DETAILED ASSESSMENT, DECISIVE ASSURANCE Led by Andy Shaw, with experience of the role of Head of Internal Audit for many public sector bodies, Higher Education Institutions and charities, our audit and assurance team provides: Internal Audit Projects – focusing on specific high risk areas of your organisation, or responding to emerging risks. We will help identify these areas and tailor our internal audit fieldwork to address them. Risk Management Services – helping you develop effective risk management policies and procedures. This typically involves setting up risk workshops with management and Boards, helping you form risk registers and preparing assurance maps that will identify areas of missing or duplicated assurance.
WORKING WITH YOU AND FOR YOU Two further major strands of our internal audit service are: Co-sourced Internal Audit Services – where we support your in-house team on joint engagements. This gives you the flexibility to increase capacity and/or access to our specialist expertise, to deliver the annual audit plan whilst still retaining control over audit activities. Outsourced Internal Audit Services – where we fulfil the role of Head of Internal Audit. This includes forming the risk-based audit plan, conducting fieldwork to address the risks and reporting with our opinion on the effectiveness of your governance and controls. You’ll benefit from an expert resource on a cost-effective basis, with audit plans scaled to reflect your organisation’s risks and budgets.
AAB's expertise in the complex topic of Disguised Remuneration and Employment Related Security legislation allowed the various tax implications of our company share incentive plan to be identified and gain approval from HMRC.Alan Pearson, Tendek
The secondment support provided by AAB helped us streamline our accounting processes and enabled us to produce automated management reports from our accounting software. We have seen real benefits in the quality and timeliness of our information.Charlie Parker, John Lawrie Group
The Corporate Finance team at AAB understood our business and led us towards concluding a tremendous deal. The team at AAB were thorough, proactive and efficient showing command and control of all the key elements of getting a deal done.Keith Wallace, EPC Offshore
Blog12th Feb 2024Six Ways You Can Prepare Your Charity For A Successful AuditHere at AAB, we support a number of charities and not-for-profit organisations with their audits. Being able to help these amazing organisations is a privilege and our teams love working alongside these businesses. However, we know that many people may…By Emily JacksonView more
Blog21st Dec 20232023 Business Unit Year In ReviewOxford recently released their word of the year for 2023 and it was “rizz”. If we had to pick a word for our year it would be ‘growth’. You might have heard us talk about our growth journey a time…By John BeeversView more
Blog27th May 2021Assurance vs Audit: What is the Difference?Understanding the difference between assurance and an external audit will help you get the most out of these procedures, explains Donal McGibbon… Demand for assurance and audit services has increased in recent years, partly because many business grants and supports…By Dónal McGibbonView more
Blog24th Feb 2021What is the Purpose of an External Audit?While business owners sometimes question the value of external audit, there can be strong business benefits to having your financial statements independently verified, explains Karen Coulter… Certain businesses are required by law to have an external or statutory audit. Others,…By Karen CoulterView more