We offer a full range of auditing and assurance services

“We get to know your business so that we can provide a more relevant and efficient audit.”


Auditing and Assurance

Colenbrander provides independent assurance services; including the audit and independent review of annual financial statements. We follow a risk-based audit methodology that is compliant with the International Standards on Auditing. In conducting the audit, we are bound by ethical principles, including independence and integrity.

We offer other assurance engagements, which require us to comply with the International Standards on Auditing, review engagements, assurance engagements and related services. These other assurance services include independent reviews, other examinations and agreed-upon procedures.

What is an audit?

It is the auditor’s responsibility to express an opinion on whether the annual financial statements fairly present the financial position and performance of the entity.

An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. Audits are conducted in accordance with International Standards on Auditing and in doing so, the auditors are required to comply with ethical requirements.

The procedures selected depend on the auditor’s judgement, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error.

In making these assessments, the auditor considers internal control relevant to the preparation and fair presentation of the financial statements.

An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of accounting estimates made by management, as well as evaluating the overall presentation of the financial statements.

What is an independent review?

The procedures performed in a review are substantially less than those performed in an audit. An independent review has a lower level of assurance than an audit.

It is the independent reviewer’s responsibility to express a conclusion on whether anything has come to their attention that causes them to believe that the financial statements do not fairly present, in all material respects, the financial position and performance of the entity.

A review is conducted in accordance with the International Standard on Review Engagements (ISRE) 2400 (Revised), Engagements to Review Financial Statements. This Standard also requires us to comply with relevant ethical requirements.

A review of financial statements in accordance with ISRE 2400 (revised) consists primarily of making inquiries of management and others within the entity involved in financial and accounting matters, applying analytical procedures, and evaluating the sufficiency and appropriateness of evidence obtained. A review also requires performance of additional procedures when the practitioner becomes aware of matters that cause the practitioner to believe the financial statements as a whole may be materially misstated.

Ask Matthew an auditing question:

Our audit and assurance team is lead by Chartered Accountants, Matthew and Richard. Matthew has been an audit manager since 2009 and is passionate about helping small to medium-sized entities succeed in the marketplace.

Matthew and his team are here to help. If you have a query, please fill in the contact form and we’ll get back to you.

Leave your question here:

Your Name (required)

Your Email (required)


Your Message

This message is only visible to admins.

Problem displaying Facebook posts.
Click to show error

Error: Server configuration issue