Auditing Services

Welcome to BBK Partnership Professional Audit Services

At BBK Partnership, we pride ourselves on delivering comprehensive and reliable audit services tailored to meet the diverse needs of businesses across Sri Lanka and beyond. With over three decades of industry experience, our audit team brings together deep expertise, global standards, and local insights to ensure the highest level of assurance and integrity for your financial reporting. We understand that every organisation operates in a unique environment, facing its own set of challenges and regulatory requirements. That’s why we take a personalised, client-centric approach, working closely with your management team to understand your operations, identify key risks, and deliver actionable insights that drive business improvement.

Our professional audit services go beyond statutory compliance we are committed to enhancing stakeholder confidence, uncovering operational inefficiencies, and strengthening your internal controls. By leveraging advanced audit methodologies and digital tools, we ensure a seamless, transparent, and minimally disruptive audit process. From small enterprises to large corporations, our services cover statutory audits, internal audits, compliance reviews, forensic examinations, and special purpose engagements. At every stage, we maintain strict confidentiality and uphold the highest ethical standards, giving you the peace of mind that your business is in trusted hands.

Choose BBK Partnership for a truly professional audit experience where integrity, expertise, and personalised service come together to help you achieve your financial and strategic goals.

Why Choose BBK Partnership for Auditing?

Extensive Experience & Expertise:
With decades of auditing experience in Sri Lanka and the UK, BBK Partnership brings in-depth knowledge across a wide range of industries. Our team of qualified professionals (CA, ACCA, CPA) is adept at handling complex financial structures and staying updated with evolving regulations.

Independent & Unbiased Assessments:
As an independent audit firm, we provide objective, unbiased evaluations of your financial statements. Our independence assures stakeholders that your audit reports are reliable and free from conflicts of interest.

Tailored Audit Services:
We understand that every business is unique. BBK Partnership customizes audit procedures based on your industry, size, and risk profile, ensuring maximum value and relevance from every engagement.

Cutting-Edge Technology:
Our audits are powered by advanced digital tools and data analytics, improving accuracy, efficiency, and the depth of insights. This means faster turnaround times and more actionable recommendations for your management team.

Transparent Communication:
We maintain clear, proactive communication at every stage of the audit process. You’ll always know what to expect, with regular updates, open dialogue, and comprehensive feedback after each audit phase.

Proactive Risk Identification:
Our risk-based approach helps identify weaknesses, fraud risks, and control gaps early. We don’t just report issues; we provide practical recommendations to strengthen your internal controls and enhance compliance.

Minimal Disruption to Your Operations:
Our team works flexibly to fit your schedule, minimizing interruptions to your day-to-day business. We coordinate closely with your staff and use secure digital platforms for information exchange.

Comprehensive Reporting & Support:
BBK delivers clear, easy-to-understand reports, along with post-audit presentations and actionable advice. We’re available year-round for follow-up queries, ongoing compliance, and support.

Strong Local & International Presence:
As a firm with roots in both Sri Lanka and the UK, BBK Partnership offers clients the benefit of local expertise with global best practices. This cross-border perspective is especially valuable for businesses with international operations or aspirations.

Commitment to Confidentiality:
Your data and business information are always handled with strict confidentiality. We adhere to the highest ethical standards, ensuring your sensitive information remains protected at all times.

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Brochures

Download our latest 2025 Accountants Brochure to discover our full range of professional services and see how BBK Partnership can support your business.

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Characteristics

At BBK Partnership, we deliver a comprehensive range of auditing services to ensure your financial operations are transparent, compliant, and strategically aligned with your business goals. With over 36 years of experience in Sri Lanka and the UK, our audits go beyond the numbers to provide actionable insights that add real value.

Statutory Audits

We provide independent statutory audits that comply with local and international standards. Our approach not only fulfills regulatory obligations but also strengthens stakeholder confidence through accurate, reliable reporting.

Internal Audits

Our internal audit services are designed to assess and enhance your organisation’s internal controls, governance, and risk management. We help identify inefficiencies, mitigate risks, and improve operational effectiveness.

Tax Audits

BBK Partnership conducts tax audits that keep your business compliant with Inland Revenue regulations while identifying opportunities for tax optimisation. We guide you to avoid penalties and maximise tax efficiency.

Forensic Audits

When fraud or financial discrepancies are suspected, our forensic audit team uncovers the facts with discretion and precision. We document evidence and support legal proceedings where necessary.

Management Audits

Our management audits evaluate the efficiency and effectiveness of your business processes. We assess strategic alignment and operational performance, providing recommendations to boost productivity and profitability.

Compliance Audits

Stay on the right side of regulators with our compliance audits. We help you navigate industry-specific rules and financial reporting standards, ensuring you meet all statutory and professional obligations.

Special Purpose Audits

Whether for mergers, acquisitions, grant reporting, or lender requirements, our special purpose audits are tailored to your unique business needs with speed and accuracy.

