Plan around risk
Agree scope and timing, understand the business and identify the areas most likely to affect the reported information.
Our services
Audit & Assurance
Independent assurance informed by your organization, its risks and the standards that apply to it.
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Support shaped around your organization.
An effective audit starts with an understanding of the organization: how it operates, where significant transactions arise, which reporting requirements apply and what stakeholders need from the financial statements. Macliff's profile describes a risk-based methodology that connects planning, testing, control evaluation and clear reporting.
The scope may include statutory or compliance audits, internal audit, forensic or investigative work, or a focused review of financial reporting and controls. The purpose, criteria and deliverables are agreed at the outset so management knows what the engagement will address.
Areas of support
01
Statutory and financial statement audits
Assess financial statements and supporting evidence against the applicable reporting framework, then communicate an independent opinion where the engagement requires one.
02
Compliance and special-purpose audits
Examine records and processes against agreed statutory, regulatory, donor or contractual requirements, with findings tied to the specified criteria.
03
Internal audit and control reviews
Review selected processes, test how controls operate and report on weaknesses and practical improvements for management consideration.
04
Forensic and investigative assignments
Plan a focused examination of transactions, records or allegations, preserving a clear distinction between evidence, findings and conclusions.
Our approach
Technical work, clearly explained.
Our risk-based process moves from planning and assessment through testing, internal control evaluation and reporting. Engagement leaders stay involved throughout.
When this support is useful
- Annual reporting or a statutory audit requirement
- A funder, regulator or board requesting independent assurance
- Concerns about control weaknesses, unusual transactions or reporting quality
What an engagement may deliver
- An audit or assurance report where applicable
- A management letter or findings report if included in scope
- Clear discussion of significant accounting and control matters
Professional context: IAASB: ISA 315 risk assessment International audit guidance explains why identifying and assessing risk shapes the auditor's response.
How we work
A clear path from question to action.
Every assignment is scoped to the organization, its objectives and the information available.
Gather and evaluate evidence
Review records, test selected transactions and balances, and consider relevant controls in light of the assessed risks.
Discuss and report
Raise significant matters with management, complete quality review and issue the reports specified in the engagement terms.
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