Key Contacts

Services

Audit & Assurance

External Audit

An external audit is an examination that is conducted by an independent accountant. This type of audit is most commonly intended to result in a certification of the financial statements of an entity. This certification is required by certain investors and lenders, and for all publicly-held businesses.​​

We believe and strive for long-term client relationships, dramatically reducing the amount of time your staff spends familiarizing our professional staff with your business procedures. You will deal with the same experienced professional staff year after year, which will develop efficiencies in the audit process. Our professional audit processes are such that your assigned auditors will be performing ALL of the audit procedures - from the initial planning meetings through fieldwork, to financial statement preparation.

The objectives of an external audit are to determine:

  • The accuracy and completeness of the client's accounting records;
  • Whether the client's accounting records have been prepared in accordance with the applicable accounting framework; and
  • Whether the client's financial statements present fairly its results and financial position.

Stages of our typical audit include

  • Plan and design an audit approach
  • Perform a test of controls and substantive test of transactions
  • Perform analytical procedures and tests of details of balances
  • ​Report finalization and final analytical procedures
  • Report delivery and board of directors' presentation