DANIEL, AUG 24
“Team seemed to work well and audit process was overall fairly smooth. A couple of areas of improvement: – Requests to subsidiary entities for direct audit work on components seemed less joined-up than requests to the UK team, as such some of the work (mainly Spain and Malaysia) had requests drag on for some time after the main work was completed. – Accounts production – I love that this is included in the scope and I’ve been impressed with the turnaround time on getting new versions. But we got to v6 on the audited Holdings accounts and v5 on the unaudited Limited accounts, with several of those versions involving easy formatting errors. Would be great to bring the number of iterations down.”