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In a rapidly evolving business and regulatory environment, the right guidance is more important than ever. Our audit professionals draw on deep industry experience and global resources to help clients navigate change and strengthen the value of their businesses.

When thinking about your annual audit, consider the following:

   
  • Does your auditor anticipate surprises?
    Few things can derail an audit process quite like a nasty surprise. The most successful audits, therefore, are built on foresight – the ability to anticipate risks, challenges, and opportunities. Work with your auditor early on to identify possible risk areas and determine how those risks can impact financial reporting going forward. Because if problems aren’t dealt with early, it may already be too late.
 
  • Is your auditor skeptical enough?
    One of the keys to a successful audit is a healthy amount of skepticism. The ultimate objective of any audit is to provide an independent and objective assessment of financial reporting for the benefit of your investors – and for your benefit, too. While gathering and evaluating evidence, your auditor should never be satisfied with less-than-persuasive material. They should critically assess all evidence with a questioning mind and strive always to provide your investors with the high-caliber audit they expect. It may not always be comfortable, but ultimately, it’s for the good of your business.

CONTACT US



Steve Albert
Southwest Assurance Regional Managing Partner
713-407-3825 | Email



Layne Campman
Regional Business Development Director
214-665-0757 | Email
 

Audit quality is a never-ending pursuit.
Read our 2018 Audit Quality Report.