annual assurance audit

Annual assurance audit outsourced for energy company

annual assurance audit

Case Study31st Mar 2021

Contributors

Related services

Our Client 

A large multinational energy client required an annual assurance audit within a fixed timescale in the 2019 pandemic lockdown.  

Our Approach 

  • Adapted our resourcing quickly to make sure the annual assurance audit was completed in a timely manner despite the lockdown restrictions  
  • Maintained regular communication with the client as the audit was completed virtually 
  • Implemented our existing digital technologies to their full potential to ensure maximum efficiency of processes 

The Outcome 

  • The client was able to focus on maintaining wider business performance and safety in the wake of the COVID-19 pandemic 
  • Additional costs were minimised through utilising digital technologies 
  • There were no delays to the auditing process, and the audit was executed successfully and on time 

Contributors

Related services

Sign up to updates

  1. Blog24th Jun 2020

    Upstream E&P – Navigating complex landscapes in the energy sector

    The Energy sector today is an incredibly complex landscape for executives and their leadership teams to navigate. It is increasingly challenging for them to know which way to go or where to turn. Crude market volatility and low prices continue as a result of the double impact of drop in demand…

    By Alasdair Green

    View more
  2. Blog10th Apr 2020

    Modelling Risks & Opportunities in Upstream Oil & Gas

    The double whammy of the COVID-19 pandemic and the effects of the Opec+ price war is presenting what is rapidly becoming the upstream oil and gas sector’s biggest challenge to date.   The combination of a dramatic drop in global consumption due to movement restrictions and lockdowns, with a market currently being flooded by Saudi Arabia and Russia with…

    By Alasdair Green

    View more
  3. Blog5th Feb 2019

    Our natural resources are our greatest assets

    I am proud to live and work in Aberdeen and North East of Scotland, a city and region built on its surrounding natural resources and all the support sectors that come with them. Our heritage is built on our natural…

    By Alasdair Green

    View more

Share this page