At Shrewd (TZ) Associates, we deliver comprehensive audit and assurance solutions designed to strengthen transparency, accountability, and compliance for organizations operating in Tanzania. Our services are conducted in line with International Standards on Auditing (ISA), International Financial Reporting Standards (IFRS), and the statutory framework of the National Board of Accountants and Auditors (NBAA) and the Public Audit Act, 2008 (CAP 418).
Annual Financial Statement Audits (Year-End)
We provide independent, risk-based audits of year-end financial statements to ensure accuracy, compliance with IFRS, and a true and fair view of an organization’s financial position. These audits enhance stakeholder confidence and meet regulatory requirements for investors, regulators, and governing bodies.
Internal Audit Services
Our firm offers objective internal audit services that evaluate the effectiveness of internal controls, governance structures, and risk management processes. By identifying weaknesses and recommending improvements, we help organizations strengthen operations, safeguard assets, and prevent fraud.
Project and Donor-Funded Audits
We conduct special-purpose audits for donor-funded projects in accordance with ISA 800, ISA 805, and donor-specific requirements. These audits verify that funds are utilized as intended, ensuring compliance with agreements, donor regulations, and national laws.
Government Audits
Shrewd (TZ) Associates performs independent audits for government institutions in line with the statutory framework of the National Audit Office of Tanzania (NAOT) and the Controller and Auditor General (CAG). Our work is guided by the Public Audit Act, 2008, ensuring accountability and transparency in the use of public resources.
Forensic Audits
We also provide forensic audit services to detect, investigate, and prevent fraud, financial mismanagement, and irregularities. Combining auditing expertise with investigative techniques, we deliver actionable insights that support legal proceedings, regulatory compliance, and corporate decision-making.