Audit & Assurance.
Our assurance line of service aids clients to enhance financial performances well as helping them improve their external financial reporting and adopting new regulatory requirements.
Internal Audit – Internal auditing is an objective assurance and consulting activity designed to add value and improve an organization’s operations. It can help an organization accomplish its strategic objectives by bringing a systematic, disciplined approach to evaluating and improving the effectiveness of risk management, control, and governance processes.
Risk Assurance Services – These provide an invaluable safeguard in today’s complex operating environment. We work with you in your boardrooms and back offices, helping you protect and strengthen every aspect of your business, from people to performance, systems to strategy, business plans to business resilience.
Spot Checks – Verification of specific components/outputs of a project to confirm whether project achievements are in line with the agreed/expected outputs.
Micro – assessments/ organizational risk assessments/ Management Capacity assessments – Understanding, evaluation and validating of an organization’s systems and processes to determine whether its systems, operations and internal controls can be reliant to manage donor funds.
Donor and regulatory compliance reviews – This involves reviews of compliance with donor agreement terms and conditions and other regulatory requirements.
Internal Control Assessments – Assessment of entity’s internal controls to confirm compliance with own policies and procedures and best practice.
Compilation Engagements – Work with clients to reconstruct/ compile financial information/statements in preparation for
auditor for management use.
Financial Monitoring – Application of audit skills and expertise to carry out a periodic verification of financial and non-financial information to provide comfort to donors on utilization of funds.
Asset Verification – Physical verification of assets to assist in checking the existence of the assets as well as completeness of asset records.
Financial Audits – This covers institutional audits and audits of donor-funded projects and is aimed at providing users of the assurance of the financial statements that financial records are maintained and financial statements prepared in accordance with the required accounting policies. This is achieved through the issuance of an audit opinion on the financial statements.
Procurement Reviews – Review of organization’s procurement processes to check they comply with the organization’s applicable policies and procedures.
Expenditure verification – Examination of supporting documentation to confirm whether expenditure reported is in compliance with set eligibility criteria
IPSAS/IFRS Implementation – This includes IPSAS/IFRS gap analysis, IFRS/IPSAS compliance checks, training, and capacity building as well as technical support in the transition to reporting using IFRS/IPSAS.
Technical assistance on financial reporting and consolidation of financial statements. – Mainly to entities with multiple self – reporting branches/ locations/subsidiaries.
Indirect cost rate engagements – Examination of an entity’s costs and structure to compute or audit its indirect cost rate for negotiation with its donors
Indirect cost rate engagements – Examination of an entity’s costs and structure to compute or audit its indirect cost rate for negotiation with its donors
Forensics Services –Independent evaluations of loss and damage arising from a breach of contract, investigations and analysis of claims by using local knowledge of business/ accounting practice, addressing fraud or asset misappropriation, response to bribery and/or corruption claims or the suspicion
of accounting manipulation or inappropriate/inadequate disclosure, compliance with anti – money laundering and other financial crime regulations and effectiveness of anti –fraud
programmes, controls over financial reporting
Get Exceptional Service For Growth
“Auditing needs to support clients in more ways than one. To start with, it should propel them to achieve their business objectives and goals using their financial & management insights gained over a period of time.”
~ CPA James Kimeu Nthiwa, Managing Partner
Advisory | Share Skills
We use our skills gained over a period of time to help your work to be smarter, quicker & focused.
Auditing & Assurance
The capital markets & investors use the information provided by us. We know our onus of responsibility!
Transparency | a keyword
Tax transparency & responsibility requires each of us to be accurate in the disclosure of statements.
Salute | the Enterprise
We salute your spirit of enterprise! Our passion for supporting you propels us forward.
Audit and Assurance
Taxation and Tax Compliance
Contact us
PO. Box 31831 – 00600 Nairobi
Phone: +254 726 143 955
Email: james@jameskimeuauditors.co.ke