Celebrating 15 Years of Serving the Profession!

NEW!
AUDITWATCH OPPORTUNITY LOCATOR

An affordable solution for any size firm, the AuditWatch Opportunity Locator provides you with valuable information on how your audits are being executed. We will review four of your audit engagement files and will look for opportunities to improve quality, efficiency or consistency. We will communicate our findings to firm senior management via a two hour web based conference call and will provide feedback on the following areas.

  • Planning and Risk Assessment: Are teams doing everything they should? Do they know where to cut-back or dig deeper? When it comes to the whole risk assessment process, do they “get it”?
  • Evaluating Internal Controls: Are teams evaluating controls accurately? Do they know what they’re looking for? Can they focus on what really matters without spending several hours compiling insufficient information?
  • Planning a True Risk-Based Audit: Are teams focusing on risk? Does the team identify and document the risks that drive strong audit procedures?
  
  • Performing Strong Audit Procedures: Are teams designing strong analytical procedures? Do they sample correctly? Are they picking the most effective and efficient procedures?
  • Other Important Topics: AuditWatch will also provide feedback we have related to documentation, client management, methodology, etc.

Conducted by our experienced AuditWatch consultants, this program is designed to aid audit leadership in recognizing, framing, and prioritizing the opportunities for improvement that exist within the firm.

Our experienced consultants will review up to four of your audit engagement files and give you feedback!

For more information and scheduling call 800.775.9866.  
 

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