A financial statement audit is the examination of an entity’s financial statements and accompanying disclosures by an independent auditor. The result of this examination is a report by the auditor, attesting to the fairness of presentation of the financial statements and related disclosures. The auditor’s report must accompany the financial statement analysis when they are issued to the intended recipients.
Customized, Risk-Based Approach
With SD Mayer you will benefit from a customized, risk-based approach that emphasizes timely communications and coordination of activities. Depending on your financial statement audit users, you may need to report under different sets of standards or provide varying levels of details. Regardless of your requirements, we can scale our approach to meet your needs. Our audit approach includes:
Risk-Focused Financial Statement Analysis: We identify, document and analyze key processes and controls that have been implemented to manage those strategic risks that are relevant to the audit.
Efficient, Effective Financial Statement Audit: Work directed to those processes that have strategic significance to your organization.
Value-Added Service: Look beyond the traditional audit scope to better understand the internal culture of your organization, including the people you serve, your services, alliances, business structure, philosophy and operating style.