SSNIT audits companies to ensure compliance with pension laws. Various difficulties can arise for organizations during these audits. In this article, we cover common issues in SSNIT audits and offer strategies to stay compliant. Some typical issues that arise: Inconsistent employee numbers Auditors may detect disparities in the recorded employee count and the actual number […]
Tag Archives: audit
12
Sep
Sep
We have a crisis of confidence in audits in Ghana. That audits matter hit home when some banks failed, and the Bank of Ghana stepped in to rescue the weak banks. The public asked, “where were the auditors”? “Can we trust our auditors”? We are acting to make sure you can count on our audits. […]
26
Aug
Aug
“How much will the audit cost? It is a fair question, but our response will be, “to give you a quote we need to know a bit about your business.” So, what factors go into deciding how much the audit will cost? The auditor’s constraints Audit and accounting standards control the auditor’s work. Whichever approach […]
04
Dec
Dec
There’s no denying, an audit can be a hassle. But it doesn’t have to be. And yes, it can throw up the odd unpleasant surprise – but in reality, it shouldn’t. So, how can you take the surprises and the hassle out of your annual audit? It’s simple: Be prepared. Want to learn how? Read […]
26
Sep
Sep
Did the auditors sleep on the job? Did they collude with the management? Can we even trust auditors? Ghanaians have been asking such questions ever since the Bank of Ghana withdrew the licenses of five banks. So, to better judge the work of an auditor, you must: Understand the objectives the auditor seeks to achieve. […]
10
Nov
Nov
Every so often, the Ghana Revenue Authority (GRA) may conduct an audit of a taxpayer. And the typical reaction when a taxpayer gets a notice of an audit is anxiety, and sometimes fear. That is perfectly understandable. However, the best way to combat this is preparation. Start by arranging your affairs on an ongoing basis, […]
