External Financial Statement Audit
Budget: $30 – $250 USD
My finance team has closed the books for the fiscal year, and I now need an independent external audit that focuses squarely on the accuracy of those financial statements. This is a full-scope financial audit carried out in accordance with the relevant international and local standards so shareholders, regulators, and lenders can place complete confidence in the final numbers.
Scope
• Review the general ledger, supporting schedules, and all material account balances.
• Perform substantive testing, analytical procedures, and confirmations you deem necessary to issue an audit opinion.
• Evaluate internal controls only to the extent required for an external audit; a separate control report is not expected.
• Deliver a clear, dated audit report expressing your professional opinion on whether the statements present fairly, in all material respects, our financial position and results.
• Provide a concise management letter outlining any material misstatements or adjustments identified during fieldwork.
Key points
– Engagement is strictly external; you must remain independent from preparation and bookkeeping roles.
– Emphasis is on financial-statement accuracy rather than broader operational or compliance objectives.
– Preferred tools include modern audit suites (e.g., CaseWare, IDEA, or ACL) and secure document portals for evidence exchange.
– Final deliverables are the signed audit opinion (PDF + original), adjusting journal entries, and the management letter.
I will make all source documents, trial balances, and prior-year workpapers available once an NDA is signed. Fieldwork can be performed remotely, but at least one virtual walkthrough meeting with my accounting staff is required for risk assessment.
Please outline your proposed timeline, the standards you will follow (ISA, PCAOB, etc.), and any additional data you will need before kick-off.
Scope
• Review the general ledger, supporting schedules, and all material account balances.
• Perform substantive testing, analytical procedures, and confirmations you deem necessary to issue an audit opinion.
• Evaluate internal controls only to the extent required for an external audit; a separate control report is not expected.
• Deliver a clear, dated audit report expressing your professional opinion on whether the statements present fairly, in all material respects, our financial position and results.
• Provide a concise management letter outlining any material misstatements or adjustments identified during fieldwork.
Key points
– Engagement is strictly external; you must remain independent from preparation and bookkeeping roles.
– Emphasis is on financial-statement accuracy rather than broader operational or compliance objectives.
– Preferred tools include modern audit suites (e.g., CaseWare, IDEA, or ACL) and secure document portals for evidence exchange.
– Final deliverables are the signed audit opinion (PDF + original), adjusting journal entries, and the management letter.
I will make all source documents, trial balances, and prior-year workpapers available once an NDA is signed. Fieldwork can be performed remotely, but at least one virtual walkthrough meeting with my accounting staff is required for risk assessment.
Please outline your proposed timeline, the standards you will follow (ISA, PCAOB, etc.), and any additional data you will need before kick-off.