Audit


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Audit

Internal Audit: Independent review of internal controls, processes, and procedures to assess their effectiveness, identify weaknesses, and recommend improvements.
Management Audit: Evaluation of managerial performance, decision-making processes, and adherence to organizational goals and objectives.
Compliance Audit: Review of compliance with specific laws, regulations, contracts, or internal policies and procedures.
Due Diligence Audit: Comprehensive review of financial and operational aspects of a business to assess risks and opportunities, typically conducted during mergers, acquisitions, or investments.
Information Systems Audit: Evaluation of IT systems, controls, and security measures to ensure confidentiality, integrity, and availability of data, often referred to as IT audit.
Special Purpose Audit: Customized audits designed to meet specific needs or objectives of clients, such as inventory audits, revenue audits, or royalty audits.
Review Engagements: Limited assurance engagements to review financial statements or other financial information to provide a moderate level of assurance on its accuracy and completeness.

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