Delivered by Amark Associates · Chartered Accountants
Audit & assurance
Audits that build trust and resilience
Independent statutory, internal and forensic audits that satisfy regulators and give your stakeholders confidence in your numbers.
Audited financial statements are required for companies in Sri Lanka and are essential when you apply for finance, bring in investors or bid for large contracts. A good audit also highlights weaknesses in controls before they become costly problems.
We plan every audit around your business, communicate clearly throughout and deliver practical recommendations, not just a report.
Our internal and forensic audit work helps boards and owners protect assets, detect irregularities and strengthen governance.
Audit and tax services are provided by Amark Associates, Chartered Accountants, SMARTLedger’s sister firm under the same ownership and leadership. You get one point of contact and one team across registration, secretarial, tax and audit.
Why clients choose us
- 20+ years of hands-on experience
- Led by a Chartered Accountant
- Fixed fees agreed in writing
- Updates on WhatsApp & email
What’s included
Audit & Assurance: what we do for you
Statutory audits
Annual audits of financial statements in line with Sri Lanka Auditing Standards.
- Risk-based audit planning
- Independent audit opinion
- Management letter with recommendations
Internal audits
Independent reviews of processes, controls and risk.
- Process and control testing
- Risk assessment
- Board-level reporting
Forensic audits
Investigation of suspected fraud, irregularities and disputes.
- Fact-finding and analysis
- Evidence-based reporting
- Support for disputes
Optimised compliance strategies
Roadmaps to strengthen governance and regulatory compliance.
- Compliance gap analysis
- Policy and procedure reviews
- Implementation support
Who this is for
- Private limited companies needing annual statutory audits
- Businesses applying for bank facilities or tenders
- Boards wanting independent assurance on controls
- Owners concerned about fraud or irregularities
What you’ll need
- Trial balance and general ledger
- Bank statements and reconciliations
- Fixed asset register
- Key contracts, loan agreements and minutes
- Previous year’s audited financial statements
Don’t have everything? Send what you have and we’ll guide you through the rest.
How it works
Our process
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01
Planning
We understand your business, assess risks and agree a timetable.
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02
Fieldwork
We test transactions, balances and controls with minimal disruption.
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03
Findings
We discuss findings with you before anything is finalised.
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04
Reporting
You receive the audit report and a management letter with practical recommendations.
FAQ
Frequently asked questions
Does my company need an audit?
Companies registered in Sri Lanka are generally required to have their annual financial statements audited. Talk to us about your company type and size and we will confirm what applies.
How long does a statutory audit take?
For most SMEs with organised records, fieldwork takes a few days to a few weeks. Having your books maintained by our accounting team makes the audit faster and smoother.
What is the difference between internal and external audit?
An external (statutory) audit gives an independent opinion on your financial statements for shareholders and regulators. An internal audit reviews your processes and controls to improve efficiency and reduce risk.
Is a forensic audit confidential?
Yes. Forensic engagements are handled with strict confidentiality, and findings are reported only to the people you authorise.
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Learn moreReady to start or grow your business?
Book a free, no-obligation consultation. We reply within one business day.