|
Performing audits has been the cornerstone
of Malin, Bergquist for more than 40 years. Our audits
do more than just verify the facts; we use them to give
our clients a blueprint for better, more effective financial
practices and decision-making in the future. We place great
value on identifying opportunities for clients to improve
their operations, from waste reduction to payment cycle
adjustments and more. Every audit complies with professional
standards, and is geared toward uncovering your business’s
strengths in order to achieve maximum efficiency.
Our Tailored Audit Approach
We do not use a cookie cutter approach to auditing clients.
Rather, we focus on you and your business. At the outset,
we meet with you to design an individualized audit plan based
on your business operations, your controls and your timetable.
We remain in constant communication with you throughout the
audit process and throughout the year, so that we can respond
to your needs and requirements as they change.
As part of the audit process, we evaluate and assess your
risks, including:
- Assessing inherent risks at the
financial record and account balance levels
- Evaluating your internal control structure and the subsequent
assessment of your control risk
- Assessing the effectiveness of your analytical procedures
in controlling and detecting risk
After we have established a plan and assessed inherent risks,
we use industry-specific audit programs to address critical
risks impacting your company. When possible, we use technology
to perform fewer manual procedures, thus significantly improving
audit efficiency and effectiveness. |