The CEFRG Audit Quality Improvement Reviews (AQIR) is a quick diagnostic assessment, for select audit firms. Typically it is a two days exercise, where we will begin with a quick desktop review of any selected AUDIT FILE and we will benchmark it to our CEFRG Audit Methodology, disciplines and processes. This review, done without the usual confrontational attitude, will provide a SWOT analysis of the audit practice with specific guidelines for quality improvements to enhance the efficacy of attest functions.
NEED FOR TOUGH AUDIT REVIEW PROCESS IN SMALLER FIRMS
Auditing is a serious occupation with severe consequences, if it fails. Audit failure is not uncommon. Even in India, which had a reasonably comfortable climate Read More
CEFRG - AUDIT FAILURE STORIES
CEFRG has made an in-depth study of several financial irregularities and we have created a repository of CASE STUDIES on Audit Failures. CEFRG will frequently present a quick synopsis of significant Audit Failures for the benefit of Auditors.