French audit firm Mazars bats for joint audit in India
CFO News
JUNE 8, 2023
Joint Audit India: David Herbinet, its global head of audit, says joint audit deals with challenges of high concentration of Big Four firms and of audit quality
CFO News
JUNE 8, 2023
Joint Audit India: David Herbinet, its global head of audit, says joint audit deals with challenges of high concentration of Big Four firms and of audit quality
E78 Partners
JANUARY 5, 2024
Audits are an essential part of ensuring that a company’s financial statements are accurate and compliant with accounting standards. Proper preparation is critical in navigating the post-acquisition audit process smoothly, minimizing disruptions, and providing timely, accurate information to stakeholders.
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VCFO
NOVEMBER 7, 2023
It’s important to differentiate between having audited financial statements and a QoE report, as these are quite different reports. An audit opines on the accuracy of a historical period. An audit looks backwards, giving an opinion on the financial statements and health of the company.
PYMNTS
MARCH 13, 2018
Forty percent of audits inspected by the International Forum of Independent Audit Regulators (IFIAR) included serious problems, according to news from The Financial Times on Monday (March 12). The IFIAR found accounting lapses in about 40 percent of the 918 audits of public companies inspected in 2017. In the U.K.
CFO Share
APRIL 11, 2024
Outsourced IT companies (MSP’s) do audit services to help identify these risks. This not only prevents the possibility of such fraud but also ensures a comprehensive audit trail for all transactions. Advanced software solutions offer additional layers of oversight, flagging unusual activity for further investigation.
CFO Talks
MARCH 20, 2024
Example: When it’s time for an audit, the Controller is hands-on, working directly with the auditors, showing them the books, and explaining the details. The CFO, on the other hand, talks strategy with the audit partner and handles any big issues that pop up. It’s about leading, not just managing.
CFO Talks
AUGUST 24, 2022
You chose to take the accounting, the CFO roles, as opposed to auditing, why did you take that decision? I think with auditing I always felt, when I left PwC, where I did my articles, that it’s probably easier to go back into the auditing profession, than staying there and specialising and one day wanting to be in commerce.
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