External Auditing
External Auditing Services by VLM
At VLM, we offer comprehensive external auditing services that cover every aspect of your business operations. Our audits provide an objective evaluation of your company’s performance, compliance, and risk management, ensuring that you meet industry standards and regulatory requirements while optimizing your operations.
Compliance Audits
- Regulatory Compliance: Ensures that the organization adheres to industry regulations, legal requirements, and standards.
IT Audits
- Cybersecurity Audits: Assesses the effectiveness of an organization’s cybersecurity measures and practices.
- IT Systems Audits: Evaluates the performance, reliability, and security of IT systems and infrastructure.
Internal Control Audits
- Controls Effectiveness: Reviews the design and effectiveness of internal controls to prevent fraud and ensure accurate financial reporting.
- Risk Management: Assesses risk management processes and controls to identify and mitigate potential risks.
Performance Audits
- Efficiency and Effectiveness: Evaluates the efficiency and effectiveness of programs, projects, or operations in achieving their objectives.
- Benchmarking: Compares performance metrics against industry standards or best practices.
Forensic Audits
- Fraud Investigation: Investigates potential fraud or misconduct within the organization.
- Financial Irregularities: Examines financial records for signs of irregularities or discrepancies.
Tax Audits
- Tax Compliance: Reviews tax filings and practices to ensure compliance with tax laws and regulations.
- Tax Planning: Assesses the effectiveness of tax planning strategies and identifies opportunities for tax optimization.
Supplier and Vendor Audits
- Vendor Compliance: Evaluates the compliance of suppliers and vendors with contractual obligations and industry standards.
- Supply Chain Risk: Assesses risks associated with the supply chain and supplier management.
Social Responsibility Audits
- Corporate Social Responsibility (CSR): Reviews CSR practices and policies to ensure alignment with corporate values and stakeholder expectations.
- Ethical Audits: Assesses adherence to ethical standards and practices within the organization.
Insurance Audits
- Coverage Verification: Evaluates insurance policies to ensure adequate coverage and compliance with policy terms.
- Claims Assessment: Reviews insurance claims and related documentation for accuracy and validity.
Benefits
Our thorough auditing process ensures that your financial records are accurate, reliable, and free from errors, providing a solid foundation for your business decisions.
Stay ahead of regulatory requirements with our expert knowledge and guidance, minimizing the risk of fines, penalties, and legal issues.
Build trust with investors, lenders, and partners by showcasing transparent and well-maintained financial records
Features
Comprehensive examination of your financial statements, including income statements, balance sheets, and cash flow statements.
Identification of potential financial and operational risks, along with actionable recommendations to mitigate them.
Tailored audit reports that highlight key findings and provide clear, concise insights specific to your business needs.
Our External Auditing service is more than just a compliance check—it’s a strategic tool that empowers you to make informed decisions, optimize your financial performance, and build a trustworthy reputation in the marketplace