Flexible Reviews
A flexible review is an assessment of the quality of work on an engagement, scoped to focus on specific areas of good practice, weakness or concern for the firm.
A flexible review features a detailed review of the working papers and/or financial statements, scoped to your requirements. Example of flexible reviews that we can perform are, a detailed review of the significant risk areas of a larger than normal client (eg. OPEI), thematic reviews such as the audit of cashflow statements, the audit of impairments, audit work over changes in auditing standards over ISA 315 (Identifying and Assessing the Risks of Material Misstatement), ISA 240 (The Auditor's Responsibilities Relating to Fraud in an Audit of Financial Statements) or ISA 570 (Going Concern).
We work with you to determine what you need in order to improve audit quality. These types of review can also form part of the monitoring and remediation work for ISQM 1.
Combined Reviews, Maximise Value
While we're on site, we can carry out multiple reviews—giving you more value from our experts in one visit.
Most of our reviews can also be completed remotely, get in touch to discuss how we can help you
- Price available on application.
- Mercia Members receive a 10% CPD discount.
- All prices are subject to VAT and expenses
Book a review...
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Reach out to us through our live chat or ask us a question. A member of the Mercia team will get back to you ASAP.
