Audit Manager - Ahmedabad, India - GEx Search

Description

Planning:

Preparation of requirement list

Understanding clients business and management

Mapping trial balance

Preliminary analytical review

Performing and documenting guidance for internal controls

Opening balance verification

Materiality calculation and sample selection.

Risk assessment

Execution: Execution of the auditing processes is the crucial step where our audit professionals extend their dire support in

Preparing, verifying, and reviewing the working papers

Verifying the audit evidence and indexing

Cross-referencing the documents to the lead sheet/ summary for easy review

Substantive testing

Circulating balance confirmations

End-to-end audit and coordination with client

Preparation of the financial statements as per the International Financial Reporting Standards

Provide training to staff where applicable

Finalization: Services on the final stage of the auditing process includes

Quality review of financial statements

Assistance in preparing consolidation workings

Independent review of audit files to ensure completeness in compliance with ISA

Preparation of letter of representation (LOR)

Preparation of management letter points,

Preparation of draft memo on auditing or accounting issues

Preparation and review of IFRS compliance checklist