By providing top-tier attestation-assurance services, our expert team delivers comprehensive audits, reviews and other attestation services, ensuring finance, data and procedures are accurate, reliable and compliant with all relevant aspects. With commitment to integrity and precision we help companies build trust and make informed business decisions confidently.
Financial Statements audit….
Internal audits…
Forensic audits…
IT audits…
Compliance audits…
Operational audits…
ESG Reporting…
Reviews…
Remuneration package reporting…
Agreed-Upon Procedures…
1. Assuring – FS audits
1.1. Why
Auditing the Financial Statements is crucial to ensure accuracy and reliable information. It is like a health check for company´s financials and results in credibility and confidence to stakeholders.
1.2. What
A financial statement (FS) audit is applicable in a variety of fields and circumstances to ensure the accuracy and reliability of financial reporting. Our auditors with experience in the Big4 are accredited by main Brazilian and international institutions such as CVM (SEC), Central Bank, etc. are duly qualified to provide FS audits for companies operating any sort of legal trade. Here are some key situations:
1.2.1. Public Companies
Regular audits are mandatory to comply with regulatory requirements and provide assurance to investors.
1.2.2. Private Companies:
Often required by lenders, investors, or during mergers and acquisitions to verify financial health.
1.2.3. Non-Profit Organizations:
To ensure transparency and fulfillment of the purpose. to donors and regulatory bodies.
1.2.4. Government Entities:
To comply with laws and ensure proper use of public funds.
1.2.5. Startups
To attract investors by demonstrating financial integrity and accurate reporting.
1.2.6. International Operations
Ensuring compliance in multiple jurisdictions and accounting standards.
1.3. How
Our FS audit international approach, structured on risk assessment and internal controls testing, combined with cutting-edge technologies and software, allow us to deliver audit with high standard quality and clarity about possible weaknesses of their internal control. The audit report is comprised of two parts: one related to internal control testing and the other related to the audit opinion on the Financial Statements.
1.4. Who can provide
According to Brazilian rules, only CPA enrolled with BAR and accredited by the corresponding regulators of audited company, can provide independent audit to the Financial Statements.
1.5. Others
2. Assuring – Internal Audit
2.1. Why
Internal Audit is about safeguarding company´s assets and ensuring it operates smoothly and compliantly. Aside of assuring adherence to internal and external rules it is a key variable on fraud avoidance and detection.
2.2. What
Our internationally experienced team can assist companies in drafting, reviewing and implementing Policies and internal audit´s manual, as well as implementing and conducting the internal audit based on company´s pre-stablished procedures.
Internal audits can be applied in various fields and circumstances to ensure the efficiency, effectiveness, and compliance of an organization’s operations. Here are some key applications we can assist you with:
2.2.1. Risk Management
Evaluating the effectiveness of risk management processes and identifying potential risks.
2.2.2. Internal Controls:
Assessing the design and operating effectiveness of internal controls to prevent and detect fraud.
2.2.3. Operational Efficiency:
Reviewing business processes and operations to identify inefficiencies and recommend improvements.
2.2.4. Compliance:
Ensuring adherence to relevant laws, regulations, and internal policies.
2.2.5. Financial Reporting:
Verifying the accuracy and reliability of financial statements and business records.
2.2.6. IT Systems:
Evaluating the security, integrity, and performance of information technology systems.
2.2.7. Corporate Governance:
Assessing the effectiveness of governance structures and ethical practices.
2.2.8. Fraud Detection
Investigating suspected fraud or financial misconduct.
2.2.9. Sustainability Practices:
Reviewing environmental and social practices to ensure alignment with sustainability goals.
2.3. How
Our standard for internal audit starts from the understanding of the company’s type of trade, risk assessment to field work, documentation of the ‘findings’ on the Report and follow-up, always adhering to the internal audit manual and set of policies and procedures
2.4. Who can do it
In Brazil Internal audit can be provided by either the company´s internal team or by outsourced independent auditors. In both cases, when it comes to analysis of Financial Statements these specific tasks is under CPA rules and professionals enrolled at the BAR
2.5. Others
3. Assuring – Forensic Audit
3.1. Why
Companies should hire Forensic Audit when establishing preventive measures to identify misconduct, discrepancy and fraud and ensure compliance with laws and regulations.
3.2. What
Our audit-minded team provides deep investigation through examination of any sort of records, transactions and statements, gathering evidence and performing analysis to identify any sort of discrepancies and or illegal activities. Our top forensic audit approach is used for:
3.2.1. Fraud Investigation:
Detecting and investigating suspected fraud, embezzlement, or financial misconduct within an organization.
