Field notes
Guides from the audit season
Short pieces for finance leads who need concrete preparation steps—not abstract commentary on “transformation.”
What Taiwanese lenders usually ask for in audited statements
Banks rarely want every working paper. They want a clean opinion, consistent notes, and proof that covenants were measured on the same basis as the statements.
Preparing inventory counts before the auditor arrives
A well-run count day shortens fieldwork. Tags, cut-off instructions, and a quiet floor matter more than a polished presentation deck.
Related-party disclosures that survive scrutiny
Shareholder loans, group management fees, and family-owned property leases need clear terms—not just a total in a note.
Materiality is not a single percentage
Engagement teams set materiality with judgment. Understanding the logic helps finance teams decide which adjustments are worth debating.
Year-end close calendar for audited entities
A practical sequence from trial balance freeze to signed opinion, built around Taiwan filing rhythms and holiday blackout weeks.