Partner led
The Audit Partners will lead from the front throughout the audit cycle, taking full responsibility for the quality of our audit services.
Risk focused
We will focus on areas of greater risk in your business. Issues are identified and addressed at an early stage.
Highly automated
We adopted LEAP - an innovative audit approach, via the use of our audit software Voyager and supplementary software Tbeam and Pentana Checker. This enables the audit team to generate audit programs that are tailored to client specific situations and focused on the identified risk areas. This approach helps to deliver more extensive and proactive advice.
Planning the Audit
What we do
- extend our knowledge of the business to assess risk
- understand the concerns of management
- liaison with overseas auditors
What you see
- regular contact between the management and our audit team
Agreeing the Audit strategy
What we do
- assess materiality
- produce an audit strategy memorandum
What you see
- meetings to discuss the content of the audit strategy memorandum and timetable
Fieldwork stage
What we do
- assess effectiveness of controls
- revisit initial risk assessment
- complete substantive testing programmes
- evaluate results of work
What you see
- prompt reporting of issues as they arise
- meetings with management to discuss progress
- locally based knowledgeable staff
Reporting
What we do
- prepare and issue a detailed agenda on key issues
- issue an audit opinion
What you see
- meetings to discuss any issues from the audit
- audit opinion on the financial statements
- reports and attendance at Audit Committee meetings
