External Audit & Assurance Services in Jordan

An external audit provides reasonable assurance and involves a broader range of risk assessment, testing and evidence-gathering procedures. A review engagement provides limited assurance and is based mainly on inquiries and analytical procedures.

The appropriate service depends on regulatory requirements, contractual obligations and the level of assurance required by the intended users.

The requirement may arise from the company’s legal form, applicable Jordanian legislation, regulatory status, financing agreements, shareholder arrangements or contractual obligations.

The exact requirement should be assessed according to the entity’s registration, activities and applicable regulatory framework.

The applicable framework depends on the organization and the purpose of the financial statements. This may include IFRS, IFRS for SMEs, IPSAS, donor-specific reporting requirements or another special-purpose financial reporting framework.

The reporting framework and basis of preparation should be confirmed before the audit scope is finalized.

Typical information includes the organization’s legal form, financial year, reporting framework, approximate size, number of locations, accounting system, required reports, completion deadline and any regulatory, group-audit or donor requirements.

Where available, the latest financial statements, trial balance, terms of reference or request for proposal can support a more accurate assessment of the engagement.

The timetable depends on the organization’s size, complexity, number of locations, quality of accounting records, reporting deadline, availability of supporting documents and the number of significant audit matters.

A detailed timetable is normally agreed during engagement planning, including information-request dates, fieldwork, review and final reporting.

In an agreed-upon procedures engagement, the practitioner performs procedures that have been defined and agreed with the engaging party and intended users.

The report presents factual findings for each procedure without providing an audit opinion or assurance conclusion. These engagements are commonly used for expenditure testing, payment verification, grant compliance, payroll reviews and specific financial balances.

Yes. The firm has experience with project financial audits, expenditure verification, agreed-upon procedures and independent verification assignments in government, development and international funding environments.

The engagement is designed according to the financing agreement, terms of reference, applicable professional standards and the required reporting package.

Yes. We can support group and component audit requirements involving a Jordanian subsidiary, branch or component, subject to acceptance and professional eligibility procedures.

The scope may include completion of group-auditor instructions, reporting on significant risks, testing intercompany balances and transactions, and submission of a structured component reporting package.

Yes. Engagement communication and reporting can be provided in Arabic, English or both languages, depending on the applicable requirements and the agreed engagement terms.

The required language and document format should be confirmed at the proposal and planning stages.

Access to engagement information is limited according to assigned responsibilities. Documents and evidence are handled through controlled workflows, defined review responsibilities and professional confidentiality requirements.

The treatment, retention and authorized use of information are also considered in accordance with applicable legal, contractual and professional requirements.