External audit

In the current climate firms’ financial statements are required to withstand the most detailed scrutiny due to high levels of corporate failure and resulting increasing levels of regulation. Financial statements are often the principal document viewed by investors and potential investors and need to be transparent, accurate and compliant.

Kinetic Partners offers a ‘client centric’ service by building long-term partnerships and providing best of breed solutions, thus ensuring our clients are kept informed of any developments that may influence their operations. Our team will play a significant role, taking a hands-on approach to completing the audit process. Our audit methodology is uniquely tailored to the financial services industry. We understand your business in detail as well as the processes and procedures in operation. Our work is based on our assessment of the risks and controls in your business and we will tailor our testing procedures accordingly – adopting a controls-based or substantive-based approach as necessary.

We recognise that communication is key to an efficient audit process. We provide to the Directors and the administrators a summary of our audit plan to meet the agreed timeframes, updates of the progress of our work, a review of our audit findings and updates on any industry and regulatory developments relevant to your business.

For further information please contact Deborah Weston or David King in our London office or David Walker in Cayman.