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KPMG external audit methodology

 
forum comment
#0 KPMG external audit methodology
 
curiousgeorge2
12.04.15 00:00
 
Hi guys a newbie hereI see KPMG got an award for "lean audit" apparently there is a workshop approach to initial process understandng please can someone tell me what is done? How is it better? Do they use technology in the audit process ? Thanks
 
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forum comment
#0 RE: KPMG external audit methodology
 
anushi
24.04.15 00:00
 
Assisting audit teams to conduct an efficient and effective audit by identifying and focusing on the major technology related risk areas affecting a client's processes.Ensuring that the client understands how technology-related risk can impact their financial statements.Providing a gap analysis, risk profiles, business diagnostics and performance improvement suggestions.Helping Audit teams determine whether the client's information systems are providing reliable information for substantive audit procedures.Assisting the Audit team in determining whether the client's information systems are providing reliable information for audit procedures, decision-making and external reporting.
 
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