IT & Systems Audits

As digital transformation accelerates, we help ensure your IT systems are secure and compliant. Our IT audits evaluate data integrity, cybersecurity, and system controls to safeguard your digital assets.

Initial Consultation & Engagement

The audit starts with a meeting to understand your business needs and agree on the scope, timelines, and expectations. An engagement letter is signed to formalize the process.

Audit Planning

Auditors prepare a plan based on your business risks and requirements. This ensures the audit is focused, efficient, and tailored to your operations.

Information & Document Collection

You provide the required financial records and documents, such as statements, ledgers, and contracts. This forms the foundation for the audit.

Fieldwork (Audit Execution)

Auditors review records, test transactions, and assess controls either on-site or remotely. They may interview staff and management to clarify processes.

Evaluation & Analysis

Findings are analyzed to spot any discrepancies or risks. Auditors may request further details to confirm compliance with standards.

Draft Report & Feedback

A draft report is shared, summarizing key findings and recommendations. Management can review and provide feedback before the report is finalized.

Final Report & Presentation

The final audit report is delivered, highlighting findings and offering practical advice. Auditors may present results to management or stakeholders if needed.

Follow-Up & Support

Auditors may follow up to check if recommendations are implemented and offer ongoing support for any further audit or compliance needs.

Total Confidentiality

We safeguard your financial data and business information with strict protocols and secure systems, ensuring privacy throughout the audit process.

Deep Industry Expertise

Our experienced auditors have sector-specific knowledge, allowing us to address your unique regulatory and business challenges.

Proactive Regulatory Compliance

We keep your business up-to-date with changing regulations and compliance requirements, helping you avoid penalties and stay ahead.

Personalized Client Service

A dedicated audit manager is assigned to you, providing a single point of contact and ensuring responsive, personalized service.

Efficient and Transparent Process

Our streamlined audit approach uses digital tools and clear timelines, minimizing disruption and keeping you informed at every step.

Actionable Insights and Recommendations

We go beyond compliance, offering practical recommendations to help you manage risks and improve internal controls.

One-Stop Audit and Advisory Solution

From statutory audits to business consulting, we provide all audit and advisory services you need in one place.

Long-Term Partnership Approach

We focus on building ongoing relationships, supporting your business year-round and not just during audit season.

Leading Manufacturing Group

CFO

BBK Partnership transformed our audit experience. Their team identified risks we never saw and helped us tighten our controls. Their professionalism and communication gave our board and investors real peace of mind.

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FAQ

You can learn more from our asked questions

Our Frequently Asked Questions provide clear, practical answers on everything from getting started to digital solutions, tax compliance, and more. Explore the topics below to gain deeper insight into how BBK Partnership can support your business at every stage. If you can’t find the answer you need, our team is always ready to help just reach out!

What are auditing services?

At BBK Partnership, our auditing services involve the independent examination of a company’s financial statements and operations to ensure accuracy, transparency, and compliance with accounting standards and regulatory requirements. These services provide assurance to stakeholders such as investors, lenders, and board members regarding the credibility and reliability of your financial information.

Why is an audit by BBK Partnership important for my business?

An audit conducted by BBK Partnership adds trust and credibility to your financial records, making it easier to attract investment, secure financing, and maintain strong relationships with key stakeholders. Additionally, audits help identify potential errors, inefficiencies, or risks, enabling management to implement corrective actions and strengthen internal controls.

What types of audits does BBK Partnership offer?

We offer a comprehensive range of audits including statutory audits, internal audits, compliance audits, forensic audits, and special purpose audits. Each audit engagement is tailored to meet your business objectives while ensuring full alignment with regulatory and industry-specific requirements.

How long does an audit by BBK Partnership usually take?

The time required for an audit depends on the size and complexity of your business. On average, a typical audit at BBK Partnership takes between two to six weeks from planning and fieldwork to reporting. Our team ensures timelines are met without compromising on the quality of service.

Will a BBK Partnership audit disrupt my day-to-day operations?

We understand the importance of maintaining business continuity. Our audit approach is designed to be as seamless and non-intrusive as possible. Our team coordinates closely with your internal staff to schedule site visits, data collection, and interviews in a way that minimises any disruption to your normal operations.

What documents do I need to provide for a BBK Partnership audit?

To begin the audit process, BBK Partnership will provide you with a checklist of required documents, which typically include financial statements, bank reconciliations, sales and purchase records, tax filings, payroll registers, and any relevant contracts or agreements. We assist in gathering this information efficiently to ensure the audit proceeds smoothly.

Are BBK Partnership auditors qualified and experienced?

Yes. Our audit team consists of highly qualified Chartered Accountants and certified professionals with in-depth knowledge across various sectors. BBK Partnership stays continually updated on evolving audit standards, ensuring each engagement meets the highest professional and regulatory benchmarks.

How much do BBK Partnership auditing services cost?

Our audit fees are based on the nature and scope of the engagement, as well as the size and complexity of your organisation. BBK Partnership believes in transparent pricing after an initial consultation, we provide a detailed proposal outlining the services included and the associated fees, with no hidden costs.