Business
External companies conducting sustainability audits for corporations Kothari Auditors based in Dubai, UAE. External companies that are conducting sustainability audits for corporations offer accounting and audit services including audits required by corporations for taxation purposes (Porter, et.al., 2014). In case of Kothari Auditors, a well known external audit firm in Dubai, UAE, work for individuals as well as corporate firms. The audit methodology is extremely useful for the purpose of ensuring that the elements of a larger industrial organization can be used to conduct an audit and understand the operations of the organization completely. The audit firm helps firms consider their previous operations, industry standards and also forecasts by helping them maintain cost accounts, financial accounts and other documents. They also help joint stock companies with the shareholders reports and the balance sheets which help them understand and evaluate the performance of the organization (Official website of Kothari Auditors, n.d.). In this way, there has to be a complete analysis of the organization's performance and Kothari auditors makes this possible by providing external audit reports, corporate social responsibility reports and taxation reports. The objective of the audits conducted by Kothari auditors is to be able to understand the operations across the organization and to understand its operations in order to avail it with strategies and recommendations that can help the firm ensure better efficiency in the operations of the organization (Official website of Kothari Auditors, n.d.). The main objective is to conduct a full maintenance audit along with using the audit methodology and performing an in depth audit for the firm based on the audit methodology. In this way, it is possible to create a stronger level of service orientation as the firm presents a range of services based on the needs of the clients (Elliott & Elliott, 2013).
References
Elliott, B. & Elliott, J. (2013). Financial Accounting and Reporting, 16th ed. Pearson
Official website of Kothari Auditors. (n.d.). Retrieved from http://www.kothariauditors.com/
Porter, B., Simon, J. & Hatherly, D. (2014). Principles of External Auditing, 4th ed. John Wiley & Sons