We use one audit methodology globally, which means we can offer you consistent, high quality services. Our audit methodology, Horizon, features a partner-led process that focuses our audit efforts on those areas of your financial statements that represent the greatest risk. Horizon also features integrated quality-control processes, including policies and procedures for engagement quality-control review.
Capability in International Financial Reporting Standards (IFRS) is one of our core skills. We have access to a full-time team responsible for high quality, consistent application of IFRS throughout the global organization. As an organization, we also actively contribute to the development of IFRS. This includes the submission of global comment letters on proposals for new and amended standards as well as participation in roundtables and other events.
We are equally experienced in the adoption and implementation of International Public Sector Accounting Standards (IPSAS). Our team has worked extensively with a number of Federal and individual Emirate government entities on their first-time adoption of IPSAS as well as conducted regular annual audits of government entities which have already adopted IPSAS.