Efficiency And Methodology

Our audit approach focuses on major risk areas, taking management’s needs into account.We achieve this by:Ensuring minimum disruption of work. Focusing on up-front planning, we tailor our approach by obtaining our indepth knowledge of our client’s business through meetings with key officers before commencement. We work closely with executive and operational management to determine key areas, which could result in material error occurring in the annual financial statements. Prior to commencement of field work, we will also, in conjunction with clients’ top management, identify the critical audit risk areas and any other management concerns. These will then be documented, for incorporation into the audit plan. Adapt our audit plan to address the risks facing the client, for example the risk of inaccuracies. Understand specific needs of our clients and the identification and analysis of significant audit areas. Ensure that our Client’s Services Partner Keeps a close touch with the top management of our clients to identify issues and plans to be incorporated in our audit plan.

RISK-BASED AUDIT METHODOLOGY
Our risk assessment takes place at the initial planning stage and is discussed and verified with our client before our work commences. We correlate the level of detailed testing directly to the relative risk of each audit area. This Efficiency And Methodology MeMethodoloryFocus results in a more focused and more efficient audit. To perform the precise level of testing required, we make use of the most advanced auditing techniques and technology.