Welcome to
TNS Associations
At TNS Associations, we are committed to providing top-notch Audit, Tax, and Advisory services to businesses and individuals across Colombo and beyond. With a legacy of excellence and a team of experienced professionals, we have built a reputation as a trusted partner in navigating the complexities of the financial landscape.
Our Story
Founded on the principles of integrity, professionalism, and client-focused service, TNS Associations has grown to become a leading firm in the industry. Over the years, we have helped numerous clients achieve their financial goals, streamline their operations, and enhance their business performance. Our dedication to quality and excellence has been the cornerstone of our success.
Our Vision
To be the most trusted and respected firm by providing an innovative and practical service that contribute to client’s success in an exceptional team environment.
Our Mission
- Building Trust: Establishing trust and confidence among stakeholders, including investors, regulators, and the public.
- Quality Assurance of Financial Statements: Ensuring that financial statements accurately represent the financial position and performance of the audited entity.
- Independence and Objectivity: Maintaining independence and objectivity in the audit process to provide unbiased opinions.
- Compliance and Integrity: Upholding ethical standards and regulatory requirements in conducting audits.
- Adding Value: Contributing to the improvement of business processes and internal controls for clients.
- Professionalism and Excellence: Commitment to delivering high-quality audit services that meet professional standards and exceed client expectations.
Objective
- Provide Assurance: The primary objective is to provide assurance on the financial statements of clients. This involves verifying that the financial statements are free from material misstatement and are presented fairly in accordance with applicable accounting standards.
- Enhance Credibility: Audit firms aim to enhance the credibility and reliability of financial information for stakeholders, including investors, lenders, regulators, and the public. By providing independent and objective opinions, they help stakeholders make informed decisions.
- Ensure Compliance: Audit firms work to ensure that clients comply with relevant laws, regulations, and accounting standards. This involves assessing whether financial statements comply with Generally Accepted Accounting Principles (GAAP) or International Financial Reporting Standards (IFRS), as applicable.
- Detect and Prevent Fraud: Another objective is to detect and prevent fraud and errors in financial reporting. Audit procedures are designed to identify red flags and irregularities that may indicate fraudulent activities or misstatements.
- Improve Efficiency: Audit firms often aim to improve the efficiency and effectiveness of clients’ internal controls and financial reporting processes. This can lead to cost savings, better risk management, and smoother operations.
- Provide Value-Added Services: Beyond traditional audit services, audit firms may offer value-added services such as advisory, consulting, and tax services. These services aim to support clients in achieving their business objectives and addressing financial challenges.
- Maintain Independence and Professionalism: Maintaining independence and adhering to professional standards and ethics is a critical objective for audit firms. Independence ensures unbiased opinions and maintains the integrity of the audit process.
Training & developments
Staff training and development to maintain the professional development.
Finance Management & Consultation Services
Finance Management and consultation services at TNS Associates aim to help businesses optimize their financial resources, manage liquidity effectively, and navigate financial risks in a dynamic business environment. These services are essential for maintaining financial stability, supporting growth initiatives, and enhancing overall corporate governance and compliance.
Provide professional consultancy to client for better improvement on their business.