Review Engagement Services in Kenya

Limited Assurance, Maximum Confidence

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Why Conduct a Review Engagement?

At Mugo & Company, we understand that not every business needs the extensive process of a full audit. 

 

Sometimes, you just need a cost-effective, reliable financial review to reassure stakeholders without incurring the cost and time of an audit. That’s where our review engagement services in Kenya come in.

What is a Review Engagement?

A review engagement provides limited (moderate) assurance on your financial statements. 

Instead of deep, detail

ed testing like an audit, we perform analytical procedures and inquiries to evaluate the accuracy and credibility of your financial information.

 

This is ideal for small and medium-sized enterprises (SMEs), NGOs, partnerships, and other organizations that want confidence in their financial reports without the cost of a full statutory audit.

 

For businesses that need more rigorous verification, we also offer assurance services and compilation services.

Our Review Engagement Process

We follow a structured, transparent approach to ensure accuracy, compliance, and clarity:

We define the scope, objectives, and timelines, ensuring mutual understanding from the start.

We meet with your management team to understand your operations and key financial activities.

We review trends, ratios, and patterns to identify unusual or inconsistent transactions.

Using sampling techniques, we verify the accuracy of select financial records.

We check for potential material misstatements or inconsistencies.

We present our findings, provide recommendations, and allow for follow-up discussions.

What exactly is the difference between a review engagement and an audit in Kenya?

Feature Review Engagement (Mugo & Company) Audit
Level of Assurance
Gives you limited (or moderate) assurance — enough to spot potential red flags.
Gives you high (reasonable) assurance that the numbers are accurate and compliant.
Procedures
We do inquiries and analytical reviews — think of it as asking the right questions and checking patterns.
We go deeper with detailed testing and verification of records.
Scope
Designed to identify potential issues that may need further attention.
Ensures complete accuracy and full compliance with regulations.
Cost & Time
More affordable and much quicker to complete.
More comprehensive — but takes more time (and costs a bit more).
Stakeholder Confidence
Great for boosting credibility with stakeholders without going overboard.
Provides full assurance, which inspires maximum confidence from investors, lenders, and regulators.

Considering a Review Engagement?

It’s lighter than an audit but still delivers clarity and confidence.

Talk to us today for a free, tailored quote — delivered within 48 hours.

Get My Review Quote in 48 Hours
FAQs: We answer the most common questions Kenyan businesses ask about audit and assurance services and accounting services.
We answer the most common questions Kenyan businesses ask about audit and assurance services and accounting services.

FAQs

Common Questions About Our Review services

While both involve an independent accountant, an audit provides a high level of assurance through extensive testing and verification. A review offers moderate assurance without deep testing, making it faster and more cost-effective.

A review usually takes 1 to 3 weeks, depending on the complexity and completeness of your financial records.

We’ll ask for your financial statements, trial balance, general ledger, bank statements, and any relevant management explanations.

Yes. Our reviews follow International Standards on Review Engagements (ISRE 2400) or the applicable national standards in your jurisdiction.

Mugo & Company providing audit and assurance services in Kenya

Get in Touch

Strengthen your financial credibility today. Contact Mugo & Company for expert review engagement services tailored to your business needs.

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