- To perform Audits in order to ascertain the vaidity and reliability of information; also to provide an assessment of a system's internal control.
- To provide only reasonable assurance that the statements are free from material error.
- To ensure that financial statements are true and fair and are free of material misstatements - a concept influenced by both quantitative and qualitative factors.
- To make an independent assessment of the fairness by which a company's financial statements are presented by its management. TAM Associates ensure that this is performed by competent, independent and objective person(s) known as auditors or accountants.
- To ensure that financial systems of our clients adhere to generally accepted standards set by governing bodies regulating businesses; these standards simply provide assurance for third parties or external users that such statements present a company's financial condition and results of operations 'fairly'.
- To perform quality audits: Quality audits are performed to verify the effectiveness of a quality management system. Quality audits are essential to verify the existence of objective evidence of processes, to assess how successfully processes have been implemented, for judging the effectiveness of achieving any defined target levels, providing evidence concerning reduction and elimination of problem areas and are a hands-on management tool for achieving continual improvement in an organization.
- To act as external auditors to organizations. External auditors are independent staff assigned by an auditing firm to assess and evaluate financial statements of their clients or to perform other agreed-upon evaluations.