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/ 01 — Assurance

Independent confidence in your numbers.

The role of assurance services in the running of a successful business has changed beyond just fulfilling statutory requirements. We offer appropriate and timely advice in addition to statutory reporting, which enables our clients to effectively handle issues requiring immediate attention and further assist them in taking informed decisions on timely basis.

0+

Years of practice

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Professionals

Category A

SBP-listed auditor

QCR Rated

by ICAP

BKR International

80+ countries

Assurance services at every layer.

Explored in depth below — six capabilities that together form the MZ assurance practice.

Corporate Reporting Improvement

Reporting more comprehensively on important non-financial assets can often improve the valuation of your company in capital markets. Research shows that investors and analysts consider financial reports by themselves to be of limited use in determining a company's prospects. That shouldn't be too surprising — management itself doesn't rely solely on financial information in running its business. A company's brands, market share, customer retention levels, and intellectual capital are of intense interest to investors.

MZ can assist organizations that need to ensure the quality and credibility of internal management information and external disclosures and, in particular, non-financial indicators. Our professional leadership on issues related to non-financial performance reporting, has not been limited to simply advocating reform. Instead, MZ can help its client in the practice of non-financial performance reporting with the development of Value Reporting — the most comprehensive and robust approach to reporting transparency available in the marketplace.

Financial Statements Audit

The financial statements audit has never been more important. In today's business environment there is more scrutiny and skepticism of a company's financial statements than ever before. Investors have lost faith in corporate governance and reporting and they expect more: greater reliability, more oversight and clear evidence of internal controls. Corporate management, boards and audit committees, internal and external auditors, analysts and other investment professionals all have important roles to play in rebuilding investor trust by executing their respective responsibilities, keeping in mind both legal obligations and the heightened expectations of investors. Meeting investor expectations begins with the completeness and accuracy of information contained in a company's financial statements.

For organisations that require an audit for statutory or regulatory reasons associated with the filing of their annual and periodic financial information, MZ can provide high quality audit services.

MZ's work takes into account all current and where appropriate, prospective auditing, accounting, and reporting regulations and guidance.

Sustainability Reporting

Shareholders expect company to generate profits. But, they also want company to assume its responsibilities to contribute to society while minimizing any negative effects on the environment. This approach to business — balancing economic interests against social and environmental concerns, is commonly referred to sustainability / corporate social responsibility (CSR).

Over the past decade, sustainability reporting has moved from the fringes of the business world to the top of shareholders' agenda just as it has for employees, regulators, and customers. Consequently, any miscalculation or misjudgment of issues related to sustainability can now have serious repercussions on how the world judges a company and values its equity.

For companies looking to improve business performance and create long-term shareholder value, MZ can help develop a corporate social responsibility (CSR) / sustainability strategy that focuses on key issues for your business and enhances relationships with key stakeholder groups.

We can assist our clients in the areas of corporate governance and business ethics, environmental health and safety management, social responsibility, strategy and economics, responsible supply-chain management, and reporting and assurance of non-financial information.

Independent Controls & Systems Process Assurance

In today's business world, IT and financial reporting environments are becoming increasingly complex while even greater reliance is being placed on the information produced by these systems and processes. In addition, new regulations in many countries have put a greater emphasis on internal controls and often require independent assurance of the effectiveness of internal controls. Attention to the design, documentation and operation of controls is critical to ensuring the accuracy and timeliness of information used for financial reporting and management decision-making.

MZ provides services related to controls around the financial reporting process, including financial business process and IT management controls.

Internal Audit

Internal audit function in today's world needs to walk on a fine line between providing assurance and consulting to management without impairing its objectivity and independence.

Maximising the value and effectiveness of the internal audit function requires an understanding of an organisation's objectives, risks, risk management priorities, regulatory environment, and the diverse needs of critical stakeholders including executive management, the board, employees, and shareholders. Ultimately, these needs determine the risk profile of the organisation and the strategic focus, organisation, resources and practices required of its internal audit department. We can assist organisations that need help improving the quality and effectiveness of their internal audit processes in a number of ways. First, by advising and assisting in the development of internal audit and risk management methodologies, including assessing whether the internal audit function is delivering effectively to stakeholders.

Second, by providing internal audit resourcing solutions, including full outsourcing or complementing in-house functions with specialist skills or geographical coverage. In addition, we can develop training for internal auditors using our extensive market and industry knowledge to create highly-tailored solutions.

Regulatory Compliance and Reporting

Regulatory compliance and reporting needs to be viewed as a natural extension of the governance duties entrusted on top management and corporate boards. Moreover, only good governance can ensure that compliance is aligned with the company's business objectives and risk management strategies — and is thereby adding real value (and not just cost) to the organisation. Ultimately, the goal is to ensure that the spirit of compliance — as well as the letter of the law — is embraced in every corner of the enterprise.

For all organisations engaged in activities that come under the control of a regulator, MZ provides support, advice, and assurance to help you manage your regulatory risks. In an ever-changing regulatory environment, we help ensure that you identify, manage, and control any existing and future regulatory risks. A proactive rather than a monitoring approach to regulation is now a full time strategic necessity.

MZ experienced regulatory risk specialists, who not only know the rules, but have also, implemented and assessed compliance against them. Our people can help at the strategic level — by maximising any competitive advantages from regulation through to the operational level and by minimising the costs and disruptions to business, thereby freeing up management time in the process.