Audit cycle
How a statutory engagement unfolds
This page maps the rhythm of our flagship financial statement audit so controllers know when to freeze the trial balance, schedule counts, and expect draft findings.
Intake & independence check
We confirm there is no bookkeeping or conflicting advisory relationship, gather prior-year reports, and share a document checklist keyed to your chart of accounts.
Planning & materiality workshop
Partners meet your controller to set planning materiality, identify significant accounts, and agree fieldwork windows around inventory counts and board dates.
Interim procedures
Where timing allows, we test controls and roll-forward balances mid-year so year-end weeks stay focused on cut-off and final balances.
Year-end fieldwork
On-site or hybrid testing of material balances, bank and receivable confirmations, inventory observation, and related-party review.
Review, report & exit meeting
Engagement partner review, draft auditor’s report, management letter with ranked observations, and a closing discussion with finance leadership.
What you prepare
Documents that keep the cycle on schedule
- Draft financial statements and notes
- Trial balance and general ledger extracts
- Bank confirmation contact list for every account
- Inventory count schedules and floor maps
- Related-party listing and board minutes