Scope and key challenges

• differing audit approaches across jurisdictions
• inconsistent IFRS interpretation across audit teams
• duplicated information requests to finance teams
• lack of central coordination structure
• increasing pressure from group reporting deadlines

How we helped

We acted as coordination anchor for the local jurisdiction and aligned audit expectations.

Our approach included:

• harmonising reporting expectations between audit teams
• establishing clear ownership of audit deliverables
• resolving IFRS interpretation differences early in the process
• consolidating audit requests into a structured workflow
• improving communication discipline across all stakeholders
• supporting group audit requirements without disrupting local operations

Results

• alignment achieved across all audit jurisdictions
• elimination of duplicated audit requests
• improved efficiency in financial reporting process
• reduced tension between local and group teams
• on-time completion of group reporting requirements