Project Financing involves the financial assessment and structuring of funding requirements for a proposed project. It may include evaluation of the project’s financial feasibility, preparation of financial projections and supporting documentation required for discussions with banks and financial institutions.

Project financing is generally relevant to projects requiring significant capital investment and may involve a combination of debt and equity financing. Chartered Accountants may assist in evaluating financing requirements, preparing financial models and project reports and supporting communication with financial institutions.

The purpose of Internal Audit is to assess whether established controls and procedures are appropriately designed and operating effectively. It also helps identify control gaps, process weaknesses and areas requiring management attention.