Audit & Assurance Support - M B M Consulting

Financial Statement Compilation (Audit-Ready Format)

We prepare financial statements in audit-ready format, ensuring consistency with accounting records and regulatory requirements.

Our support includes:

1. Preparation of financial statements aligned with IFRS
2. Review of trial balances and ledger accuracy
3. Ensuring consistency between financials, tax filings, and disclosures
4. Support for statutory, management, or regulatory reporting purposes

IFRS Advisory & Accounting Treatment Guidance

We provide advisory support on complex IFRS accounting matters, helping management apply appropriate accounting treatments.

Our IFRS advisory covers:

1. Revenue recognition and contract accounting
2. Lease accounting and financial instruments
3. Accounting policy selection and documentation
4. Impact assessment of new or revised IFRS standards

Financial Reviews & Agreed-Upon Procedures (AUPs)

We assist clients with targeted financial reviews and AUP engagements based on specific stakeholder requirements.

This includes:

1. Independent financial reviews
2. Agreed-upon procedures for selected balances or transactions
3. Reporting aligned with agreed scopes and instructions

Transactional Due Diligence

(M&A, Capital Raise, Investor Reporting)

We support businesses involved in mergers, acquisitions, fundraising, or investor reporting through structured financial due diligence.

Our services include:

1. Financial due diligence support
2. Quality of earnings analysis
3. Review of historical financial performance
4. Identification of financial and accounting risks

Internal Audit Assistance & Control Framework Design

We support management with internal audit assistance and control framework development.

Our services include:

1. Assistance in internal audit planning and execution
2. Design and documentation of internal control frameworks
3. Risk-based testing and gap identification
4. Practical recommendations for control improvements

Audit Coordination with Licensed Audit Firms

We act as a central coordination point between clients and external auditors to ensure efficient audit execution.

This includes:

1. Managing audit timelines and document requests
2. Liaison with licensed audit firms
3. Resolving accounting and documentation queries
4. Supporting smooth and timely audit completion