For a company, an effective audit helps organizations achieve goals and objectives by measuring overall performance and productivity, as detected in transactions and business records, according to The Houston Chronicle. Further, an audit protects an organization from financial misstatements, presenting a reliable health picture of the organization to the markets. Fraud protection is a benefit of audits achieved through internal controls that prevent and detect accounting irregularities. Strengthening the financial integrity of an organization through an audit reduces risk and the cost of capitol.
According to True and Fair, an audit confirms the financial claims as stated by an organization in various ways. An audit provides investors and shareholders confidence by providing trusted information concerning financial statements and how well the organization is run. An audit inspects internal control systems, ensuring they are sufficiently strong and working properly. In addition, an audit benefits accountants and tax collectors by addressing accounting problems and offering up-to-date information on techniques, rules, and regulations. Finally, financial analysts use an audit to determine the value of an organization's shares.
In orfer to meet the trend of Chinese policy and the local situation .TANNET we provide a consistent audit by assembling the right multi-disciplinary team to address the most complex issues, using a proven global methodology and deploying the latest, high quality auditing tools and perspectives. A key focus of the National Audit Office’s work last year was revealing violations in the approval, allocation and management of public funds, state-owned assets and resources, the office said in the statement.Some of China’s biggest state firms were found to have falsified revenue and profits, while some state lenders doled out loans to unqualified borrowers, the nation’s auditor said amid an intensifying crackdown on corruption.
With our experience in local and international laws and regulations means we can help you with the all-important obligation of meeting complex auditing requirements. With state of the art technology, our professionals can deliver efficient and cost effective audit solutions.TANNET is staffed by a professional team of lawyers, accountants and consultants with a wealth of experience both in their respective professions as well as specifically in the offshore industry. its operational offices around the world is more than 120,000 square kilometers with 28 jurisdictions. This combination of offices and expertise enables TANNET to provide an exceptional portfolio of quality services to a global client base.
Lastly, TANNET as a dedicated company to continually training its staff to ensure that they are fully conversant with the latest developments in the various jurisdictions which TANNET covers.
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If you have further enquire, please do not hesitate to contact Tannet at anytime, anywhere by simply visiting Tannet’s website english.tannet-group.com, or calling Hong Kong hotline at 852-27826888 or China hotline at 86-755-82143422, or emailing to tannet-solution@hotmail.com.
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