Other Assurance Services
Other Assurance Services
We assist our clients with a number of non-statutory audit assignments and specific reviews. Specialist teams tailor these audit services to provide you with the best possible audit for your particular needs. Our Assurance services include:
We have found that clients dealing with complex structures and transactions, require reassurance that critical matters are being dealt with appropriately. They also wish to demonstrate this to stakeholders.
Audit or more formal assurance reporting may not be the right approach. In these circumstances an “agreed upon procedures” engagement can be a useful solution. Under such an arrangement we carry out very specific work to cover your areas of concern in a laser-focused manner.
The advantages of ‘Agreed upon approaches’ are that the work will be limited to what is strictly necessary and will deliver the precise outcomes that you require. To enquire about whether this sort of assignment might be of use to you contact us here.
Covenants are a standard part of any loan agreement. A bank will require that the company’s auditor verify these covenant compliance calculations. This covenant review may be an annual or sometimes quarterly requirement.
How BIZ PEARL CONSULTING can assist you with covenant reviews
We will review the covenant compliance certificate and the supporting documentation. We will agree that the covenant certificate has been prepared in accordance with the loan agreement and then provide the company with a report confirming this that can be submitted to the bank.
We can also review projections for future covenant compliance and advise on the suitability of accounting policies.
We can support you on:
- 1- Assurance on reported numbers
- 2- Clarification on future covenant compliance
- 3- Assistance in bank negotiations
Please contact us to discuss your covenant review requirements.
Complying with both the spirit and the letter of the regulatory framework is a challenge. It requires strong governance and an alignment of commercial objectives, risk management and financial and non-financial reporting.
How BIZ PEARL CONSULTING can assist you
We are very prominent within our profession with a wealth of experience working with regulated businesses. This is is underpinned by our sector specialist approach. We are uniquely placed to provide advisory and assurance services to regulated businesses in order to help manage regulatory risk.
The key benefits BIZ PEARL CONSULTING offers clients
- 1- A deep understanding of current and future regulatory requirements
- 2- Assurance that regulatory requirements are met
- 3- Independent assurance of regulatory and financial reporting, including audit of regulatory reporting and compliance
- 4- Assistance in developing appropriate corporate governance
- 5- Advice and assistance in becoming authorised by a regulator
- 6- Benchmarking of compliance processes, internal control and quality of reporting
- 7- Our experience in advisory and assurance services to regulated companies runs throughout all areas of sector specialisation within our practice
When you buy an asset or a company or invest in a major project you need as much detail about what you’re investing in as possible. Our due diligence service investigates the attractiveness of an investment to help you understand what makes a transaction successful.
- We will confirm all of the material facts relating to the sale of a business, project or asset. The scope of the facts can be very diverse, encompassing a variety of subjects such as commercial, financial and /or operational due diligence. It also covers tax, compliance, human resource, IT, sustainability and legal considerations, amongst others.
- Due diligence services can be broadly split into two categories: sell-side (or ‘Vendor’) due diligence and ‘Buy-side’ due diligence.
- Vendor Due Diligence (VDD)typically consists of a comprehensive assessment of a business to be sold, commissioned by the vendor at the beginning of a sale process.
- It provides a detailed understanding of the business’s historical performance and track record, generally combined with an independent view on the achievability of the business’s future plans and projections.
- Buy-side Due Diligenceis commissioned by a potential buyer of a business. It can therefore take place at various stage of the deal cycle, e.g. during the early phase of an auction process or to complement other due diligence work (‘top-up DD’). It can also be phased in the case of a deal process with multiple rounds.
- The purpose of a buy-side DD is similar to the VDD – to confirm the attractiveness of an investment. However its scope and focus can vary greatly, depending, for instance, on whether the vendor has provided a VDD report, or whether access is given to the business and its management team.
- To find out more about the Taxation Services we can offer you, just call on +92 333 4459450 or email info@bizpearlconsulting.com.