Services
Audit and Governance
Audit, risk and governance questions considered in the context of your organisation.
Scope of Services
Discuss your audit and governance requirements with the firm. The nature of the work, applicable professional requirements and suitability of an engagement need to be established before any assignment is agreed.
Professional scrutiny gives financial information an appropriate basis for examination. Governance concerns how responsibilities, oversight and decisions are organised. Considered together, these disciplines help an organisation ask whether its records, controls and reporting support accountability—while recognising that the objective of an audit is distinct from general advisory work.
Questions worth clarifying
- What is the purpose of the proposed work, and who will use its findings?
- Are records, explanations and supporting evidence available for review?
- Where are responsibilities for oversight and follow-up unclear?
- Which risks or reporting concerns need a more structured examination?
The documented service areas
Audit
An audit enquiry begins with the financial information or requirement concerned, the intended users and the applicable professional framework. The type of assignment, eligibility, independence and scope must be established before work is accepted. The website does not list every audit type as an available service.
Risk
Risk-related questions may concern gaps in information, unclear responsibilities or uncertainty in a process. Define the issue and its business context so that the nature of any proposed review can be discussed. Risk work does not automatically provide audit assurance.
Governance & Compliance
Governance and compliance discussions focus on responsibilities, supporting documentation and appropriate oversight within the agreed scope. Clear reporting should distinguish observations, unresolved questions and matters for management consideration.
A considered engagement approach
Establish the objective first. Identify the information under consideration, relevant requirements, responsibilities and intended reporting. During the assignment, questions about evidence or explanations need a clear route for resolution. Findings and any follow-up should be communicated within the engagement’s defined purpose, without confusing advisory observations with an assurance opinion.
Information to prepare
- A description of the audit or governance requirement and intended use of the work
- Relevant financial statements, ledgers and reconciliations, where applicable
- Available supporting documents, prior reports and correspondence relevant to the matter
- An outline of responsibilities, processes and people able to explain the information
- Details of external requirements or agreed milestones affecting the assignment
Describe available records in your initial enquiry. Detailed or sensitive documents should be shared only through separately agreed arrangements.
Practical value and appropriate limits
A well-defined assignment can make the basis of financial information and areas requiring attention clearer. Sound documentation and communicated findings support informed oversight. The value lies in an appropriate professional assessment and a clear understanding of what has—and has not—been examined.
An audit does not guarantee the detection of every error or irregularity. Assurance, where provided, depends on the applicable standard and agreed engagement. Management responsibilities remain with management; advice or a review of controls is not a substitute for maintaining records and effective oversight.
Areas for Discussion
- Audit
- Risk
- Governance & Compliance
Frequently asked questions
Related Services
General information only. Website content is not a substitute for professional advice based on the facts of an engagement.