Does my company need an audit?

Audit is a feature that aims to ensure that internal processes are efficient, safe, confidential and capable of providing all necessary to customers. Audit, in short, is a verification, an analysis of activities developed by a particular company.

This analysis, in addition to shocking reality with an ideal scenario, also complies with the company's performance with what was planned or previously established by the organization.

Do you know if your company needs audit?

When a company needs?

The work of an audit consists of the analysis of internal operations, in which it seeks to identify unmeasured routines, professionals not suitable for their respective positions, indications of any type of financial deviation, as well as internal control problems .

Several are the benefits of an audit. We will see a brief list just below, but beforehand, we can say that it is only with a quality audit that can have a clearer view about what is happening in your venture.

Is there more than one audit type?

Yes, there are several types of audit. The most usual are: internal audit and external audit.

Let's differentiate down these two, after all, it is important to know exactly which one best fits into your company.

Converse with us and we can analyze side by side with you.

Now, check out the differences in the internal and external audit:

• Internal audit consists of internal investigation, and aims to ensure compliance with legal standards and requirements as a whole. Here, the risk is the partiality of some data. In addition, in law dictates, audit reports that will be submitted to administrative power may not have been executed internally, but only externally;

• External audits are independent of the company's body. This audit, which has no connection with the company, elaborates transparent and impartial opinions, capable of demonstrating what happens in the plot of the enterprise and ensure agreement with legislation.

  and which companies need audit?

  Every time there is some type of audit requirement, these fall at the external audit, in accordance with Law 11.638 / 2007, large companies have to hire an external audit to audit the financial and financial statements . Are classified as large companies those with total assets greater than R $ 240 million or annual gross revenue greater than R $ 300 million.

  These audits will be able to benefits such as compliance with legislation, as well as the attraction of new investments. The audit has the main phases the planning, sample analysis, analytical review, evidence collection and finally, report production.

  How about talking to us from Audilink Auditors?

  If you have any questions about the need or not to hire an audit for your venture, do not hesitate to talk to us here at Audilink. In this way, our experts can best explain how we can assist you and ensure better risk management and clarify your horizons for better planning.

  We hope your contact from now!