Audit & Assurance
External audit is a dynamic management tool for managing risk. Our audits give Directors, management and stakeholders confidence that the organization’s affairs are well run and its financial statements present a true and fair view.
Our Methodology
Planning
We plan every audit using preliminary data such as the trial balance and draft accounts, focusing on risk areas and the time needed to complete the work.
Risk Based Approach
We assess risk at the planning stage and concentrate our effort on the high-risk areas of your financial statements.
Understanding Your Business
We gain a thorough knowledge of your operations, your control systems and the economic environment you operate in.
International Standards
Our audits follow the International Standards on Auditing, and all work is planned, controlled, recorded and reviewed.
True and Fair View
Our opinion confirms whether your financial statements are free of material misstatement and prepared in accordance with IFRS and the relevant statutes.
Management Involvement
We keep the Directors and management informed throughout, and a senior team member is on site for the whole audit to resolve issues as they arise.
Governance, Controls and IT Assurance
We also review your corporate governance, internal controls and IT environment against best practice, including compliance with IFAC standards and its Code of Ethics.
Your Needs, Our Response
You Need
A sound audit that covers critical areas and minimizes the risk of fraud.
We Provide
A partner-led audit using streamlined techniques focused on high-risk areas.
You Get
Consistently high quality work and practical recommendations to improve your controls.
You Need
Prompt access to partners and fast completion.
We Provide
Partners involved at every stage, with a clear timetable and firm focus on deadlines.
You Get
Personalized attention and audits completed on time.
You Need
Value added services.
We Provide
A sound knowledge of your business, with your areas of concern built into the audit plan.
You Get
Insight beyond compliance, and costs that are well justified.
How We Work With You
Meeting Your Deadlines
We perform much of our audit work during the year so you get early clearance on your financial statements.
Accounting Advice
We advise management on the correct accounting treatment under IFRS, drawing on experience across many sectors.
Compliance and Tax Checks
We review regulatory compliance and tax obligations that come to our notice, with more detailed reviews available from our tax advisors.
Continuous Communication
We meet the Directors at the start and completion of every audit, and stay available for questions throughout.
Professional Fees
Our fees are based on the time spent by partners and staff, and are always negotiated and agreed with you. Our risk based approach directs effort where it matters most, keeping fees at the most reasonable level.
Talk to Us About Your Audit
Call 0736 550 930 or 0746 445 127, email info@njugunakioi.co.ke, or send us an enquiry.