External Audit and Assurance

About the Service

External Audit and Assurance

At Bagaka Auditors Inc, we provide external audit and assurance services to ensure that our clients comply with the regulatory requirements in their respective industries. As a registered audit practice with the Independent Regulatory Board of Auditors (IRBA), we are authorised to perform regulatory audits and issue audit opinions in accordance with the Auditing Profession Act.

Our Expertise and Experience

We are a registered training office with South African Institute of Chartered Accountants and an approved employer by The Association of Chartered Certified Accountants (ACCA). This means that we have trained and experienced resources to complete quality audits in accordance with the standards and regulations. We have experience with most industries and different legal entities. Our audits emphasize early planning and a continued understanding of how specific organisations function.

Over the years, we have had opportunities to audit some of the most renowned organisations in South Africa, including SizweNtsalubaGobodo Grant-Thornton, South African Local Authorities Pension Fund, Technoserve NPC, Dipuno ESD Foundation, and Batseta Council for Retirement Funds.

Our Assurance Services

We provide a range of audit and assurance services, including:

Audits of Financial Statements

We conduct audits of financial statements (GRAP or IFRS) to ensure the accuracy and completeness of the financial records of our clients. Our audit processes are based on the latest standards and regulations.

Review of Financial Statements

We conduct reviews of financial statements (GRAP or IFRS) to provide a lower level of assurance than an audit. This service is ideal for clients who need an assurance service but don’t require a full audit.

Engagement Quality Reviews or Pre-Issuance Reviews

We provide support as pre-issuance reviewers to the Auditor General of South Africa and are available to support other audit firms as Engagement Quality Reviewers on a subcontract basis and/or secondment of staff.

Agreed Upon Procedures Engagement

We conduct Agreed Upon Procedures engagement, which are engagements where the client specifies what audit procedures we need to perform.

Compliance Audits

We conduct compliance audits to ensure that our clients comply with the applicable laws and regulations.

Our Technology

We use CaseWare Audit System, a leading provider of auditing and financial reporting software which is relied on by more than 20,000 users in Africa. This software helps us to audit any organisation regardless of size and/or complexity.

Our Learning and Development

We pride ourselves as a centre for learning and development, as our professionals stay abreast of new developments in audit and accounting. We participate in industry programs and attend regular training to ensure we remain relevant.

Contact us today to learn more about our External Audit and Assurance services and how we can help your organisation stay compliant.