Is your business ready for the scrutiny its stakeholders require?
Review scope
- Purpose of assurance request
- Reporting deadlines
- Availability of reconciliations
- Evidence management
- Financial control documentation
- Previous findings
- Scope and cost of current professional work
- Project planning and audit coordination
Potential outcomes
- Readiness checklist
- Document gap analysis
- Defined specialist scope
- Timeline and a proposal covering professional fees and responsibilities where a new engagement is appropriate
Key questions to consider
Is the request statutory, contractual or voluntary?
Are records complete and traceable?
Is a registered auditor required?
Can your current accountant continue to act without creating independence concerns?
Freedom Global provides commercial cost review and introduction services. Formal audit and assurance work is delivered by a separately engaged eligible professional under its own engagement terms.
