Being sure about your figures is nice, but this reassurance does not always require an extensive audit. Sometimes a review engagement is sufficient: checking your financial records, such as interim (turnover) figures. In certain cases a review engagement is required by law, for example, in a notarial practice or for justification of received funds.
In a review engagement the accountant reviews the main features of your organisation. He will check how you arrived at your figures, what regulations apply to these and carries out analytical procedures. He will also ask a number of critical questions. Because this concerns a less thorough review, it provides a different type of assurance than in the case of an audit engagement. The result is a review report that you - together with your financial account - can make available to external stakeholders.
A BDO review can also relate to non-financial information. For example, a review of certain processes or (IT) systems or a CSR-report.
Our accountants are happy to advise you what type of engagement is most appropriate for your (specific) issue. Professional and an eye for a pragmatic approach. Making sure you can confidently supply your non-financial reports, alongside our review report, to any third parties.
If you have a question about a possible review engagement? Please contact our specialists.