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Corporate Governance

What type of audit is best for my company?

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Audit services strengthen the reliability of information and have become essential in business relationships. Find out where to start and which area of work is best for your company!

Conducting an audit demands great attention, since every detail observed is essential. The procedure ensures that an organization's internal processes are carried out with absolute transparency, demonstrates a commitment to quality, and provides security to everyone. Thus, it also contributes to increasing credibility in its sector.

Although it may not be common knowledge, when we talk about types of audits, there are several areas of work. With one of our articles You've already realized you need an audit; now learn about the ideal type for your company.

Processes up to the audit stage

Because it is an extremely delicate and important process, there are several steps that must be completed before any type of audit can actually begin.

The type of accounting audit, for example, is done to provide assurance to those receiving accounting information that the information accurately reflects the business, without significant distortion. Whether it's a bank, a supplier, or even the company's board of directors, it's an audit because it requires several specific procedures that demand a certified auditor's approval.

There is another type of work, called limited review, which goes beyond accounting. In the review process, there is an analysis of whether the accounting balances reflect the reality of the business, but its procedures are less complex than those of a full audit.

Where to begin?

Never conducted an audit before or unsure what to do? Check out where you should start:

Audit: for those who have already had a review and actually want an audit.

Tax accountant: for those who have not performed any type of audit;

Limited review: for those who have already completed the appropriate type of audit and want to move to the next step;

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