3.2.2. Legal Disputes:
Providing evidence and expert testimony in legal cases involving financial disputes, such as divorce settlements or shareholder disputes.
3.2.3. Corporate Governance:
Examining potential breaches of corporate management policies and ethical standards
3.2.4. Regulatory Compliance:
Investigating compliance with regulatory requirements and addressing any violations.
3.2.5. Insurance Claims:
Verifying the accuracy of financial data related to insurance claims, such as business interruption or property loss.
3.2.6. Mergers and Acquisitions:
Assessing financial accuracy and uncovering any hidden liabilities or fraudulent activities before completing a deal.
3.2.7. Bankruptcy Cases:
Investigating the causes of bankruptcy and identifying any fraudulent activities that may have contributed to financial failure.
3.3. How
Our audit-minded team digs deep to uncover the truth behind any suspicious fraud, embezzlement or financial misconduct, documenting evidence and reporting the findings that, depending on the nature of the facts, can be used as testimony in court procedures.
3.4. Who can do it
Forensic audits are crucial in several fields and circumstances where financial irregularities or misconduct are suspected. Here’s where they’re particularly applicable:
Forensic audits dig deep to uncover the truth behind financial discrepancies, ensuring accountability and transparency
When it comes to analysis on FS information, these specific tasks must be performed only by CPA enrolled individuals and accredited as ‘forensic auditor’.
3.5. Others
4. Assuring – IT Audit
4.1. Why
IT audit is the most efficient approach to make sure the IT environment is secure, compliant and running smoothly. It’s also important to testify about risks associated to the IR infrastructure and or a single software or application software
4.2. What
An IT audit is an evaluation of an organization’s information technology infrastructure, policies, and operations. It’s designed to ensure that IT systems are secure, efficient, and aligned with the business’s goals. By hiring our IT expert auditors, the companies have a holistic approach about security, compliance, performance and data integrity and related risks.
IT audits are applicable in several key fields and circumstances where ensuring the integrity, security, and efficiency of information systems is critical. Here’s where we make it particularly useful:
4.2.1. Security Assessments:
Evaluating cybersecurity measures to protect against threats and vulnerabilities.
4.2.2. Regulatory Compliance:
Ensuring adherence to data protection regulations like GDPR, HIPAA, and CCPA.
4.2.3. System Implementations:
Reviewing new IT system installations to ensure they meet required standards and function correctly.
4.2.4. Data Integrity:
Verifying the accuracy and reliability of data processing and storage systems.
4.2.5. Operational Efficiency:
Assessing the performance and efficiency of IT operations and identifying improvement needs.
4.2.6. Disaster Recovery and Business Continuity:
Ensuring robust plans are in place to recover from IT disruptions and maintain business operations.
4.2.7. Access Controls:
Reviewing user access controls to ensure only authorized personnel can access sensitive information.
4.2.8. IT Governance:
Evaluating policies and procedures to ensure they align with organizational goals and industry best practices.
4.3. How
We do top-notch audits thoroughly using a systematic approach to ensure all aspects of the environment are scrutinized. The findings, documentation and recommendations are stated in a comprehensive audit report.
4.4. Who can do it
Performing audits on IT environments is not legally reserved to specific professional. However, the success of it depends on the experience and expertise of the team in IT related situations
4.5. Others
5. Assuring – Compliance Audit
5.1. Why
Compliance audit is about safeguarding your company from legal troubles and enhancing its overall integrity. It ensures company´s adherence to all relevant laws, regulations, and standards, avoiding legal penalties.
5.2. What
Compliance audits are crucial in various fields and circumstances to ensure adherence to laws, regulations, and internal policies. Here’s where we see it particularly applicable:
5.2.1. Regulatory Compliance:
Ensuring adherence to industry specific regulations and standards, such as GDPR, HIPAA, or SOX.
5.2.2. Financial Reporting:
Verifying that financial statements comply with accounting standards and regulatory requirements.
5.2.3. Environmental Regulations:
Ensuring compliance with environmental laws and sustainability practices.
5.2.4. Health and Safety:
Confirming adherence to occupational health and safety regulations.
5.2.5. Data Privacy:
Verifying that data protection practices comply with privacy laws such as GDPR or CCPA
5.2.6. Corporate Governance:
Assessing adherence to corporate governance standards and ethical practices.
5.2.7. Anti-Corruption:
Ensuring compliance with anti-bribery and anti-corruption laws, such as the FCPA.
5.2.8. Internal Policies:
Reviewing compliance with internal policies and procedures to maintain operational integrity.
