Foreign investors, lenders and parent companies need numbers they can trust, prepared to standards they recognise. Led by a licensed Chartered Accountant partner, Noxy Africa brings forensic accounting, international reporting standards and audit services to businesses and projects in Ghana and across Africa, so the accounts hold up to scrutiny in Toronto, New York and Frankfurt as well as Accra.
Many African businesses keep sound local accounts that a foreign investor still cannot use. Different standards, thin audit trails and unexplained transactions slow down due diligence, lower valuations or stop a deal entirely.
We close that gap: accounts aligned to international standards, an audit that runs cleanly, and independent forensic work where something needs to be explained.
Investors rarely walk away because of the business. They walk away because they cannot verify it.
Independent, evidence-based investigation of financial records, for boards, investors, lenders and legal counsel.
Tracing missing funds, irregular payments and manipulated records, with findings documented to evidential standard.
Following money across entities, accounts and borders to locate assets and recover value.
Loss quantification and independent financial analysis for shareholder, contract and insurance disputes.
Independent testing of revenue, costs, cash and working capital before an acquisition or investment.
Moving local accounts to IFRS or IFRS for SMEs, with policies, opening balances and disclosures investors expect.
Reconciling IFRS with US GAAP, Canadian and German HGB reporting for foreign parents, funders and lenders.
Closing records, reconciliations and controls so the statutory audit runs on time and without qualification.
Coordinating audits of African subsidiaries to ISA, to the timetable and instructions of the group auditor.
Internal audit programmes, control testing and anti-bribery reviews against FCPA, UK Bribery Act and CFPOA expectations.
Expenditure verification and reporting for development-finance, donor and public-sector funded projects.
Intercompany pricing and documentation reviewed against OECD guidelines and Ghana Revenue Authority rules.
Reporting packs and covenant statements in the format and standard that each funder requires.
We align reporting to the framework each stakeholder relies on, and document the reconciliation between them.
The reporting framework adopted in Ghana and most African markets, and accepted by investors in Canada and Europe.
International Standards on Auditing, issued by the IAASB and applied to statutory and group audits.
Reconciliations for US, Canadian and German parent companies and funders, plus OECD transfer pricing guidelines.
Review the accounts, records and controls against the standard the stakeholder requires.
Resolve gaps, convert or reconcile to IFRS, and investigate anything unexplained.
Audit to ISA, led by our licensed Chartered Accountant partner and delivered on timetable.
Investor, lender and board reporting that stays aligned after the deal closes.
Accounts that foreign investors and lenders can rely on
Faster due diligence and fewer price adjustments
Independent answers when something does not add up
Tell us about the business, the investor or lender, and the standard they require. We will outline what it takes to get there.
Start the Conversation →Our auditing and forensic accounting work is led by a partner who is a licensed Chartered Accountant. The same senior team prepares the business for audit, carries out the audit and forensic reviews, and aligns reporting to international standards, so you deal with one qualified team from start to finish.
International Financial Reporting Standards (IFRS and IFRS for SMEs) and International Standards on Auditing (ISA), which Ghana has adopted, together with US GAAP, Canadian standards and German HGB where investors or parent companies report under them.
When there are signs of fraud, missing funds or irregular payments, in shareholder or contract disputes, and before an acquisition or investment when the numbers need to be tested independently.
African businesses preparing for foreign investment, foreign investors and parent companies with operations in Ghana and Africa, project companies reporting to lenders and funders, and public bodies that need independent financial review.