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External Audit

1 min read

An external checkup on:

Process

  1. Auditors do a Regulation Compliance checkup
    1. Checks transactions history
    2. Report to internal management or Stakeholder
  2. Examination of financial records
    1. Checks if accounting follows Generally Accepting Accounting Principles or International Financial Reporting Standards
    2. Reported to Shareholder, Investors and the public to provide transparency
  3. Assessment of internal controls
    1. Analyze Risk Management procedures
    2. Analyze governance structures
    3. Reported to senior management
  4. Conduct a independent third party audit
    1. They follow a standardized audit process

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