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 for the latest industry insights

  1. Blog8th May 2024

    Alasdair Green, ESG Partner and author of ESG diligence

    ESG Diligence: The Key To Sustainable M&A Transactions

    In today’s dynamic investment landscape, the integration of Environmental, Social, and Governance (ESG) factors has become more than just a trend. It is emerging to be strategically imperative alongside other more traditional performance measures such as profitability and financial performance. …

    By Alasdair Green

    View more
  2. Blog7th Jul 2023

    Alasdair Green, Head of ESG and Corporate Finance Partner

    How Important is ESG in M&A Transactions?

    Environmental, Social and Governance (ESG) is attracting increasing attention from investors and acquirers when evaluating investment, growth funding and M&A opportunities.    At the outset of a possible deal, investors and acquirers are now taking more rigorous ESG considerations into account. …

    By Alasdair Green

    View more
  3. 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
  4. 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