While financial statement audits and reviews can provide invaluable business insight, we believe business leaders need assurance that goes beyond the traditional external audit. Too much narrow focus on the financial statements, which by their nature can only look to the past, is no longer sufficient. Let us move forward.
After all, deciding which risks are worth taking is challenging enough, but what about when decisions must be based on information, systems or processes that are inaccurate, ambiguous or simply unknown? Without the right level of assurance it's difficult to know if governance and risk management are at the right level. Risk management then becomes risk exposure.
Some questions you might consider include:
- Do you need greater assurance over processes, systems and controls capturing data to be submitted to regulators and grant providers, or comfort over information and data to be submitted to regulators and grant providers?
- If you report your sustainability performance in your annual report, or as a separate ESG (Environmental, Social, and Corporate Governance) report, do you need an independent opinion for your key stakeholders?
- Do your financing banks require independent assurance reporting over compliance with debt terms?
- Would greater assurance over the capture, processing or accounting of revenue help identify cash or profit generation opportunities or risk points for revenue losses and control deficiencies?
If you are required to prepare various forms of reporting, including prospective financial information, as part of your IPO process, is an independent auditor’s opinion needed?
At KPMG our service is as much about helping businesses capitalise on new opportunities as it is about mitigating risk. As auditors we apply the same skills, rigour and robust challenge to many areas of your business that cannot easily be quantified and measured.
However complex and unique your assurance needs, we can provide the information you need to move forward with confidence. By drawing upon the right mix of skills from our Advisory and Tax experts, we will ensure you get the support you need.
Services are provided in the following areas:
- reports on financial information prepared for initial public offerings and stock exchange listings;
- assurance on compliance with regulatory and contractual conditions (including EU and other grant audits and agreed-upon procedures assignments);
- assurance on revenue;
- assurance on future/forecasts;
- assurance on sustainability;
- other assurance services specifically tailored to your circumstances.
