Joint Venture & Cost Recovery Audit

Transparency in high-risk partnerships that builds trust and confidence with the aid of JV and cost recovery audits

JoAs and industry practice require that JV books held by an operator are audited annually to give assurance to non-operators on investment by JV partners. Equally, PAs and PSCs require national oil companies representing state interest to perform cost recovery audits to ensure cost compliance to the terms of the PAs or PSCs.

Our JV Audit practice assigns experienced practitioners to provide expert audit services to non-operators for their audit of the Joint Venture (JV) books. Scope of audit covers cash call transactions, accruals, billing, authorisation for expenditure (AFE), inventory, shared services, among others.

What relationship means to us

Everything we do is rooted in our core purpose to help our clients thrive every day. It’s not only the right business thing to do; it’s the right thing to do. This starts by putting our people at the center of our work and extends to how we treat and value our people, our clients and our communities.

With a dedication to quality and a purpose-driven culture, KKGO offers a powerful choice both for clients and those seeking rewarding professional careers.