5.3. How
A high-level compliance audit is thorough and systematic, focusing on ensuring adherence to regulations and internal policies. Our structured approach ensures a comprehensive and effective compliance audit, safeguarding the organization’s integrity and compliance
5.4. Who can do it
Performing compliance audit is not legally reserved to specific professional. However, the success of it depends on the experience and expertise of the team and relevant understanding about the ruling environment.
5.5. Others
6. Assuring – Operational Audit
6.1. Why
Operational audit is like captain a ship in a rough sea, making operations smoother, safer and more cost-effective. Pinpointing fields where cost can be reduced, eliminating inefficiencies, streamlining process and ensuring compliance are some indubitable benefits arising from operational audit
6.2. What
Operational audits can be applied across various fields within an organization to enhance efficiency and effectiveness. Here are some outlines our international team can assist with:
6.2.1. Manufacturing and Production:
Examining processes, workflows, and resource utilization to improve productivity and reduce costs.
6.2.2. Supply Chain Management:
Assessing logistics, procurement, and inventory management to ensure smooth and cost-effective operations.
6.2.3. Human Resources:
Evaluating recruitment, training, performance management, and employee relations for optimal workforce management.
6.2.4. Finance and Accounting:
Reviewing financial controls, budgeting, and financial reporting to ensure accuracy and compliance.
6.2.5. Information Technology:
Analyzing IT systems, cybersecurity measures, and data management to enhance security and efficiency.
6.2.6. Sales and Marketing:
Assessing strategies, customer relationships, and marketing effectiveness to drive revenue growth.
6.2.7. Customer Service:
Evaluating service processes, customer interactions, and satisfaction levels to improve good customer experience.
6.2.8. Risk Management:
Reviewing risk assessment procedures, mitigation strategies, and compliance with regulatory requirements.
6.3. How
A high-level operating audit is thorough and systematic, focusing on ensuring adherence to regulations and internal policies. Our ten-phase structured approach ensures a comprehensive and effective compliance audit, safeguarding the organization’s integrity and compliance
6.4. Who can do it
Performing operating audit is not legally reserved to a specific professional. However, the success of it depends on the experience and expertise of the team and relevant understanding about the ruling environment, like for example, the need of a skilled engineering when auditing a construction funded by third party
6.5. Others
7. Assuring – ESG Audit
7.1. Why
Hiring an ESG (Environmental, Social, and Governance) audit or report is crucial for several reasons. Like transparency, regulatory compliance and competitive advantage. An ESG audit or report helps a company demonstrate its commitment to responsible practices, build trust with stakeholders, and achieve sustainable success.
7.2. What
ESG audit/report is relevant in several fields, entities, and circumstances where stakeholders seek to assess and enhance environmental, social, and governance practices. Some ESG audit applications are outlined below:
7.2.1. Publicly Listed Companies:
To meet regulatory requirements and investor expectations regarding transparency and sustainability practices.
7.2.2. Private Companies:
To attract investment, enhance reputation, and ensure responsible business practices.
7.2.3. Non-Profit Organizations:
To demonstrate commitment to social and environmental responsibilities to donors and stakeholders.
7.2.4. Financial Institutions:
To assess ESG risks in their portfolios and ensure sustainable investment practices.
7.2.5. Manufacturing and Industry:
To ensure compliance with environmental regulations and improve sustainability performance.
7.2.6. Government and Public Sector:
To evaluate the impact of policies and programs on environmental and social outcomes.
7.2.7. Supply Chain Management:
To ensure suppliers adhere to ESG standards, minimizing risks and promoting ethical practices.
7.2.8. Startups and Growth Companies:
To build a foundation of sustainable practices, attracting potential investors and customers.
7.3. How
A high-level ESG audit is thorough and systematic, focusing on ensuring adherence to regulations and internal policies. Our ten-phase structured approach ensures a comprehensive and effective compliance audit, safeguarding the organization’s integrity and compliance
7.4. Who can do it
Performing ESG audit is not legally reserved to specific professional. However, the success of it depends on the experience and expertise of the team and relevant understanding about the ruling environment
7.5. Others
8. Assuring – Reviews
8.1. Why
Engaging in an audit review grants several key benefits maintaining integrity and transparency with a less intensive alternative to a full audit, while still delivering valuable insights into financial accuracy and processes.
8.2. What
An audit review, or review engagement, is applicable in various fields and circumstances where stakeholders need a moderate level of assurance on financial statements or specific financial information. Here are some common areas and circumstances we can assist companies with:
8.2.1. Small to Medium-Sized Enterprises (SMEs):
SMEs may opt for an audit review to provide stakeholders with assurance without the cost and effort of a full audit.
