Financial statements audit
A BDO audit lends credibility to a client's financial statements and our auditors bring more to an assignment than a mere ticking of the boxes. Through our global network, they enjoy access to knowledge of industry developments and international trends and this gives them intrinsic awareness of the global marketplace, as well as required local standards. Your BDO team will meet with you before work commences and ask many questions in order to really get under the skin of your business and understand it fully.
Auditing is not a static process and we recognise the need to offer our clients the best possible range of compliance and advisory services and we therefore ensure the continual development and enhancement of our range of audit tools.
BDO's methodologies, tools and guidance are developed with our clients in mind and promptly reflect external developments. The BDO audit approach is thus based upon an extensively researched common methodology that centres around:
- Obtaining an understanding of the business being audited from an internal and external point of view
- Assessing the risk of material misstatements, and the controls in place to address prevent these risks
- Choosing appropriate procedures to obtain evidence of the significant financial statement assertions
- Ensuring rigorous quality control over audit performance
In a world of increasing technical requirements, BDO is committed to keeping our clients one step ahead.
BDO is one of the six networks on the Global Public Policy Committee, which enables our distinctive input into the actions steps needed from the industry to address the role of an auditor and the expectations from clients, investors and other stakeholders.