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Posts tagged: "Final audit"
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Posted on July 18, 2014 by Michael Carlyon
Now is an exciting time for financial audit teams, as most of us are wrapping up our work and getting our final accounts signed by the Comptroller & Auditor General, ready for Parliament recess next week. The end is in sight for another year! For those of us who have led an audit for the first time it is not only the end of the peak audit season but also the culmination of a challenging learning process that goes with the responsibility of leading an audit. more… Completing your first audit as leadTagged: Audit lead, Clients, Final audit, Financial audit, Learning, Recess, Skills and experience, Support, Training
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Posted on June 13, 2014 by James Gurney
Particularly at this time of year, which we consider the ‘peak final audit season’, you’ll find yourself spending a considerable amount of time on site with clients (final audit season is also the peak period of client interaction for many of us across the office). Some of the recent training courses I’ve attended have been extremely useful in making sure that I am able to tackle the challenges that the ‘peak’ throws my way as an audit lead. more… How I got ready to lead on an auditTagged: Audit lead, Client visits, Clients, Final audit, Financial audit, Learning, Skills and experience, Support, Training
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Posted on May 23, 2014 by Laura Wright
The summer months can be a stressful period for financial auditors working at the National Audit Office. This is because the majority of our audit work starts a few weeks after the year end (typically March) and clients are encouraged to complete certification of their financial statements before the end of July. Certification involves the signing of the audit report by the Comptroller and Auditor General of the NAO (currently Amyas Morse) and formal presentation of the accounts before Parliament. As Parliament leaves for summer recess towards the end of July (22 July this year), the deadline for certification tends to be just before this date. more… Our top 10 tips for coping with final audit stressTagged: Annual accounts, Client visits, Clients, Final audit, Financial audit, Work-life balance
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Posted on April 17, 2014 by Michael Carlyon
31 March marks the end of another financial year, and our audit clients close their ledgers and are starting the process of preparing their accounts. This means that the Easter break is a welcome respite before the busiest time of year for financial audit, known as final audit, begins in earnest. more… Preparing for final auditTagged: Annual accounts, Audit cycle, Audit locations, Client visits, Clients, Final audit, Financial audit
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Posted on January 24, 2014 by Laura Wright
The beginning of the year also marks the beginning of the busier time for us at the NAO, as both interim and final audit visits start to loom. Although interim visits tend to start around February, this financial year the audit fieldwork is likely to begin much sooner. more… What I’ll be up to over the next few monthsTagged: Audit cycle, Audit locations, Client visits, Clients, Final audit, Financial audit, Interim audit
Completing your first audit as lead
How I got ready to lead on an audit
Our top 10 tips for coping with final audit stress
What I’ll be up to over the next few months
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