Our approach to the review is based on the Kept methodology and takes into account the specifics of the client’s request
Key customer requests
- Financial due diligence of reports on the use of funds in accordance with the terms of contracts/policies of the company/investment program.
- Assessment of completeness and quality of supporting source documents.
- Analysis of the compliance of expenses incurred with the budget, including the correctness of classification and substantiation of expenses.
- Analysis of the reliability of the internal control system to the extent that it affects the reliability of the report on the use of funds, and recommendations on improving processes and internal controls.
- Counterparty due diligence and review of the appropriate use of funds.
Kept methodology
Our methodology includes the following aspects:
- risk-oriented planning of procedures and development of an individual financial due diligence program
- selection of procedures for the review of the use of funds, including detailed analysis of transaction samples, end-to-end process testing and analytical procedures.
- assessment of the sufficiency of the audit evidence collected
- submission of audit results and recommendations on eliminating deficiencies.
If necessary, involvement of construction, tax and legal specialists and use of automated data analysis tools.
Value to the business
Quick results and additional recommendations on improving processes and controls in terms of the reliability of reports on the use of funds