Enhancing internal audit and risk management
Internal and statutory audits are a core concern every business year. Our qualified teams provide audit and financial review in Asia with deep expertise aligned to both local and international standards. Dezan Shira & Associates’ qualified audit specialists are experienced in International Financial Reporting Standards (IFRS) and the Generally Accepted Accounting Principles (GAAP) applicable to the jurisdiction of the audit and review work. With extensive experience in auditor financial services, our expertise centers on statutory audit work, audit assistance, and in-depth internal audits across the region.
Audit and Financial Review Services: Our Advantage
Build trust through independent review
Reassure investors, regulators, and partners with professional audits tailored to local standards and international best practices.
Identify gaps before they become risks
Spot issues in inventory, internal controls, or compliance early through structured reviews that prioritize business continuity.
Comprehensive support beyond statutory audit
Access internal audits, special-purpose reviews, and reporting assistance—supported by professionals across multiple disciplines.
How We Support Your Business
Well-managed treasury functions are vital to any business. Our dedicated account managers assist customers in facilitating bank payments, cross-border remittance and collection, and serve as an independent party to provide oversight for proper fund deployments in line with internal management approval guidelines.
- Cash Management Review
- Purchase and Payment Control
- Staff Disbursements Audit
- Cash Flow Management
Our audit teams ensure accuracy and compliance with international and local standards for your financial statements. From GAAP review and conversion to China component audits, we provide tailored solutions for businesses operating across Asia.
- Internal and management audits
- GAAP review and conversion
- Inventory audit and observation
- Fixed assets audit and observation
We assist with all aspects of statutory audits, ensuring compliance with local regulations and global reporting standards. Our expertise includes group audit reporting, preparing statutory audit documentation, and optimizing your audit processes. Additionally, we extend our services to include specialized audit assistance - such as China accounting and finance review – designed to assist businesses navigating complex regulatory environments.
- Annual Statutory Audit Assistance
- Statutory Audit Documentation
- Arrangement and Preparation
- Statutory Audit Review
Strengthening internal controls and managing risk are critical to safeguarding a company’s operations, assets, and reputation. Our internal control and risk advisory services help businesses identify process gaps, reduce exposure to fraud, and build resilient control systems. We provide end-to-end support—from conducting control reviews and advisory to implementing fraud prevention strategies and delivering targeted training.
- Internal Control Review
- Internal Control Advisory
- Internal Control Training
- Fraud Prevention
- Fraud Investigation
- Risk Management Advisory
Have Any Questions?
Reach out to our local experts
Case Studies and Insights
FAQs – Audit and Financial Review Services in Asia
We provide a comprehensive range of audit and financial review services, including:
- Statutory audits to meet local compliance requirements
- Internal audit services for risk assessment and internal control enhancement
- Financial statement audit to ensure accuracy and transparency
- GAAP audit and IFRS audit support for businesses operating in multiple jurisdictions
- China factory audit to evaluate financial and operational efficiency
GAAP (Generally Accepted Accounting Principles) is a standardized framework for financial reporting. Our services include:
- GAAP audit to ensure compliance with international and local standards
- GAAP review and conversion, assisting companies in transitioning financial reports from GAAP to IFRS or vice versa
- Advisory on accounting health check to identify compliance gaps
A financial statement audit involves:
- Examination of financial records to verify accuracy.
- Assessment of internal controls to identify weaknesses.
- Compliance review with GAAP audit or IFRS audit standards.
- Audit and review service to provide an independent opinion on financial health.
- Internal audit: Conducted internally to assess operational efficiency, fraud risks, and compliance.
- Statutory audits: Required by law to ensure businesses meet financial disclosure requirements.
Both audits are crucial for maintaining transparency, identifying risks, and ensuring regulatory compliance.
An internal audit helps businesses:
- Identify inefficiencies in financial reporting and operational processes.
- Strengthen internal controls to mitigate fraud and compliance risks.
- Improve corporate governance and decision-making based on accurate financial data.
- Ensure readiness for statutory audits and regulatory inspections.
Our audit and financial review services ensure compliance through:
- Global statutory audits that meet country-specific financial regulations.
- China accounting and finance review to align with local tax and corporate laws.
- Group audit reporting for multinational businesses requiring consolidated audits.
Our fraud prevention and internal audit approach includes:
- Risk assessment to detect fraudulent activities.
- Internal control audits to strengthen processes.
- China factory audit to prevent financial mismanagement in manufacturing operations.
- Financial statement audit to identify anomalies in reporting.
An accounting health check is a comprehensive financial review that assesses:
- The accuracy of financial statements.
- GAAP or IFRS compliance gaps.
- Internal control weaknesses and risk areas.
This helps businesses enhance financial transparency and prepare for statutory audits.
Yes, we assist with:
- Statutory audit documentation arrangement to ensure compliance.
- Preparation and submission of audit reports to regulators.
- Global statutory audits support for businesses operating in multiple jurisdictions.
Yes, we offer group audit reporting, helping multinational corporations consolidate financial data across various regions. Our services ensure:
- Compliance with IFRS or GAAP audit standards.
- Accurate consolidation of financial statements.
- Risk assessment across multiple subsidiaries.
You can get started by:
- Scheduling an initial consultation with our audit and financial review experts.
- Providing relevant financial data for a preliminary audit assessment.
- Engaging our team for a customized audit and compliance plan.
Our Clients
Discover our esteemed global clients across diverse sectors. We believe in providing our clients with exceptional service and a commitment to being their partner for growth in Asia.
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Contact Our Experts
We provide expert advisory and corporate services across Asia, guiding businesses through complex markets and regulations.