Financial audit

Financial audits consist of analyzing the financial status of a landfill in view of

• its short and long term obligations
• the shareholder’s financial expectations

This audit consists of:

• defining current requirements at the level of investment and operations both at the level of operations and aftercare
• forecasting future requirements at the level of investment and operations both at the level of operations and aftercare
• benchmarking capital and operational expenditures
• analysing legally required provisions for eg final capping and aftercare

Financial audits are often presented under the form of a business plan. This business plan includes:

• financial ratios such as return on investment (ROI), return on equity (ROE), payback, net present value (NPV)
• sensitivity analysis of both critical capex and opex