How we do an audit
Our audit of your financial statements begins with obtaining a thorough understanding of your business and industry, including your internal controls. Our understanding of how you run the business is important not only because it allows us to offer a personal service, but also to enable us to understand the goals, issues and challenges your company faces. This knowledge and understanding ensure our audit plan is developed around your requirements rather than imposing ourselves on you.
We conclude the audit with the expression of an opinion as to whether or not your financial statements are presented fairly in all material respects and with a management letter where our findings and suggestions for improvement are formalized.
Prior to and during the audit, we work closely with our clients to develop a service plan and calendar, which includes engagement planning meetings and frequent client communications intended to produce an efficient and cost-effective audit.
Our audit methodology is based on the International Standards on Auditing (ISA), a global professional standards for the performance of financial audit of financial information.