Our Group is well equipped to provide our clients with performance audits and assessments through our dedicated and experienced audit and consulting staff and systems.

Performance audit objectives are what the audit is intended to accomplish. They identify the audit subject matter and performance aspects to be included, and may also include the potential findings and reporting elements that the auditors expect to develop. Performance audit objectives can be thought of as questions about the program that the auditors seek to answer based on evidence obtained and assessed against criteria. Performance audit objectives vary widely and include assessments of program effectiveness, economy, and efficiency; internal control; compliance; and prospective analyses.

Criteria represent the laws, regulations, contracts, grant agreements, standards, specific requirements, measures, expected performance, defined business practices, and benchmarks against which performance is compared or evaluated.

The aim of a performance audit is to evaluate the measures undertaken by management, or identify the lack thereof, and ensure that the resources have been acquired economically and are utilized effectively and efficiently. The performance audit is therefore vital to any organization, as it encompasses the monitoring and evaluating of resources and can reduce the risk of organization failure.

The best planning and budgeting systems rendered are not ineffective, if accompanying procurement systems do not yield the goods, works, and services that are necessary to achieve the activities and outcomes envisioned in the budget. Governments around the world are recognizing that an efficient and effective public sector procurement process is a priority for ensuring good governance. Our skilled and multinational Team is experienced in providing assistance throughout the procurement cycle, from establishing overall procurement policy frameworks to delivering transaction specific guidance and advice. Third-party monitoring and review of procurement systems and specific procurement actions are also services that we frequently provide.

A core aspect included in this full procurement cycle capability is the ability to serve as a Procurement Agent executing the process of acquisition, which includes: procurement strategy development; conducting market research; marketing procurement opportunities; development of procurement documents; managing documents flow, including the secure receipt and safeguarding of key documents and proposals; managing and documenting the evaluation and award process; assessing bidder capacity and past performance; and providing the full range of contract management requirements, including review of adherence to contract requirements, review of financial invoices, assistance with contract changes, and final contract close-out.

An effective system of internal control provides management with certain levels of comfort in terms of achieving the organization's objectives.

Organizations need to create and implement internal controls that safeguard organization assets, including those that protect data and IT systems, ensure compliance with operating procedures and reduce financial errors and fraud risks.

Furthermore, as many organizations are now required by regulatory agencies to have an internal audit function, an important consideration is whether to “outsource” or “co-source” their internal audit needs.

Whilst management is responsible for the establishment of effective systems of internal control, our experts provide valuable guidance in this regard. With our team of Certified Internal Auditors, we are able to provide you with an independent, objective assurance and consulting activity designed to add value and improve your operations.

We have assembled a professional team of leading forensic and investigative specialists. Coupled with cutting edge detection tools and approaches we are able to review all potential components of our client’s organization in order to implement an effective policy that will reduce risks. Should any organization be the unfortunate victim of white collar crime, it is essential to have immediate access to experienced forensic auditing and investigative specialists in order to quickly implement response plans that will minimize losses and increase recovery prospects.

Our services include: