Financial Examination: Review financial statements, ledgers, and accounting systems to ensure accuracy and compliance with regulations and standards.
Internal Control Assessment: Evaluate internal controls to determine their effectiveness in safeguarding assets and ensuring reliable financial reporting.
Risk Identification: Identify potential risks and areas of concern in financial operations and processes.
Audit Procedures: Perform audit procedures such as testing transactions, analyzing data, and sampling to verify the integrity of financial information.
Documentation: Maintain detailed audit documentation and records to support findings and recommendations.
Communication: Communicate audit findings, recommendations, and observations to relevant stakeholders in a clear and concise manner.
Compliance: Ensure compliance with regulatory requirements, accounting principles, and company policies.
Continuous Improvement: Participate in ongoing training and professional development to stay updated on auditing standards and best practices.