One of the objectives in carrying out an audit is to express an opinion on financial statements prepared by the client while carrying out the work. To reach these opinions we gain valuable experience of various businesses and are able to provide constructive feedback to management.
Effective planning is essential to the success of each audit. Our planning processes addresses the following points.
Establishing an audit time-table.
Selecting and deploying proper staff.
Examining the key risk areas and other issues which are critical and which influence the direction of our audit work.
Regular communication with management.
Setting out a programme for the audit field work.