Global statutory audits for multinationals

Global statutory audits for multinationals

Multinational groups often have a significant number of mandated statutory audit requirements, all around the world. Managing these obligations is complex, fast changing and resource intensive, and because of that, can often be a burden that takes up valuable time from a business doing what a business does best. Getting this wrong can have costly implications for the Group and personal implications for those individuals acting as statutory directors.

Quite often, statutory audits are spread across multiple providers around the world and quite often, different providers within each individual territory. This leads to additional complexities such as co-ordination of numerous different parties, confusion in priority of audit completions and duplication of effort as consistent audit areas are tackled time and time again; all of which can increase your internal risk profile. At the same time, group auditors quite rightly focus on the group audit opinion, and on occasion local statutory financial statements can become an afterthought rather than receiving the attention and rigour they require.

Our dedicated team of experienced professionals, based in London, exclusively deliver fully centralised, managed and coordinated statutory audits for large multinational groups. Our focus is simple: to solve problems and make complex global statutory audits straightforward. We design and deliver high‑quality audit strategies that leverage your centralised environment, with our centralised team performing the majority of the audit work required. This approach allows us to drive consistency, efficiency, and quality across all jurisdictions. This in turn delivers opportunity for standardisation, oversight of compliance on a global level and ultimately time savings so that your business can focus on what is really important. This approach provides one point of contact for you to a truly globally connected team.

One BDO. One coordinated approach. Global statutory audit delivered simply.

Why BDO UK’s International Sector?

• One experienced team, who have a proven track record of delivering statutory audit compliance on a global scale;
• Maximum efficiency in the compliance process with one team performing high-quality audits within the group, utilising a consistent global methodology and technology; and
• Value for money; get more from your statutory audits with insightful recommendations for how your business can further improve, driven by our real life experience whilst auditing your business.