Audit & Assurance

Statutory audit services
Values offers its services to assist companies to comply with the local Corporate Law No. 159 and Capital Market Authority Law No.95, stipulating that all companies operating in Egypt (listed and unlisted) must prepare their financial statements in accordance with Egyptian Accounting Standards and for those financial statements to be audited by a Certified Public Accountant.

Agreed Upon Procedure
Agreed-upon procedures are engagements undertaken in accordance with the International Standard on Related Services (ISRS 4400) applicable to agreed-upon procedures, in which an accountant or auditor is engaged to carry out specified procedures designed by an entity or a client or any appropriate third parties, to report on factual findings identified and provided by those parties. Such agreed upon procedures may cover any aspect of the business activities including accounting, financial, system analysis and evaluations or other related issues.

Audit to IFRS and US GAAP.
Although the Egyptian Accounting Standards being in line with the International Accounting Standards, local laws require some entities operating in Egypt such as Banks to have their financial statements audited in accordance with the IAS/IFRS standards.

Human Resource Audit.

The services which we provide for HR include:

• Personal interviews of employees, managers and other required personnel.
• Developing scoring systems for assessing employees' performance.
• Developing HR manuals and policies for practical implementation.
• Designing proper salary scales for employees.
• Assessments of the effectiveness and efficiency of the existing management processes, policies and practices against predetermined standards.
• Ascertaining the level of compliance with laws and regulations, industry standards and organizational policies.
• Suggesting and implementing corrective measures by identifying policies and procedures that are not followed.
• Identifying the need for additional training and retraining of current & prospective employees.
• Developing HR auditing procedures that become an ongoing and sustainable element of the organization's internal controls.