Financial statement Audit

The review process by a third party (an Auditor) for the financial statements, policies and procedures of a company with publicly traded stock is called financial statement Audit. This is done for conformance of the accuracy and completeness of the company’s financial statements according to the generally accepted accounting principles. CTCH auditors complete these review process called an audit planning phase once a year at the end of the company’s financial cycle. Other steps include sample control, transaction testing, disclosure testing, final reporting and delivery of the auditors’ opinion.

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