Audit and Assurance

The engagement

We undertake audit and assurance assignments subject to eligibility, independence and applicable professional requirements. The nature of the engagement determines the procedures performed and the report issued.

Scope of work

• Statutory audit assignments where eligible
• Bank statutory, branch and concurrent audits
• Government and public-sector audits
• Tax audit and applicable reporting assignments
• Grant-funded and project audit assignments
• Other assurance engagements with an agreed reporting basis

Engagement deliverables

The deliverable depends on the assignment and may comprise an audit report, assurance report or internal audit findings. Management remains responsible for its records, financial statements and controls.

How the work begins

1. Describe the requirement. Identify the entity, proposed transaction or matter and any deadline.
2. Review acceptance and scope. We assess the facts, competence, independence and other relevant professional requirements.
3. Agree written terms. Confirm responsibilities, records, deliverables and the intended use of the work.

Common question