In the third of a sequence of content on improving audit documents, Specialized Consultant Andrew Paul considers strategies to maintain benchmarks in the final phases.
Practical experience tells us that no issue how great the intentions when preparing the audit spending plan, often, by the time the completion stage of the assignment is reached, time is restricted, the deadline is looming, methods can be rushed and the good quality compromised. So, this write-up looks at some of the locations exactly where the completion of the audit can be improved.
For a great deal of us, when we started out on our journey as chartered accountants, contacting and casting the accounts was a common element of our perform. The arrival of digital accounts production might have produced this activity look considerably less related, but I would advise that there is nonetheless an crucial check out to be accomplished in this article.