HBI

We help review the financial statements of entities to improve quality of reporting with respect to financial information used by investors, market analysts, and creditors to evaluate a company's financial health and earnings potential.

During the review of accounting systems and internal controls we apply procedures during which our clients may ascertain that:

• their financial controls are effective;
• their financial statements are reliable and compliant with effective laws;
• their financial statements comply with the company's internal policies and procedures;
• the company's assets are adequately protected against fraud.

Our work facilitates the implementation of internal controls that help achieve the aforementioned objectives while ensuring the more effective preparation of financial statements.

In simple terms, converting to IFRS means migrating from the existing accounting Practices and adopting a new set of standards called IFRS. The reality Is, the new reporting environment will require companies to adopt a new basis of reporting requirements. Therefore, not only will IFRS have a major impact on business processes, including management reporting and on a company's underlying systems, but it may also fundamentally alter the way shareholders and market analysts view a company. We provide practical trainings on IFRS and IPSAS equipping clients and their personnel with a deep understanding and technical experiences that can help transform an entity's accounting and reporting capabilities.

The aim of system audit is to verify that a system enforces a desired set of security standards. The service focuses on substantiating that the automated internal controls exist and are functioning as expected to minimize business risk. Through reviews of the financial systems audit, we will conduct a compliance audit to evaluate how a system is implemented to comply with accounting and financial reporting standards, check if the system follows the entities business processes in line with internal control guidelines.

The standards can be statutory, regulatory or industry standards, for instance.

Our services aim at strengthening company’s risk management system and manage compliance using industry standards and best practices. Our governance, risk and compliance team help you discover your current risk posture. We help you navigate compliance requirements, offering a broad range of objective and data-driven assessments and advisory services to help you identify potential weaknesses and compliance gaps. We also help executives, and senior management in developing and deploying strategic risk management programs and processes including;

• Identification and prioritization of enterprise-wide risks
• assessment of an organization's risk capabilities
• development of the tools, processes, and organizational structures needed to build a robust and sustainable risk management program.