Why this matters
An audit is a third-party thumbs-up on your numbers. Banks, PRAZ, donors and boards more and more ask for it. Even when it's not compulsory, audited accounts often unlock better loan rates and bigger contracts.
What to expect
1. Planning meeting
We agree what's in scope, when it happens, and what we'll need from you. No surprises.
2. Fieldwork
We test balances, sample transactions, confirm bank and debtor balances, and review your controls. Most of this now happens through the portal — no boxes of paper.
3. Draft report and management letter
You get the draft accounts and a friendly letter listing any weaknesses we spotted, with practical fixes.
4. Sign-off
Once you've reviewed, directors sign and we issue the audit opinion.
What you provide
- Trial balance and general ledger
- Bank statements and reconciliations for every month
- Fixed asset register
- Sales and purchases ledgers
- Last year's audited accounts
Usually 4–8 weeks from start of fieldwork to signed opinion, depending on size.
- Audited annual accounts (IFRS or IFRS for SMEs)
- Signed audit opinion
- Management letter with practical recommendations
Real example
The bank wanted two years of audited accounts. Nyasha only had management accounts.
We audited both years and issued clean opinions. The loan was approved — and at a 2% lower rate because the risk looked better.
Jargon buster
- Audit opinion
- A one-page signed statement that says whether your accounts are accurate.
- IFRS
- International Financial Reporting Standards — the global rulebook for accounts.