Subsidiaries of Multinational Firms

A growing number of international firms are in competition in foreign countries. Beyond exporting services and products, international firms are operating in foreign countries through whole and partially owned subsidiaries, joint ventures and strategic partnerships. Often, they are faced with enormous challenges due to different laws, financial accounting and tax regimes.

As part of preparing consolidated financial statements, these foreign subsidiaries have to be audited on the basis of acceptable auditing standards. Multinationals also have to ensure that their
foreign operations are in compliance with U.S. Corrupt Practices Act and the OEDC Anti-Bribery Rules.

Our team of auditors and accountants have the local experience to carryout quality audits and provide the management consulting service to ensure that there is adequate internal controls over
financial reporting, giving peace of mind to executives that their foreign operations are in compliance with domestic and international rules. We provide the following services:

Auditing and Assurance

• Financial Statement Audits
• Internal Control Audits of administrative and financial structures and procedures in place
• Special Reports

Due Diligence Services

• Foreign Corrupt Practices Act (FCPA) Compliance
• Commercial Property

*Property Condition Assessment (PCA)

*Property Title and Encumbrances

• Third Party Human Rights Violations

Forensic Accounting and Anti-Corruption Services

• Forensic Audits in cases of fraud or suspected fraud intended to find evidence which can be used in subsequent proceedings
• Financial Crime Litigation Support, including evidence gathering and analysis, testifying in
  court, and documenting analysis

Financial Accounting Services

• Accounting System Review
• Design and Implementation of Internal Controls
• Internal Audit
• Review and Compilation of Financial Statements
• Accounting System Setup and Implementation
• International Financial Reporting Standards (IFRS)