1
Firstly, we will agree the timeline for the audit with you, so we aware of the deadlines we are working to
2
We will request a pre-planning meeting with directors or the senior management team to talk through the year in question and discuss any relevant issues that had have an impact on the business during this time
3
When appointed, we will undertake a review of the internal procedures and systems to help us understand your business processes
4
Our auditors will then plan the audit process, tailored specifically to your company or organisation
5
We will provide you with an Audit Pack which your accounts staff will be able to complete for us prior to the audit. This will include the financial statements to be audited
6
Once the Audit Pack has been completed and returned to us, we will agree the timing of the detailed core audit work with you
7
Once we have completed the core audit work, the audit file is then reviewed ‘in-house’ by a director or senior auditor who has not been directly involved with your audit
8
We then tie everything up and come back to you with any issues that have come out of the fieldwork
9
The file is then reviewed by the audit partner responsible for signing the Audit Report
10
There will be a final client meeting to go through any points and sign off the audit
11
The Audit Report is then signed by the Registered Auditor
12
If any significant weaknesses or suggested improvements to your accounting systems are identified during the process, we will communicate this in writing