About Audit and Statutory Audit
• Valuation and definition of risk areas;
• Survey of internal control procedures (collaboration in creation of internal control manuals for customers, implementation and follow up, creation and application of tests risk areas);
• Analytical testing (analysis ratios, variance analysis, budgeted vs. actual, historical information, and others.);
• Audit substantive tests (cash counts, bank reconciliations, reconciliation and auditing the receivable and payable accounts, third party confirming’s, cut off testing, test purchases, conducting physical counts of inventory items, physical verification of assets acquired , impairment testing, testing costs, i...