We launched our financial audit tool - the common thread in your audit
FLEXIBILITY AT CORE
Our work programs
Be sure that you are following best practices across the industry by incorporating one of the available work programs
Financial work programs
- Tailored to your client's business and risk profile
- Includes audit objectives, procedures, and documentation requirements
- Helps ensure completeness and accuracy of financial data
The Interim ESRS programs
- Work instructions based on a selection of ESRS topics for DMA check or per material topic
- For all CSRD customers who are in full preparation mode and need reassurance
- Manual selection of parts of the ESRS work package
The ESRS work programs
- Work instructions covering 100% of ESRS
- Dynamic setup based on automated risk selection and DMA
- Full ESRS compliance
Frequently asked questions
What do you mean with a work program?
A work program (“werkprogramma” in Dutch, “Prüfungsprogramm” in German, “programme de vérification” in French) is a set of steps and checks to verify if certain information is correct.
At Engyon we have spent significant time with our assurance partners to develop specific work programs to support the different types of customer engagements you will have as an assurance firm. For each engagement, we provide a different work program to make sure that you deliver high-quality and low-risk audit results.
Which work programs do you provide?
Our software currently supports the following work programs:
- Financial audit – this program consists of work instructions derived from COS 315 Revised and can be used to audit companies to help identify and assess the risks of material misstatement.
- Interim ESRS – limited – this program consists of ESRS2 and one or more topical standards (e.g. S1, E1), based on limited assurance and ISSA5000.
- Full ESRS – limited – this program consists of the full ESRS set of work instructions based on limited assurance and ISSA5000.
Is it possible to follow a risk-based approach in Engyon?
Engyon was developed with the risk-based approach as its starting point and places strong emphasis on the requirements arising from NV-COS 315. The common thread has been incorporated as a design theme in all stages of the software’s development. A top-down approach can be followed from account balances and assertions (from the balance sheet) as well as from risks and the related procedures. This enables the auditor to maintain an overview.
How is the software maintained and updated?
Engyon is 100% SaaS and runs entirely in the cloud, updates take place instantly and centrally without the need for local management.
Application management mainly focuses on creating users, performing periodic cybersecurity checks, managing roles & permissions, and maintaining integrations with external systems.
Most settings can easily be adjusted by users themselves via self-service. Annual maintenance takes less than 10 hours, ensuring minimal impact on business operations.
Do your work programs guarantee compliance?
Even though we aim to deliver 100% compliance, unfortunately, we cannot guarantee compliance or even completeness of disclosure of the undertaking.
As an assurance firm, you are legally responsible for providing that guarantee.
We consider ourselves a specialist of CSRD audits and aim to provide services to help you deliver 100% compliance and deliver a sound professional opinion to all stakeholders.
How do you store the necessary evidence for each audit?
We store all checks and all evidence found through reference in data, interviews, supporting documents, corrections and updates in our hybrid registry. As an auditor, you will be able to find your supporting evidence by searching for a particular check and finding all connected evidence directly.
How long do you store my data?
We store your audit files, data, documents and the results for a minimum of seven years, according to the law. We also support the storage of multi-year audit files that show sustainability performance of a particular undertaking across multiple audit years. This helps with developing a sound professional opinion on the risk of material misstatement.
What AI models are used?
Engyon uses a variety of different services, ranging from OpenAI GPT to Meta Llama to Anthropic Claude. For each specific use case, we find the right and economically viable solution to support that use case.