Financial statements audit
A BDO audit lends credibility to a client's financial statements and our auditors bring more to
an the assignment than a mere ticking of the boxes. Through our global network, they have access to knowledge of industry developments and international trends which gives them intrinsic awareness of the global marketplace, as well as required local standards. BDO team will meet with you before the commencement of work and partake in a detailed discussion in order to really get under the skin of your business and understand it fully.
The BDO risk based audit approach is applied consistently across our network through the use of the BDO Audit Manual, a core technical document that fully complies with international auditing standards. Each member firm adds relevant guidance to address the national statutory and professional requirements.
Auditing is not a static process and we recognize the need to offer our clients the best possible range of compliance and advisory services and we therefore ensure the continual development and enhancement of our range of audit tools.
BDO's methodologies, tools and guidance are developed with our clients in mind and promptly reflect external developments. The BDO audit approach is thus based upon an extensively researched common methodology that centers around:
- Obtaining an understanding of the business being audited from an internal and external point of view
- Assessing the risk of material misstatements and the controls in place to address prevent these risks
- Choosing appropriate procedures to obtain evidence of the significant financial statement assertions
- Ensuring rigorous quality control over audit performance
We have professional experience across a wide range of industries and our audit staffs are able to apply skills and specializations which benefit your business as a whole.