Services · Diagnostic

Financial Statement Area assessment

FSA

Assesses selected financial statement areas such as receivables, payables, advances, cash, inventory, assets and balances through ageing, reconciliation and analytical review.

What changes

More reliable financial data, better reporting, stronger audit readiness and improved system-enabled finance operations.

What you get

Ageing analysis workbook for receivables, payables and advances FSA002
Year to year and year to budget variance analysis workbook FSA003
Exception log and corrective action tracker FSA004
Financial statement area assessment report with management action plan FSA005

What has to come first

Nothing is required before this service.

The assessment can run as a standalone diagnostic
NAHNeeds Assessment Report - National Head Quarters or NABNeeds Assessment Report - Branch/District Recommended

Needs assessment findings point to the balance areas at highest risk
COAChart of accounts analysis and review Recommended

A clean chart of accounts makes composition and variance analysis meaningful across periods

Who is involved

From the National Society's side. This is what the engagement asks of your people.

Your own staff work alongside the adviser throughout, so this is a commitment of their time as well as the Centre's. Ask in the request and you are given the day estimate per role before anything is signed.

Role	What they do
HNS Head of Finance / finance team	Owners of balances and reconciliations
HNS Secretary General / senior management	Use the insights for decisions
Programme managers / project coordinators	Advances and project balances
Procurement / logistics	Payables and supplier management
HR / payroll	Staff advances, where applicable
Internal audit / compliance	Assurance and follow-up
External auditors	Rely on the assessment for audit readiness

How it is measured

Indicator	Target	Evidence
Underlying listings reconciled to the trial balance before analysis starts	100% of in-scope balance areas	Reconciliation summary in the ageing analysis workbook (FSA002)
Flagged exceptions investigated with management explanations and classification	100% of items above the agreed thresholds	Exception log and corrective action tracker (FSA004)
Assessment report approved by the Head of Finance within target time of fieldwork completion	4 weeks	Approved assessment report (FSA005)
Corrective actions converted into a tracked plan with owners and deadlines	100% assigned an owner and deadline	Management action plan (FSA005) and follow-up log

Tools

4 of 5 ready to download. The rest are in development and listed so you know they are coming.

FSA001 Gantt chart for project tracking Placeholder In development
FSA002 Ageing analysis workbook for receivables, payables and advances Template XLSX
FSA003 Year to year and year to budget variance analysis workbook Template XLSX
FSA004 Exception log and corrective action tracker Template XLSX
FSA005 Financial statement area assessment report with management action plan Template DOCX

Standards

IFRS / GAAP accounting standards
ISA - International Standards on Auditing
GFDC Operational Framework (intake, triage, service workflow)
HNS finance manual, accounting policies and close procedures
Donor agreements and reporting requirements
HNS budgeting policy and budget vs actual reporting procedures
HNS advances policy and clearing procedures

Describe the problem, not the service

You do not need to know which of the 124 to ask for.

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