Audit & Assurance
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Audit & Assurance
Independence and rigor that provides confidence and transparency for stakeholders and society In the fast-moving world of business, comprehensive and objective auditing continues to be invaluable. Building public trust in company reporting enhances confidence that enables business relationships and facilitates efficient capital allocation, promoting investment and growth.
What we offer
Enhancing management oversight and strengthening stakeholder relationships
At Prolancers, we believe audit is critical to the economic foundations of a fair and prosperous world. Audit has been, and remains, a profession at the heart of our business. We work for the public interest and, by caring about the organisations we audit and their stakeholders, help to build sustainable businesses for the benefit of society as a whole.
Our approach
We work with a broad range of clients, from privately owned businesses to some of the largest corporations in the world.
With specialist teams dedicated to key markets and across all industry sectors, we can provide the expertise you need. Engaging Prolancersmeans that you will benefit from an integrated, cross-border team with a single point of contact.
Providing a quality audit means delivering insight, promoting transparency and providing constructive challenge, which leads to enhancing trust in how organisations report to their stakeholders. But it does not stop there: a robust, independent audit contributes to building a dependable control and governance framework to help future-proof the organisations we audit.
We believe audit is first and foremost about people. We focus on building positive, effective relationships that build trust and deliver demonstrable value. Each Prolancersaudit is unique. We take the time to understand the business model, culture and ecosystem of the audited company, and consider the needs of its stakeholders, tailoring the audit strategy to the specific risks identified.
Starting with a careful transition, and then throughout the audit process, we are in constant dialogue with all relevant stakeholders with clear, pragmatic and timely communication. We pride ourselves on our rigour, independence of thought, perseverance and robustness. Supported by the latest technology, global methodology and processes, we provide reliable, objective and insightful judgements and opinions.
Prolancerskeeps developing its audit offering through continuously investing in people, processes, training and technology. We have developed a suite of tools within Atlas, our global audit platform, to enable the delivery of consistent and efficient quality audits that deliver value. Our global audit innovation programme, ‘Reinventing Audit’ enables us to respond to the needs and interests of our clients identified through regular client surveys.
With this distinctive, human-centric approach, tools and programme, we deliver an augmented audit experience. One that goes beyond just compliance and contributes to the development of sustainable businesses, economies and societies.
Our tools & solutions
We empower our auditors with enhanced skills, processes and tools to deliver more consistency, more efficiency, and more value to the market.
Notably, Atlas, our bespoke, global audit platform has been designed to meet the needs of our integrated partnership and our international client base. It supports the sharing of knowledge and best practice and enable the delivery of seamless, integrated audits with multidirectional interaction between teams, facilitating the work of multi-skill and multi-jurisdiction teams.
We use data analytics in various audit areas such as journal entry testing, revenue recognition, and investments to better understand your business, assess your risks and deliver efficiencies that enable our teams to focus on the issues that really matter.
Our secure client portal solutions promote two-way communication during the audit process such as progress reports and observations on controls.
Our people
We are one, agile, integrated and collaborative team, across sectors, services and geographies. This means we combine specialist local knowledge with the international perspective that comes from being one single firm globally. We bring together the right people, with the right expertise, at the right time to provide seamless delivery.
Benefits
- Integrated Global Approach
- Human-Centric Audit Experience
- Advanced Audit Technology
- Data Analytics for In-Depth Insights
- Continuous Innovation and Development
- Rigorous Independence and Objectivity
- Enhanced Stakeholder Confidence:
- Tailored Risk Management:
- Clear and Timely Communication:
- Efficency through Advanced Technology
- Global Expertise with Local Insight:
Industries Served
Banking, Telecommunication, NGO's, Real Estate, Hospitality, Health, Public Serctor, restaurants & Cafes, Supermarkets & stores
Staff Experience
EY, Mazars, Delloitte
Confident decision-making fuelled by reliable information and processes
Reliable and credible information is high on stakeholders’ agendas, particularly in today’s world where data is widely available. Independent assurance provides confidence in the subject matter of that assurance engagement.
In addition to statutory audits, we perform a wide range of assurance engagements to help you meet regulatory requirements, ensure transparency and enhance stakeholder engagement.
Our approach
We perform independent assurance engagements which offer expert opinions on different areas of business performance and information. These opinions meet the requirements of international professional standards and enhance credibility and respond to the needs of stakeholders for greater transparency.
Prolancers can perform a wide range of assurance reviews, on diverse areas including:
- Internal controls, such as ISAE3402, SOC1 or SOC2, etc
- Human rights
- Corporate culture
- Anti-bribery and corruption
- Diversity and inclusion
- Data privacy or security
- Fraud
- Carbon emissions
- Non-financial disclosures included in corporate reports in line with local regulatory requirements
These enable organisations to:
Meet regulatory requirements Enhance stakeholder engagement through increased transparency, and gain competitive advantage with customers, investors, regulators and other stakeholders Improve external rating scores on ESG and other areas Match transparency expectations set by competition Enhance internal decision-making processes with more accurate and reliable information We can work with you to help you identify what level of assurance fits your needs, the expectations of your stakeholders, and the requirements of relevant reporting frameworks.
