BQCIS

Ensuring Integrity in Financial & Non-Financial Reporting

Financial data assurance by BQCIS validates that your reported figures, sustainability metrics, and ESG-linked indicators are accurate and traceable. Our audits provide independent confidence to investors, regulators, and business partners that your disclosures comply with IFRS, GRI, SASB, and TCFD frameworks.

Leveraging ISO 19011-aligned methodologies, our teams verify data accuracy, reporting systems, and evidence trails across finance, operations, and sustainability units. This ensures consistency between internal records and published statements, reducing compliance risk and reinforcing credibility.

Key Activities in Financial Data Assurance

Data Traceability Assessment

Verifies data origin, aggregation, and reconciliation across financial and operational systems.

IFRS & ESG Disclosure Review

Evaluates financial statements and ESG metrics against reporting frameworks such as IFRS S1/S2, GRI 302-305, and SASB.

Internal Control Testing

Tests adequacy of financial governance, segregation of duties, and risk management controls.

Data Consistency Validation

Checks alignment between financial reports, sustainability reports, and investor disclosures.

Carbon & Climate Metrics Verification

Validates emissions data, offsets, and climate-linked financial exposure in line with TCFD recommendations.

Assurance Statement Preparation

Prepares ISO 17029-compliant assurance statements for inclusion in corporate reporting.

Digital Ledger & Audit Trail Review

Confirms reliability of ERP-based ledgers and automated audit trails through sampling and re-performance.

Corrective Action & Continuous Improvement

Provides recommendations to strengthen accuracy and governance of future reporting cycles.

Stakeholder Communication Support

Assisting in the clear communication of verified data and assurance findings to investors and stakeholders.

Key Benefits of Financial Data Assurance

Investor Confidence

Enhanced Investor & Stakeholder Confidence

Provides assurance that financial and ESG disclosures are trustworthy and verifiable.

Risk Management

Reduced Compliance & Reporting Risk

Mitigates errors and misstatements through independent data validation and control testing.

Transparency

Greater Transparency & Accountability

Demonstrates commitment to responsible and accurate corporate reporting.

Efficiency

Improved Reporting Efficiency

Aligns data systems and verification protocols to streamline annual disclosure processes.

Success Story

Integrated Data Assurance for Global Manufacturing Group

The Challenge:

A multinational manufacturer required verification of consolidated sustainability and financial data across 12 subsidiaries for annual reporting.

Our Solution:

BQCIS performed transactional sampling, ESG metric verification, and digital ledger cross-checks aligned with IFRS S1/S2 guidance.

The Result:

The client achieved a fully assured sustainability report and increased investor trust, leading to a 15 % improvement in ESG ratings.

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