Audit & Assurance
We provide independent and high-quality audit and assurance services to ensure financial integrity, compliance, and regulatory adherence.
We provide independent and high-quality audit and assurance services to ensure financial integrity, compliance, and regulatory adherence.
At Crowe Al Muhanna & Co., we pride ourselves on delivering independent, high-quality audit and assurance services tailored to meet the unique needs of businesses in Kuwait. Our team of experienced auditors, chartered accountants, and financial experts is dedicated to ensuring financial integrity, compliance with local regulations, and adherence to international standards. Whether you are a startup, a multinational corporation, or a government agency, our comprehensive audit services provide the transparency and insights needed to make informed financial decisions.
A statutory audit is a legal requirement for many businesses operating in Kuwait. Crowe Kuwait ensures that your financial statements are compliant with International Financial Reporting Standards (IFRS) and in line with Kuwait's Ministry of Commerce and Industry (MOCI) regulations. Our statutory audit services assess the accuracy, completeness, and fairness of your financial statements, helping you stay compliant and meet regulatory requirements. We perform:
Our financial statement audits help businesses provide stakeholders with reliable, accurate financial information, enhancing transparency and trust.
In addition to year-end audits, Crowe Al Muhanna & Co. also offers interim audits and periodic financial reviews. These services are especially useful for businesses looking to assess their financial health and compliance before the final year-end audit. Our team conducts:
By conducting these audits early, businesses can ensure a smoother statutory audit process, identify potential issues, and make improvements before year-end.
Regulatory compliance is crucial in maintaining a trustworthy business operation, particularly in industries subject to stringent government regulations. Crowe Al Muhanna & Co.'s regulatory and compliance audit services help businesses comply with local regulations, including those set by the Kuwait Ministry of Commerce & Industry (MOCI), the Capital Markets Authority (CMA), and other regulatory bodies. Our team specializes in:
Whether you are a public or private company, we will ensure your operations are fully compliant with local laws and international best practices.
In today’s business environment, the risk of fraud and financial irregularities is ever-present. Crowe Al Muhanna & Co. offers forensic audit services to help businesses detect, investigate, and resolve instances of fraud or financial mismanagement. Our forensic audits are designed to:
Our experienced auditors will work closely with you to identify risks, prevent future occurrences, and take corrective actions.
Sometimes, a business requires specific audit procedures for a particular purpose or transaction. Crowe Al Muhanna & Co. offers Agreed-Upon Procedures (AUP) engagements, which involve tailored audits focused on specific areas such as internal controls, AML (Anti-Money Laundering), or ICR (Internal Control Review). This service is ideal for clients who:
Our team will work with you to define the scope of the audit and deliver results that align with your business requirements.
Some financial statements are prepared for specific purposes, such as regulatory filings, stakeholder reporting, or contractual obligations. Crowe Al Muhanna & Co. offers audits for special purpose financial statements, ensuring they are prepared with the highest standards of accuracy and compliance. These reports might be required for:
Our auditors ensure that these reports meet the necessary legal and regulatory requirements, giving you confidence in the information provided to external stakeholders.
When making strategic business decisions, such as entering into mergers or acquisitions, conducting due diligence is critical. Crowe Al Muhanna & Co. provides due diligence and financial review services that help businesses assess the financial health, risks, and opportunities associated with a transaction. Our experts will:
These services are indispensable for anyone looking to invest, acquire, or merge with another business in Kuwait.
Sometimes businesses need financial reports that aren’t necessarily subjected to a full audit, but which still provide useful information for management or external stakeholders. Our compilation report services provide a summarized version of your financial statements, including balance sheets, income statements, and cash flow statements. These reports are typically used for:
These reports are provided without assurance, meaning we will assist you in compiling the data without verifying its accuracy through an audit process.
As one of the best auditing firms in Kuwait, Crowe Al Muhanna & Co. is committed to delivering exceptional audit services that help businesses succeed. Whether you are looking for a chartered accountant company in Kuwait, an auditor in Kuwait, or simply need assistance with audit services in Kuwait, our team is here to support you.
Get in touch with Crowe Al Muhanna & Co. today to learn more about how our audit services can help you achieve financial clarity and success.