Laws & Regulations
Applicable statutory and regulatory requirements.
Compliance audit assesses whether public institutions, activities and transactions conform to applicable laws, regulations, approved budgets, policies, contracts and procedures. The engagement identifies the authorities and criteria relevant to the selected subject matter.
Audit work may examine budget execution, procurement, revenue, expenditure, payroll, assets, authorisations and record keeping. Evidence is evaluated to determine the nature and significance of any identified non-compliance.
Reporting distinguishes significant matters, explains their effect and provides recommendations intended to support lawful, consistent and accountable administration.
Compliance Focus
Engagements may test compliance across these connected areas.
Approved Budgets
Authorised allocations and conditions of expenditure.
Contracts & Procurement
Approvals, procedures and supporting documentation.
Records & Authorisations
Evidence of decisions, transactions and accountability.