JUDGEMENT & ESTIMATE MEMOS
Every audit encounters critical judgements and significant estimates. These are often the most complex and challenging areas to audit. Auditors typically rely on management to write detailed papers which set out positions which have been taken.
Writing these papers can be time consuming and it can be hard for management teams to know what is required. At Cribwood, we can help out. We are deeply experienced in writing position papers which provide the information needed in the audit process.
This experience and knowledge of common areas of estimate and judgement mean that these papers can often be turned around quickly and help navigate you and your audit through times of disagreement during the audit process.
We will charge a flat fee for the service depending on complexity, with small increments for additional versions.
AUDIT DELIVERY & COORDINATION
Dealing with audits are time consuming and can often drag management away from key activities relating to the running of the business. Cribwood offers services to support management teams during the audit process.
Cribwood can work within your organisation to ensure that information is collected timely and perform sense-checks on the quality of the information being provided to prevent delays. We can also act directly on your behalf to provide information to your auditors.
Furthermore we can offer project management services to work with both you and your auditor to ensure the exchange of information is occuring smoothly. Through our independence in the process, we can act as mediator in disputes over the timing and quality of information exchanged.
Due to range of potential solutions, our offering and price will be tailored to your specific circumstance. Please get in touch to find out more.
AUDIT PARTNER ON HAND
We offer an audit partner on hand service, where our experienced, partner level team can sense check information you are being given and offer advice on discussions you are having with your auditor. This allows you to consider positions and approaches in a safe-test environment, prior to engaging with your auditor.
Prices will be charged based on time which is incurred and depending on value which has been provided via the interactions.