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Accounting & Auditing

Accurate, standards-compliant financial statements and independent audit opinions that stakeholders and regulators can rely on.

ETAF Office delivers comprehensive accounting and independent auditing services built on strict adherence to Egyptian Accounting Standards (EAS), International Financial Reporting Standards (IFRS), and International Standards on Auditing (ISA). Our team of certified auditors examines financial records with rigorous objectivity, providing an independent opinion that protects the interests of shareholders, boards, lenders, and regulators.

We serve medium and large enterprises across manufacturing, services, retail, hospitality, and the non-profit sector. Our accounting work covers the full cycle — from daily journal entries and ledger maintenance to period-end close, consolidation, and the preparation of complete financial statement packages (balance sheet, income statement, cash-flow statement, and notes).

Our audit engagements go beyond a simple sign-off. We identify control weaknesses, flag accounting misstatements before they become regulatory issues, and provide a management letter with actionable recommendations. Clients consistently report that our audit process improves internal discipline and strengthens credibility with banks and investors.

  • Statutory external audits for Egyptian companies (per Companies Law 159/1981 and its amendments)
  • IFRS reporting packages for multinational subsidiaries and holding companies
  • Internal audit co-sourcing and quality-assurance reviews
  • Special-purpose audits: due diligence, forensic review, grant certification

What's Included

Full-cycle bookkeeping & ledger management
Financial statements prepared under EAS & IFRS
Independent statutory external audit opinion
Internal control review & management letter
Due-diligence & forensic audit engagements
IFRS consolidation packages for group reporting

How It Works

1

Engagement Planning

We assess the scope, risk profile, and regulatory requirements of your business. We agree on timelines, data-access protocols, and deliverables before a single document is reviewed.

2

Data Collection & Fieldwork

Our team collects trial balances, supporting schedules, bank reconciliations, contracts, and underlying documents. We conduct interviews with key personnel and perform substantive testing.

3

Analysis & Findings

We analyse financial data for accuracy, completeness, and compliance with applicable standards. Any discrepancies or control gaps are documented and discussed with management.

4

Draft Report Review

We share draft findings with management, allowing time to clarify or respond to observations before the final report is issued.

5

Final Report & Management Letter

We issue the signed audit report together with a management letter that highlights control weaknesses and recommends improvements — giving leadership a clear roadmap to stronger governance.


Frequently Asked Questions

What is the difference between accounting and auditing?
Accounting is the process of recording, classifying, and summarising financial transactions to produce financial statements. Auditing is an independent examination of those statements to verify their accuracy and compliance with relevant standards.
Is an external audit legally required for my company?
Under Egyptian Companies Law, joint-stock companies (S.A.E.) and certain limited liability companies above specified capital thresholds must appoint a licensed external auditor annually. We will confirm your specific obligation during the initial consultation.
How long does a standard audit engagement take?
Typically four to eight weeks from the date complete documentation is received, depending on the complexity of the business and the volume of transactions. We set clear milestones at the outset to minimise disruption to your team.
Can ETAF Office handle IFRS reporting for a foreign parent?
Yes. We prepare IFRS-compliant reporting packages and consolidation schedules for Egyptian subsidiaries whose parent companies report under IFRS in the US, Europe, or the Gulf.

Get in Touch

We are here to help you every step of the way

01119110330 Contact Us
+20 111 911 0330