The purpose of statutory audit
A statutory audit provides users of financial statements with a reasonable level of assurance. It also helps organizations satisfy annual reporting requirements and the needs of regulators or other interested parties.
Our audit work
We plan and perform engagements in response to the organization’s reporting framework, applicable statutes and operating environment. Supplementary reporting can be scoped where a regulator or stakeholder has additional requirements.
Sector experience recorded in our profile
- Companies and commercial organizations
- Banks and microfinance institutions
- Stockbrokers
- Insurance companies and brokers
- Parastatal bodies
- Cooperative societies and SACCOs
- Charities
Clear communication
Audit quality depends on disciplined evidence gathering, professional judgment and timely communication with those responsible for governance.
