Audit and assurance

An audit should leave a business better informed than it was before, not merely compliant. Ours are run that way.

An auditor examining a printed financial statement with a pen

What we do

Financial statement audit

Independent examination of your annual financial statements, planned around where the real risk sits rather than where testing is easiest. Performed to ICAG standards, signed by an ICAG practising member, with a management letter your board can act on.

Internal audit

Risk-based reviews of how money, stock and information actually move through the business, as opposed to how the procedure manual says they do. The gap between the two is where losses live.

Controls reviews

Design and testing of the controls that matter most in growing businesses: payments, payroll, procurement, stock and mobile money. Every finding comes with a practical fix.

Agreed-upon procedures and reviews

Where a full audit is not required or not proportionate: a limited review, or specific procedures requested by a lender, a board or a donor. Narrower scope, faster turnaround.

Donor and programme audits

Audits of grant-funded programmes performed to the funder's terms of reference and reported in the format they require.

Year-end readiness

Reconciliations, schedules and supporting documents put in order before fieldwork begins, so the audit runs in days rather than weeks.

Auditors who also build systems

Because our firm also builds the systems that generate accounting data, we read a client's systems quickly. An auditor who has built an invoicing workflow spots a broken one faster than one who has only ever reviewed printouts.

It also means a finding does not have to end in the report. When we identify a control weakness, we can tell you exactly what it would take to close it, and, where independence allows, a separate team can build the fix.

We plan around your calendar. If your year end is December and your bank wants statements in March, that date drives the fieldwork schedule.

How an audit runs

Planning

We understand the business, its systems and its risks, agree the timetable and send a full request list.

Fieldwork

Testing focused on where misstatement is most likely, with regular updates rather than surprises at the end.

Findings

Issues are discussed with management as they arise, so nothing in the final report is new to you.

Report

The audit report and a management letter written in plain language, with practical recommendations.

Common questions

When does a company in Ghana need a statutory audit?

It depends on the type of company, its regulator and what its lenders or shareholders require. Tell us your situation and we will tell you plainly whether you need a statutory audit, a review, or neither. Many businesses are told they need one when they do not.

How long does an audit take?

For a small to mid-sized company with reasonable records, fieldwork usually runs one to three weeks, with reporting after. Incomplete records are what extend an audit, far more than business complexity.

Our records are not in good shape. Can you still help?

Yes. Accounting clean-up is separate work and has to come first. We scope and price the two separately so you can see the cost of each, and where we prepare the statements, a separate team performs the audit.

What do you need from us to start?

Prior year financial statements, the trial balance, bank and mobile money statements, and access to whoever keeps the records. We send a complete request list once the engagement is agreed.

Planning an audit, a tax review or an automation project?

Send us a request for proposal. We reply with a scoped approach and a fee, not a sales call.