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
Internal Auditing and Assurance Services
An effective internal audit can save your organisation and transform it. Our experienced auditing and assurance services will tell you where improvements could and should be made and include practical advice on how to implement them.
AUDITING AND ASSURANCE SERVICES TO HELP YOU MANAGE RISK WITH CONFIDENCE
With our comprehensive internal auditing and assurance services, we can identify and help you address the risks your organisation faces. It might be the feasibility of taking on a major new project, an aspect of your operations that isn’t running smoothly or wanting an independent review of your policies. Our team evaluates all these issues and many more for all types of organisations across a wide range of sectors.
You can depend on us to be unbiased, objective and clear. We’re accustomed to working with and reporting to Boards and senior management, understanding their appetite for risk and taking a proactive approach to assessing current and future concerns. All of our work for you will be based on in-depth, thoroughly researched knowledge of your organisation, operations and objectives.
AUDITING AND ASSURANCE SERVICES
Our auditing and assurance services provide:
- 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 auditing and assurance service are:
- Co-sourced Internal Auditing and Assurance 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 Auditing and Assurance Services – where we fulfil the role of Head of Internal Audit. This includes forming a 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
ARE YOUR CONTRACTS REALLY DELIVERING?
If you’re not confident that a key contract is delivering good value or what was agreed, our contract auditing and assurance services will ascertain whether the other party is delivering on performance and compliance.
Contract Health Check
Our review will assess whether or not the contract is operating as intended and whether you’re gaining the maximum value from its terms. We’ll assess individual or multiple contracts in detail to give you an up-to-date, accurate picture.
We can also carry out pre-contract audit reviews, so you can be assured that the contract will work as intended and the other party’s systems can produce the required information in an appropriate format.
Forensic Contract Audit
We’ll produce a detailed review of your contract terms and conditions with individual suppliers to ensure compliance. It will focus on key risk areas, such as:
- Expenditure levels against contract terms
- Identification of potential compliance issues for risk mitigation purposes
- Cost-effectiveness and process improvement to make contract compliance more transparent
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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
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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
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Getting you the right support
We help businesses at every stage of their lifecycle manage their people and finances, using technical innovation to maximise efficiency and value. We serve a global portfolio of SME and large corporate clients across twelve key sectors.
Specialist support is also available for family businesses and individuals. Our passionate team is our greatest strength, operating with a culture driven by a genuine commitment to client success. AAB operates from offices in the UK, Ireland, and Internationally.
Contact Our Specialists
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