Financial statement audit services
Financial statement audit is the service that help businesses and organizations with their financial reporting needs, as well as provide assurance on the accuracy and fairness of their financial statements.
With a professional and analytical approach, financial statement audit services can include:
- Planning and performing the audit: This service involves understanding the business and its environment, assessing the risks of material misstatement, designing and executing audit procedures, obtaining sufficient and appropriate audit evidence, and forming an audit opinion on the financial statements.
- Fieldwork Execution: The service performs detailed sample selection techniques, substantive testing methods, testing procedures on the transactions and account balances that provide sufficient evidence for the fairness of financial statements.
- Internal Control Evaluation: The service assesses the internal control systems in place within the organization by reviewing policies and procedures related to key business processes, such as revenue recognition or inventory management
- Reporting & Communication: After completing fieldwork procedures, we prepare an audit report summarizing of findings objectively while adhering to professional standards to communicate any material misstatements identified during auditing, along with recommendations for improvement
- Consultation & Advisory Services: The service offers consultation services aimed at helping clients enhance their internal controls or improve overall operational efficiency based on insights gained during the audit process.
- Regulatory Compliance: The service ensures that the client’s financial statements comply with relevant accounting standards, industry-specific regulations, and statutory requirements, and helps organizations maintain transparency and meet legal obligations.
Let us do our good services
Financial statement audit is a work that requires high expertise and a lot of practical experience. We own a strong team with good skills and much experienced experts in performing this service. AFA Accounting is a leading provider of financial statement audit services with high-quality in Vietnam.