Our approach
How engagements are accepted, planned, carried out and reported.
Approach
Every engagement is accepted only after the independence and ethical requirements of the ICAN Code of Ethics have been considered, and is carried out on terms agreed in writing.
From acceptance to reporting
Acceptance and independence
Ethical and independence considerations are assessed before an engagement is accepted.
Engagement letter
Scope, responsibilities, timing and fees are agreed in writing.
Planning
Work is planned around the organisation's circumstances, risks and reporting deadlines.
Fieldwork and review
Work is performed and documented under the applicable professional standards and reviewed before conclusions are reached.
Reporting
Findings, reports or filings are delivered in the form agreed in the engagement letter.
Follow-up
Matters arising are discussed with management and carried forward to the next period where relevant.
Common questions
Professional standards require the terms of an engagement — its scope, the responsibilities of each party and the basis of fees — to be agreed in writing before work begins.
Only where the ICAN Code of Ethics permits it. Some non-assurance services cannot be provided to audit clients because they would threaten independence.
Client information is used only for the engagement and is not disclosed without authority or a legal or professional duty to do so. Documents can be exchanged through the secure client portal.