Financial Audit

Navigating Complexity with Confidence.
We offer a comprehensive suite of audit services, including statutory, internal, and external audits, tax reviews, and forensic investigations. Our team of experts provides valuable insights and assurance, empowering businesses to make informed decisions, mitigate risks, and achieve sustainable growth.

1.Statutory Audits

We conduct mandatory statutory audits for companies and other entities to ensure that they comply with local laws and regulations. This involves an examination of financial statements and reporting on their accuracy.

2.Internal Audits

We support organizations that do not have internal audit departments to evaluate and improve the effectiveness of their risk management, control, and governance processes.

3.External Audits

We conduct External audits to provide an unbiased assessment of a company’s financial statements, internal controls, and compliance with regulations.

4.Tax Audits

The Kenya Revenue Authority through its Commissioner(s) has the power to issue notices to verify records to ascertain a self-assessment by a tax payer. We support our clients in reviewing & verifying tax returns that have been filed ensuring compliance with tax laws and regulations. In addition, we assist clients avoid tax-related penalties & liabilities.

5.Forensic Audits

We support organizations in investigating financial irregularities, fraud, and financial misconduct within an organization.

6.Special Purpose Audits

We conduct tailored audits to address specific concerns or objectives, such as evaluating the financial controls of a newly acquired subsidiary or compliance with loan covenants.

7.Performance Audits

We conduct audits to assess the efficiency and effectiveness of an organization’s operations, often with a focus on government entities or non-profit organizations.

• Financial statement analysis: Bon and Drew’s team carries out a thorough review and analysis of your financial statements to determine the accuracy of your financial records as well as compliance with local and international reporting standards. We also review your financial management system including; accounting policies, cash management procedures, information systems, and others. 
• Internal control review: We review your internal control processes including; authorizations for spending and purchasing, cash management policies and asset management. We do this in order to identify any weaknesses and provide solutions to help you avoid fraud and other problems later on.
• Performing audits of non-financial areas such as IT and health and safety.
• Assessing your organization’s risk management policy to determine efficiency.
• Reporting any fraud indicators that we discover.
• Compiling an audit report, sharing our findings and recommending solutions to the problems we discover.
• Providing you with formal opinions based on our findings.

All our financial audit activities are geared towards ensuring your financial records are accurate, helping you comply with rules set by regulatory bodies and ultimately, ensuring efficient operation of your organization.