AuditEnsure Your Business's Financial Compliance and Transparency
Audit is an analysis conducted by an independent expert to evaluate a company’s financial statements, internal controls, organization, or procedures. This assessment may be required by standards or regulations. At AKF Consult, we carry out our audit missions with strict adherence to ethical rules and professional standards to precisely meet your needs.
AKF CONSULT – We provide thorough audits, ensuring financial transparency and reliability, to strengthen stakeholder confidence in your business.
Legal Audit
Legal auditing involves verifying financial statements to ensure they accurately reflect the financial health of a company. This task is carried out by an auditor to anticipate risks and guarantee reliable procedures.
It is mandatory for public limited companies, certain simplified joint-stock companies, associations, and some limited liability companies.
The primary objective of legal auditing is to certify annual financial statements by ensuring fairness among shareholders, anticipating difficulties, and adhering to the ethical standards of the auditor: integrity, impartiality, competence, independence, avoidance of conflicts of interest, collegiality, and discretion.
Our audits comply with legal frameworks and professional standards, covering various aspects such as auditing, transformation, mergers, contributions, and specific audits tailored to your needs.
Tax audit
Taxation is now crucial for businesses, requiring a deep understanding and constant updates. Business managers, who are rarely tax experts, can unknowingly make costly mistakes.
In Morocco, tax reform has transformed laws to adapt to economic changes. These modifications make strict adherence to tax regulations essential to avoid severe penalties.
With the strengthening of controls, businesses must anticipate tax risks in their decisions. Tax audits become crucial for forecasting, preventing, and reducing these risks while ensuring legal compliance.
Our auditors support you in this process by identifying risks and offering tailored solutions to secure your tax situation.
Social Audit
Social audit is a process of observation, analysis, and evaluation aimed at identifying the strengths and risks associated with human resources management.
It also applies to Quality, Hygiene, Safety, and Environment according to local standards and regulations. Nowadays, social audit is becoming increasingly important in businesses, particularly due to the growing strategic role of human resources.
This evolution is supported by the regulatory framework of the Labor Code, which structures social information around specific indicators.
Our auditors support you in this mission by examining the compliance of operational controls, assessing the reliability of the data used, and recommending improvements to optimize operations.
Acquisition Audit
Acquisition audit is a crucial step in any external growth operation. Before the final signature, it thoroughly assesses the target, whether on-site or through detailed documentation provided by the seller.
Its objectives are multiple: to confirm the investor’s overall understanding, identify accounting, tax, social, financial, and legal risks, propose optimal solutions, and finalize the terms of the transaction including the Asset and Liability Warranty.
This process allows the buyer to better understand the targeted company and make an informed decision. The audit’s findings may lead to various scenarios: abandoning the project if the risks are too high, adjusting the purchase price based on new information, or strengthening contractual warranties to secure the transaction.
Consolidation of accounts
Consolidated accounts are essential for groups of companies exceeding a legal threshold. At AKF Consult, we view consolidation as much more than a mere obligation. It is a crucial strategic tool for your financial communication and the overall management of your group. Our approach includes thorough analysis and personalized advice to optimize your relationships with financial partners and support your growth projects.
We offer you:
– A comprehensive view of your activities and assets.
– Easier management of your group.
– Optimized financial communication.
– Strategic support for your growth projects.
Our services include the preparation of annual consolidated accounts and a four-step methodology: data collection, data processing, account preparation, and financial analysis. We also provide tailored assistance and training to meet your specific consolidation needs.
Consolidation of accounts under IFRS
AKF Consult benefits from recognized expertise in IFRS (International Financial Reporting Standards). These standards play a crucial role in standardizing the presentation of accounting data globally and improving the transparency of financial information for listed companies.
Our specialized accountants and auditors work closely with listed companies and influential players from various sectors to ensure the reliability of accounting and financial information in accordance with IFRS. Their continuous training keeps them updated with the latest regulatory developments and interpretations issued by the IFRIC (International Financial Reporting Interpretations Committee).
We are ready to assist you in preparing your consolidated accounts and drafting reference documents. Additionally, we offer personalized advice to optimize your procedures for collecting and securing information within your group, ensuring effective coordination between the parent company and its subsidiaries.
Company valuation
Financial evaluation of a company aims to determine a range of values rather than a single value. This rigorous process relies on formal methods tailored to the company’s size, organization, and industry.
Our firm has a team of financial analysts and sector experts for in-depth expertise in valuation methods specific to each industry.
Our business valuation reports are detailed and based on the latest comparable transactions, ensuring precise justification of the parameters considered.
Engineering and Financial Structuring
In a constantly evolving economic and financial environment, characterized by uncertainty and increased competition, modern businesses seek specialized solutions to navigate increasingly complex decisions. This has led to a financial approach focused on consulting and services, including financial engineering, which helps business leaders manage their private and professional assets.
We support leaders in the field of engineering by optimizing their project management and enhancing the reliability of their accounts. Our approach involves combining various disciplines to meet the expectations of investors, shareholders, partners, as well as the needs of businesses and their executives.
We will guide you in a clear and accessible manner, presenting the available choices, associated risks, and offering solutions tailored to your situation.