New Zealand
Audit & Attestation Services

Audit & Attestation Services 

Our Audit Services for private companies allows you to protect your wealth and achieve your business growth goals. We do this by managing your compliance with the latest regulatory requirements, and by ensuring you have the appropriate governance structures and risk management practices in place.

 

KPMG can provide this through:

 

  • Financial Statement Audit assurance or
  • Limited Scope engagements (otherwise called Attestation).

 

 

Financial Statement Audit Assurance

Whether your business organisation is required to file financial statements with the Companies Office or whether you want audit assurance for other reasons, such as to help meet your banking requirements or just for peace of mind, we are here to help.

 

KPMG's Financial Statement Audit assurance team can provide a range of audit assurance services. These include audits and reviews of:

 

  • financial statements
  • consolidated reporting packages
  • prospective financial information and budgets.

 

KPMG will provide you with an independent audit of your financial statements or consolidated reporting packages, which is one of the foundations for developing and managing your wealth.

 

Audit quality is vital for maintaining trust in the financial reporting process and the integrity of financial information. Our audit teams have strong technical skills and a healthy dose of professional scepticism, which provide the heart and soul of a good audit.

 

Our audit approach has the rigour of international assurance standards; however our goal is to work with you to gain a true understanding of your business and industry specific risks.  That way we can identify areas for business process improvements, and tailor our approach to meet your needs and the size of your business.

 

 

"KPMG provides my business with an invaluable pool of resources, knowledge and guidance. Whether it relates to the day to day running of the company, its strategic direction or prioritising opportunities that arise, they have a specialist to assist us every time. I love how user friendly, professional and thorough they are and also that are ready to be blunt about actions they recommend, if needed.

 

We are a small company of 18 full time staff and yet we feel important to KPMG. They really engage with the business and bring useful sector knowledge and vital skills to bear on achieving our goals. If you are concerned about value for money – don’t be. I highly recommend KPMG and often do."

 
Sue Fleischl - Owner, The Great Catering Company

 

Limited Scope engagements / Attestation

Are you a privately owned business and don’t require a full audit? What parts of your business keeps you awake at night?

 

We can perform procedures that can be tailored to your specific needs.  We call these limited scope engagements or attestation. Below are the types of attestation or limited scope engagements that are most common.

 

1. Agreed upon procedures

 

Are you concerned that your payroll controls are robust enough to prevent fraud or error? Are you confident that your stock control procedures are producing accurate and complete results? Are you concerned as to the validity and appropriateness of certain expenditures being incurred in your organisation?

 

We can assist you by performing an agreed upon procedures engagement.  This is where our team would report on factual findings on pre-agreed upon procedures with you. Our approach means you decide what work you wish us to perform, and we will report our factual findings to you. 

 

These agreed upon procedure engagements are undertaken in accordance with the basic principles and general guidance set out in the Agreed Upon Procedures Standards and Guidelines of the New Zealand Institute of Chartered Accountants.

 

2. Forensics

 

Another form of an agreed upon procedure, is one with a forensic focus. Do you have concerns over loss or misappropriation of assets? We can perform tailored procedures to alleviate or confirm whether your concern was justified.

 

3. Review engagements

 

Do you want an independent party to review how your business is tracking against budget or prior year performance benchmarks before the year is over and before it’s too late? A review engagement may provide you with this level of comfort.

 

A review engagement is relatively high-level and would generally be limited to enquiries of your company personnel and analytical review procedures applied to financial data. This review will provide you with less assurance than an audit. Our review opinion will be limited to stating whether anything came to our attention that causes us to believe that the information being reviewed did not give a true and fair view of the financial position and financial performance of the company, for the period under review.

 

Our review of the company’s interim financial statements will be carried out in accordance with the Review Engagement Standards and Guidelines issued by the Institute of Chartered Accountants of New Zealand.

 

Contact us and request an interview or call to talk to one of our audit specialists about audit and attestation services and how we can provide peace of mind and information that will help your business to grow and succeed. 

Contact us

paul mcpadden

 

Paul McPadden
National Managing Partner, Private Enterprise

0800 224 254 

International: +64 9 363 3229