Special Purpose Audit
Special purpose audits refer to those circumstances in which the auditor is required to report on specific financial information for specific purposes to specific users, in comparison with the general audit of financial statements. We assist our clients with non-statutory audits and other specific reviews. We conduct special purpose audit engagements, according to the International Standard on Auditing which includes audits of:
- A complete set of financial statements prepared in accordance with another comprehensive basis of accounting;
- A component of a complete set of general purpose or special purpose financial statements, such as a single financial statement, specified accounts, elements of accounts, or items in a financial statement;
- Compliance with contractual agreements; and
- Summarized financial statements
Our team has been engaged in special audit assignments for many sectors including NGOs and UNs as per the request of donors and funding agencies.