The key to any successful audit is good communication from the outset. The most effective approach is for us to spend time really getting to know your business. Your objectives are at the heart of any audit, and our work focuses on what matters most to your business. This means that when we deliver our observations and recommendations, you can implement them knowing that they are relevant and proportional to you.
During the audit, we give you a realistic timetable and alert you to delivery milestones so we can keep things on track. We talk to you about what we find early on, giving you time to reassess and plan for any unforeseen results. Because we are an independent company, we can be flexible and tailor our approach to your needs.
The service and advice you receive is wholly specialist, with easy access to partners and managers who have chosen to work solely in the not-for-profit sector.
Our audit work is performed under International Standards on Auditing (ISAs) and meets all requirements of law and regulation for your business. It includes a combination of tests of controls, substantive testing and analytical procedures. We focus on the key areas of your business limiting any unnecessary testing. We adopt a risk based approach and focus on areas that we consider to have a higher risk of having a material impact upon the financial statements.
In addition to external/statutory audit, our assurance services include independent examinations, funder audits, additional assurance and internal compliance engagements, as well as due diligence assignments.