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.