Some of the important qualities for an operational auditor are independence and competence. The responsibilities of operational auditors can also affect their independence. The auditor should not be responsible for operation functions in a company or for correcting deficiencies when ineffective or inefficient operations are found. While it is acceptable for auditors to recommend changes in client’s operations, operating personnel have the final say to either accept or reject such recommendations.

Our staff experience with operational and financial auditing has sharpened our auditing skills to the benefit of our clients. For many organizations, Internal Audit is a requisite element of the control environment. With the help of Stransact audit the Internal Audit function can be upgraded to provide greater efficiencies with a positive effect to the bottom line. Operational audits are frequently driven by regulatory, innovative or transformative objectives. Rather than building large corporate audit staffs, which is costly and time consuming, we at Stransact Audit can readily join, lead or design your team, which would bring to your organization the added benefit of our collective operational audit experience.

 Special purpose audit is aimed to examine the issues determined by the client, and directly related to economic activity of the company. It also aims at examination of compliance with certain procedures, acts and rules.

We help firms interpret and comply with the rules and regulations in order for them to continue to operate in their chosen sectors.

Some of our special audit includes:

• Property Analysis:

  We assist our clients with complete and objective information about availability, structure, cost and reliance of property and about efficiency of calculation schemes. Also we compare pricing procedure used by client with market conditions.

• Review of Financial Statements:

We assist our clients in the examination of their financial statements on agreed period or agreed information sector.

• HR Audit:

We assist our clients in the analyzing the efficiency of their HR management and remuneration. We help in evaluating the reasonableness of staff headcount and HR structure of our clients, personnel list, analysis of staff base stability and turnover indexes.

• Due Diligence Review:

Here, we assist our clients reach a comprehensive understanding of their real financial position and all risks that may negatively impact it. Some of our due diligence reviews include: Operational due diligence, financial due diligence, tax due diligence and legal due diligence.
Our dedicated team of specialists has the experience and expertise to assist you with all your special-purpose audit/review requirements, ensuring that they are tailored to the specific needs of your business