CFEC-Afrique audits the accounts of companies, institutions, NGOs and projects. We connect an understanding of your business with the examination of accounts, transactions and supporting documents, under International Standards on Auditing (ISA) and the accounting framework that applies to you.
What we do
- Statutory audit of companies, state-owned companies and public establishments.
- Contractual audit of financial statements under any framework: Revised SYSCOHADA, SYCEBNL, the WAMU PCB, the SFD framework, the CIMA Code, IFRS, US GAAP or the French PCG.
- Financial audit of donor-funded projects and programmes.
- Expenditure verification and agreed-upon procedures.
- Limited review and audit of group reporting packages, under ISA or, for groups listed in the United States, PCAOB standards.
- Contributions in kind, mergers and other special statutory engagements.
Our approach
Scoping
Scope, responsibilities, timetable and materiality are agreed at the outset.
Risk assessment
We analyse your business, your processes and your internal control, assessed against the COSO framework, to target the areas of risk.
Testing
Tests on the full data set wherever possible, checks against documents, external confirmations and physical counts.
Reporting
A reasoned opinion, findings in order of priority and recommendations followed up over time.
What you receive
- Audit report or statutory auditor’s report.
- Management letter on internal control.
- Summary for management and those charged with governance.