Why Do You Need An Auditor - Thakur Chabert Limited

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Introduction
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Introduction
Auditors also help companies prepare for all
relevant federal, state, and international
regulations. An auditor performs one or more of
the following services general audit compliance
audit advance pricing agreement performance
audit.
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To further solidify their position, companies
today hire an external firm to monitor their
internal control systems and to verify that they
are properly performing their accounting
functions. External auditors are hired by
companies all over the world, especially in
emerging economies or emerging markets such as
China, India, Thailand and many other Southeast
Asian countries.
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Finding an approved auditor might not be easy
since there are so many new audit firms coming up
every day with advanced computer systems in place
that speed up information flow within the
organization. The companies with the biggest
auditing needs are usually large, complex and
cash-rich corporations that have the resources to
hire a professional firm.
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Since these businesses have been in the
competitive game for years, they need to make
sure they are making money and doing so in a
legal manner. In other words, they need an
external auditor to review their books of
accounts and scrutinize their financial
preparedness as a whole. Comparing financial
information between various departments can help
show that a company is competitively equipped to
compete globally, or even locally within its own
industry.
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Benefits of having an auditor
The advantage of using an auditor is that it is
less expensive than using other professional
services such as lawyers or accountants. For
example, if a company (XYZ Corp.) wanted to hire
a lawyer to look through their contracts, the
cost would be much more expensive than hiring an
auditor, which is why professional auditors are
becoming more necessary in todays world.
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We at Thakur Chabert provide high-end audit and
assurance services by adding value at every step
of the process through our proactive approach in
order to benefit your organization and protect
shareholders interests.
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