Audit & Assurance
Independent assurance that builds trust, transparency, and accountability
At Ubuntu Auditors Namibia, our Audit & Assurance services provide independent, regulator-aligned assurance that strengthens stakeholder confidence and supports compliance with Namibian financial legislation.
We are registered with the Public Accountants and Auditors Board (PAAB) and apply the International Standards on Auditing (ISA) on every engagement. Our work aligns with the Companies Act 28 of 2004, the State Finance Act for public entities, and the reporting frameworks of the Auditor-General of Namibia.
Our focus is not only to issue opinions. We help organisations understand the story behind their numbers and improve governance in the process.
Scope of Work
External & Statutory Audits
Full-scope financial statement audits for private companies, SOEs, and public institutions under PAAB registration and ISA.
Internal Audit & Risk-Based Planning
Tailored internal audit plans aligned with risk registers, control environments, and organisational priorities.
Financial Statement Reviews
Technical reviews of IFRS and IFRS for SMEs financial statements before submission to regulators or boards.
Public Sector & SOE Audit Preparation
Pre-audit file clean-ups, GRAP conversions, and ledger reconciliations to achieve clean audit outcomes.
Group & Component Audits
Coordination and consolidation of audit work across multi-entity structures and subsidiaries.
Donor-Funded & NGO Audits
ISA-aligned audits for development programmes and non-profit organisations under donor protocols.
Our Approach
Our audit approach combines rigour, technology, and local insight. We follow a risk-based methodology, focusing resources where they matter most.
Planning & Risk Assessment
Identify material risks, evaluate internal controls, and define the audit strategy.
Fieldwork & Testing
Execute substantive and control testing using data-driven sampling and analytics.
Review & Reporting
Evaluate findings and materiality, then prepare the audit opinion with recommendations.
Post-Audit Support
Provide remediation guidance and clean-audit planning assistance.
We leverage digital audit platforms including CaseWare, Probe, and Draftworx for efficiency, documentation integrity, and traceability.
Outcomes & Deliverables
- Independent Audit Report (ISA-compliant)
- Management Letter with risk-ranked findings
- Recommendations for internal control enhancement
- PAAB inspection and audit-readiness support
- Technical guidance on IFRS, GRAP, and Companies Act compliance
Relevant Standards & Statutes
Frequently Asked Questions
Are you registered to sign audit opinions in Namibia?
Yes. We are registered with the Public Accountants and Auditors Board (PAAB), and our registered auditors sign opinions in line with the International Standards on Auditing.
How long does a statutory audit take?
Most statutory audits run 30 to 45 days from a complete trial balance, depending on the size of the entity and the readiness of supporting records. We agree a timetable up front.
Can you help us prepare for an Auditor-General review?
Yes. We compile audit-ready files, reconcile ledgers, and support GRAP conversions so public entities can move toward clean audit outcomes.