Despite apparent similarity, the audit services provided by the major firms are by no means identical. They need our independent, objective point of view. This means that we evaluate the risks inherent in a client's business and accounting systems, consider the controls in place to address those risks and, with these factors in mind, design audit procedures to test the key elements in financial statement. These activities call for judgment and experience.
Judgment is vital as every client is unique.
Experience translates into time and cost savings because our auditors target areas of audit significance and related controls and have a seasoned knowledge of how to evaluate them. We believe that the breadth of our approach to staff, and our training programs, significantly enhance the effectiveness of our organisation. In addition, advance technology has and important role to play in further improving the quality of our services. The transmission of fact and opinion keeps management fully informed of progress and of any issues requiring special attention. On many occasions, we summarise the results of this dialogue in a management letter.