Nova Education Auditors
Audit
Nova Education Auditors audits cyclically: not every process or aspect is examined with the same depth each year. This depends on our risk assessment, materiality and the Ministry of Education's requirements.
Statutory annual accounts audit in education
With our process-focused audit, we test whether the administration's controls actually function in practice — around student administration, treasury and payments, personnel costs and facilities management. NOVA has, if needed, procurement specialists available to support teams with complex tendering questions. NOVA Accountants' IT auditors can review relevant IT systems.
Continuous auditing
With continuous auditing, the audit is evaluated and optimised throughout the year. Deviations are identified and reported immediately.
- Shifting focus from static checks to periodic, proactive audits that address the right topics.
- Extra attention to interim management information increases the reliability of forecasts.
- Less costly preparation of substantive audit procedures.
- Dynamic planning based on continuous auditing outcomes instead of a traditional annual audit plan.
- Findings and recommendations reach the board agenda more frequently and earlier.
Questions about our services for the education sector? We would be happy to talk.
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