How we work
The engagement path from scoping to opinion
Financial audits are timed projects with evidence gates. This page shows the sequence we follow so finance teams know when to freeze books, schedule counts, and review draft findings.
What happens before fieldwork
A scoping call confirms legal entities, reporting framework, prior-year issues, and hard deadlines from banks or shareholders. Independence checks run before we accept the fee. The engagement letter locks scope, materiality approach at a high level, and deliverable dates.
You receive a document request list tailored to your industry—manufacturers see inventory and cut-off emphasis; trading companies see receivables and related-party purchase focus.
During fieldwork
Teams work from the trial balance outward. Material accounts receive substantive testing; less material areas may rely more on analytics. Inventory observation, if required, is scheduled with warehouse managers so shipping freezes are realistic.
Open items are logged daily. We do not wait until the closing meeting to mention missing confirmations or unexplained variances.
After draft findings
Management reviews proposed adjustments and disclosure wording. Once books and notes are final, we issue the auditor’s report and, where agreed, a management letter on control observations.
Week −4 to −2
Scoping, engagement letter, confirmation mailing plan, count schedule.
Week 0
Books close; draft trial balance and aged schedules arrive.
Weeks 1–4+
Fieldwork, observation, inquiry, and progressive finding notes.
Final week
Draft findings meeting, adjustment decisions, signed opinion.