Audit plans and risk assessments
Prepare audit strategies, materiality schedules, risk assessments and audit programmes. Map financial reporting, fraud and related-party risks to the procedures agreed with the engagement professional.
Meet Patrick.
Audit, Assurance & Internal Controls
Patrick prepares audit plans, risk assessments, testing schedules and workpapers, helping KMFINCO's audit team review financial statements, document findings and follow up exceptions. His work supports clear audit priorities, traceable evidence and practical recommendations for your business.
Part of the KMFINCO team.
Working alongside our professionals.
What Patrick
can help with.
Clear audit priorities, traceable evidence and actionable findings. We agree the services, deliverables and professional review around your priorities.
- Audit planning
- Financial reporting risk assessment
- Materiality assessment
- Controls testing
- Substantive audit testing
- Audit workpaper preparation
- Financial statement review
- Transaction data analysis
- Fraud-risk assessment
- Audit completion memoranda
- Management letter drafting
- Audit readiness reviews
Internal controls and testing
Document process walkthroughs, risk and control matrices, control design and operating-effectiveness testing. Include access, change-management and system controls where they form part of the agreed review.
Substantive audit testing
Prepare sampling plans and testing schedules for cash, receivables, payables, revenue, inventory, fixed assets and payroll. Analyse transaction populations and record exceptions for the audit team's investigation.
Financial statement review
Support financial statement audit testing, disclosure review, journal entry analysis and the review of accounting estimates. Link proposed findings to the statements, trial balance and underlying evidence.
Audit workpapers and evidence
Prepare lead schedules, trial balance mappings, indexed workpapers and confirmation requests. Cross-reference sources, document sample selection and track missing evidence so reviewers can follow the work.
Findings, completion and reporting
Draft management letters, audit completion memoranda and governance reports. Summarise misstatements, subsequent events and going-concern questions, resolve review notes and track control remediation and audit readiness actions.
Working with
our professionals.
Meet our people KMFINCO's engagement professional oversees audit planning and testing, assesses the evidence and resolves exceptions. Independence assessments, assurance conclusions and signed reports remain with the responsible professional.
Our approach to professional sign-offConnected KMFINCO expertise.
Insights for your next decision.
Let's start with
your priorities.
Tell us about the entity, reporting period, audit or review required and your deadline. Our team will agree the deliverables, information needed and professional review.