8.2.2. Non-Profit Organizations:
To ensure transparency (and accountability) to donors, grantors, and regulatory bodies.
8.2.3. Startups and Early-Stage Companies:
To build credibility and trust with investors and potential partners.
8.2.4. Regulatory Requirements:
In industries where regulatory bodies require periodic reviews to ensure compliance with financial reporting standards.
8.2.5. Pre-IPO Companies:
To provide potential investors with confidence in the financial health of the company before going public.
8.2.6. Internal Stakeholders:
To provide management and board members with insights into financial performance aand where it needs improvement
8.2.7. Financial Institutions:
For periodic reviews to ensure compliance with financial regulations and internal controls.
8.3. How
An audit review, also known as a review engagement, is a limited assurance engagement that involves several steps to ensure the accuracy and integrity of financial information. Our auditors follow a meticulous structured approach to ensure thoroughness and accuracy on the process.
8.4. Who can do it
Financial Statements audit review is reserved to CPA enrolled as Independent Auditors before the corresponding BAR
8.5. Others
9. Assuring – Agreed-Upon Procedures
9.1. Why
An Agreed-Upon Procedure audit is a smart approach to get targeted assurance, flexible scope, speed on information and cost-effective to get reliable independent information, agreed-upon. Where accuracy is concerned
9.2. What
Agreed-upon procedures (AUP) are highly versatile and can be applied in various fields where specific, targeted assurance is needed. Here are some commons applications we are experienced with:
9.2.1. Financial Statements:
Verifying specific financial transactions or balances to provide assurance to stakeholders.
9.2.2. Compliance:
Ensuring adherence to regulatory requirements, industry standards, or internal policies.
9.2.3. Internal Controls:
Assessing the effectiveness of internal control systems in preventing and detecting errors or fraud.
9.2.4. Contractual Agreements:
Validating compliance with terms and conditions of contracts or agreements.
9.2.5. Performance Metrics:
Checking the accuracy of reported performance metrics and targets.
9.2.6. IT Systems:
Reviewing the security and integrity of IT systems and data.
9.2.7. Procurement Processes:
Ensuring procurement activities comply with established procedures and policies.
9.2.8. Environmental and Sustainability Practices:
Verifying adherence to environmental regulations and sustainability initiatives.
9.3. How
By focusing on precision, transparency, and client-specific needs, a top-tier AUP engagement provides valuable insights and enhances confidence in the information reviewed – this is how we perform AUP to our customers
9.4. Who can do it
AUP (Agreed-Upon Procedures) services can be performed by various professional service firms. However, when it comes to subject comprised into the Financial Statements, it is reserved to CPA enrolled as Independent Auditors before the corresponding BAR
9.5. Others
10. Assuring – Remuneration Reporting
10.1. Why
Preparing remuneration reporting is essential for several reasons, namely to ensure transparency, accountability, compliance and that remuneration practices are fair and justified
10.2. What
Remuneration audits and reporting are applicable in various fields and circumstances, particularly in organizations where transparency and accountability in executive compensation are crucial. Here are some key fields and circumstances we have served:
10.2.1. Publicly Listed Companies:
These companies are often required to disclose executive compensation details to shareholders and regulatory bodies.
10.2.2. Large Private Companies:
Even if not publicly listed, large private companies may conduct remuneration audits to ensure fair and competitive pay practices.
10.2.3. Regulated Industries:
Companies in sectors like banking, insurance, and telecommunications may need to comply with specific regulatory requirements regarding executive pay.
10.2.4. Non-Profit Organizations:
To maintain trust and accountability with donors and stakeholders, non-profits may conduct remuneration audits.
10.2.5. During Mergers and Acquisitions:
To ensure alignment of compensation practices and to identify any discrepancies that need to be addressed.
10.2.6. Performance-Based Compensation:
Companies that use performance-based pay structures may conduct audits to verify that compensation is tied to actual performance metrics.
10.2.7. Corporate Governance Initiatives:
As part of broader corporate governance efforts, companies may perform remuneration audits to demonstrate commitment to ethical practices.
10.3. How
In these fields, remuneration audits help ensure that compensation practices are fair, transparent, and aligned with the company’s goals and stakeholder expectations.
Creating a remuneration report involves several key steps to ensure clarity, compliance, and transparency. On top of regular steps, our approach includes performance metrics and data comparison
10.4. Who can do it
A remuneration package report can be performed by several types of professionals and organizations, like CPAs, HR firms, Law firms, etc
10.5. Others