Our tools & solutions
Our teams apply consistent methodologies developed in compliance with international professional standards and follow our firm-wide independence and quality assurance policies, including some widely recognised and award-winning tools developed internally in collaboration with leading organisations. This includes the UN Guiding Principles Reporting Guidance and Assurance Framework, developed in partnership by Prolancers and Shift (the leading business and human rights non-profit organisation), which provides companies with a clear direction on how to assess their human rights credentials in line with international standards, helping to strengthen human rights performance and create long-term value for the business.
Our people
Our global team of professionals has a combined background in financial reporting and accounting knowledge with expertise in communications, engineering, science and operations. For each assignment we put together bespoke teams including experts from different backgrounds, with strong corporate, financial reporting and accounting knowledge and sustainability topics as well as industry specialists to meet your needs.
Industries Served:
Banking Telecommunication NGO's Real Estate Hospitality Health Public Serctor restaurants & Cafes Supermarkets & stores
Staff Experience
EY, Mazars, Delloitte
Tailored technical training for your specific needs We are dedicated to providing maximum value to our clients and offer a range of training services designed around specific business needs. These include accounting and audit regulatory training.
Our approach
Our professional training teams prepare and deliver industry-leading courses for your organisation, tailored and optimised to:
specific audiences, your company’s business processes, and your internal culture. Courses can either be designed as standalone training or as part of a learning journey, combining different learning formats. We leverage our technology, trainers’ experience and subject matter experts to deliver targeted and relevant training outcomes that ensure maximum engagement.
Industries Served
Banking, Telecommunication, NGO's, Real Estate, Hospitality, Health, Public Serctor, restaurants & Cafes, Supermarkets & stores
Staff Experience
EY, Mazars, Delloitte
Tell your story effectively and transparently to all your stakeholders
Good reporting offers a window into the culture of the organisation. Recent years have seen a stronger emphasis placed on reporting quality, with tighter regulation and rising demands from stakeholders. Companies must work harder than ever to tell their story. From fast-growing start-ups to established multinationals, we work with companies to help them communicate clearly and effectively.
Our approach
Demands for greater financial transparency and proof of organisational sustainability are coming from many sides, including regulators, investors, and other stakeholders. The result: today’s reports are expected to go beyond reporting financials and embrace strategy, quality of governance, remuneration schemes, and even the organisation’s impact on the environment, employees, society and other stakeholders.
This growing list of requirements has already placed a heavy burden on leadership teams and is likely to expand further. At Prolancers, we have a strong track record helping our clients to meet – and exceed – the very latest corporate reporting standards.
We bring together a team of professionals combining financial reporting and accounting knowledge with non-financial reporting expertise to deliver a pragmatic business approach.
We regularly support our clients offering them integrated solutions in the following areas:
- Implementing new accounting standards
- Addressing complexities arising from proposed new accounting standards and guidance
- GAAP conversions
- Mergers and acquisitions
- Consolidations support
- Group reorganisations
- Complex consolidations
- Financing structures
- Capital reductions
- Purchase price allocation valuations
- Share-based payment valuations
- Pension scheme arrangements
- Infrastructure projects
- Non-financial aspects
- Developing non-financial, integrated annual reports
- Assisting with establishing corporate governance risk disclosures
- Collecting and collating nonfinancial data to support reporting to management, the board and external disclosures
- Identifying key performance indicators
- Providing support on developing integrated reporting frameworks
- Our “Beyond the GAAP” monthly newsletter highlights our approach and our expertise, offering insights into the thinking of national and international accounting standards bodies plus other organisations that can affect corporate reporting such as securities regulators.
Our tools & solutions
We have a continuous innovation process to design and develop bespoke tools and solutions that support our work and help us provide more value and better insights.
Our people
We have professionals dedicated to the analysis of emerging accounting and corporate reporting standards, familiar with regulatory requirements in different parts of the world and with extensive experience across different industries.
Members of our team meet regularly with policymakers, participate in industry working groups and collaborate as one global, integrated team to share knowledge and best practice, meaning we are well placed to be proactive in advising our clients on the forthcoming standards and their implications.
Industries Served:
Banking Telecommunication NGO's Real Estate Hospitality Health Public Serctor restaurants & Cafes Supermarkets & stores
Staff Experience
EY, Mazars, Delloitte
Through our audit and assurance work, we deliver insight and promote transparency. We believe constructive challenge, based on mutual trust and respect, builds confidence in how organizations report to their stakeholders. It is this robust approach that ensures a Prolancers audit delivers full benefits to a company, its shareholders and its other stakeholders. It also ensures maximum benefit for society, contributing to the development of sustainable businesses and economies.