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Disrupt audit industry

audit is a regulated industry. High quality and compliance is required. We need to start from the foundation to strengthen the audit work. Analytical review is important than vouching.

 
 
 

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Revenue completeness

The golden rule - revenue completeness can never ever be ascertained from issued sales invoice. Revenue completeness should be ascertained from fulfilled order, contract or delivery note. It should

 
 
 
Audit thinking logic

What are we going to audit - revenue, trade receivables, unquoted equity investments, trade payables, etc What audit procedures (nature, timing) to be performed to ascertain each of the assertions Wha

 
 
 
Audit schedule provided by client in audit

Before we place reliance on audit schedule provided by client in an audit engagement, we are required to ensure the completeness and accuracy of the audit schedule. In order to address the issue, we n

 
 
 

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