We tailor the audit approach in such a manner that the audit effort is greatest in the high-risk areas. This not only satisfies the regular requirements but also results in meaningful management letters/audit reports to help the client improve its system.
We direct our efforts to areas with a higher potential for material error. We believe that client service is a continuous process and involves frequent structured and informal communication with the client.
Formal reports are an important element of our communications which are designed to highlight any control weaknesses or any areas where controls need to be further strengthened.