investors.
What is the role of an auditor?
An auditor examines financial records, evaluates internal controls, ensures compliance with accounting standards and laws, and provides an independent opinion on the financial health of an organization.
What are financial statements?
Financial statements are formal records of a company’s financial activities, including the balance sheet, income statement, and cash flow statement, which provide insights into a company’s financial position.
What are the types of audits?
Common types of audits include internal audits, external audits, statutory audits, forensic audits, and tax audits, each focusing on different aspects of financial and operational integrity.
How often should a business have an audit?
Businesses typically undergo annual audits, but the frequency may vary depending on regulatory requirements, the size of the business, or investor needs.