Audit & Assurance
Business operations and compliance depend on accurate financial reporting. At Ahmed Ghattour & Co, our professionals are specialized in many Libyan sectors and industries, so they can address the challenges that may be faced by businesses and offer appropriate solutions based on your unique situations.
In a rapidly evolving business and regulatory environment, the right guidance is important. In today’s fast-paced environment, decision makers need timely, reliable information from a trusted advisor. Ahmed Ghattour & Co has necessary resources, experience and in-depth local knowledge to effectively deal with all your audit & assurance needs. Ahmed Ghattour & Co can advise its clients about the nature and format of the books of accounts to be maintained, as firms operating in Libya are obliged by Laws to submit audited financial statements to:
- Tax Authority
- Ministry of Economy & Trade
- Foreign Investment Division
- Other governmental agencies.
INDEPENDENT HIGH-QUALITY FINANCIAL STATEMENTS AND AUDITS
Since the Libyan Government is demanding more accountability and transparency from both foreign multinational and local companies in all aspects of their businesses, our assurance on financial data can help you in building confidence in the important decisions that your management may take.
Ahmed Ghattour & Co’s office is staffed with experienced and qualified audit personnel to provide the required auditing services. Our audit & assurance opinions are intended to provide an objective independent examination of the financial statements and give a true and fair view in accordance with the financial reporting framework, thus increasing the value and credibility of the financial statements produced by the client’s management.
Ahmed Ghattour & Co can help you maintain financial reporting excellence so you can have confidence in the integrity of your company’s financial data.
OUR FOCUS
Our improved auditing approach represents an important step towards the quality of services, audit quality, and Business efficiency. At Ahmed Ghattour & Co, our auditing services are aligned with our clients’ business functions, not just their financial processes. Businesses need auditors and advisors who understand their clients’ strategic objectives and the risks inherent in trying to achieve these objectives and reflect them in their audit approach. Thus, at our firm, we put great emphasis on this approach while working in close cooperation with our clients.
- Since its foundation, Ahmed Ghattour & Co has successfully performed audits for many prestigious local and international clients.
- No matter how big your company is, public or private, and in which industries or sectors you operate, Ahmed Ghattour & Co can help you work smarter and reach your goals.
Audit Services
Your business may require an audit, either external or internal. That’s why our goal at Ahmed Ghattour & Co is to focus on ensuring compliance with Libyan Laws and to add value to your business. Our audits are conducted in accordance with auditing standards, Libyan legislation, and proven practices. We aim to add value to your business by identifying problems and highlighting opportunities.
Ahmed Ghattour & Co provides high-quality audits, value and transparency, and offers exceptional client service through multidisciplinary teams in Libya. Our audit teams provide high-quality, integral and technological services.
FINANCIAL STATEMENT AUDIT
Ahmed Ghattour & Co delivers financial statement audits based on its knowledge of Libyan laws and detailed understanding of its client’s businesses.
Reliable financial statements help organizations build trust and support informed decision-making. Ahmed Ghattour & Co delivers quality financial statement audits based on a comprehensive understanding of each client’s business. Here’s what makes Ahmed Ghattour & Co different to facilitate timely delivery of objective, independent financial statement audits:
- Detailed knowledge of Libyan industries
- Exceptional client service
- Functional knowledge
- Strong professional principles
STATUTORY AUDITS
Ahmed Ghattour & Co can help you confidently navigate through statutory audit reporting obligations
Comply with statutory audit requirements with specialized services
Libyan Law requires business entities to provide audited financial statements to the legal authorities. Ahmed Ghattour & Co understand that fulfilling these obligations for individual companies operating in Libya can be burdensome and complex due to intense scrutiny of financial statements.
Ahmed Ghattour & Co has successfully assisted both multinational and local Libyan companies with audit compliance for years. Our audit specialists at Ahmed Ghattour & Co have diverse experience, as we have both the knowledge and experience to help you navigate through the complex and multi-layered reporting obligations to the Libyan institutions.
EMPLOYEE BENEFIT PLAN AUDIT
Our specialists at Ahmed Ghattour & Co have the technical expertise needed for well-organized, thorough “Benefit Plan” audits.
Get a high-quality employee benefit plan
At Ahmed Ghattour & Co, our experienced specialists have decades of experience with audits and assurance services, and we understand the particulars and issues involved. Our experienced team at Ahmed Ghattour & Co knows how to meet deadlines and deliver high-quality audits by offering:
- Detailed project road maps
- Effective project management
- Experienced professional teams
- Focus on planning and efficiency
When working with clients on “Benefit Plan” audits projects, our goals are:
- To exchange information efficiently
- To minimize interruptions
- To be mutually accountable for achieving milestones.
Assurance Services
Around Libya, organizations are operating in a rapidly changing business environment, with increasingly complex regulatory requirements. That’s why it is important to maintain confidence and trust. Our assurance services provide insights and technical knowledge across Libya. In doing so, we protect and serve the public interest and promote transparency.
The purpose of Ahmed Ghattour & Co is to inspire confidence and trust. Ahmed Ghattour & Co helps to support organizations in managing regulatory responsibilities and supporting long-term, sustainable economic growth.
To consistently delivering high-quality auditing services, Ahmed Ghattour & Co is always investing and improving its auditing methods. At Ahmed Ghattour & Co, we devote a large amount of time, resources and attention to details to ensure that our methods are compliant with the International Standards.
ADD CREDIBILITY TO YOUR FINANCIAL REPORTING
Ahmed Ghattour & Co is committed to consistently delivering quality audits, enabled by the power of local knowledge and the strength of our people. Together, these drivers allow us to respond appropriately, and engage meaningfully, with all stakeholders. That’s why professionals at Ahmed Ghattour & Co work continually to ensure that specialized audits are carried out to a high standard. The experience of Ahmed Ghattour & Co, covering many Libyan industries and sectors, enables it to focus on key areas of risk, adequacy of internal controls and potential areas of fraud.