Our approach will be to conduct each engagement using our proven, three-phased methodology within the standards established by the AICPA. It is important to note, however, that our engagement team will first obtain an understanding of your business before executing our proven methodology. Additionally, we coordinate the logistics of the engagement with your personnel to acquire the necessary information to complete the engagement objectives.
The objectives of this initial phase are to refine and finalize the scope of the audit work to be performed and to develop a suitable work plan. This will take into account business requirements and constraints of the organization, including identifying controls based on our risk assessment.
Once controls have been identified and documented by the client, fieldwork begins, and we will:
After fieldwork is completed, we prepare and provide a draft report to client management for final input. Once all input is received from our client, we prepare and issue the final report. In general, any exceptions we find are communicated in the following manner: