Audit Execution Archives - HAMG Consultancy Group

11 Aug 23

Ethical Principles in Audit Engagements: Upholding Integrity and Public Trust

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Ethical principles are the foundation of any profession, and their significance is particularly profound in the realm of audit engagements. Auditors are tasked with the responsibility of examining and verifying financial information to ensure its accuracy and reliability. This role demands unwavering adherence to ethical principles to maintain the integrity…

24 Jul 23

Stages of the Audit: Audit Execution (Part iii)

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The audit execution stage(or so called “Field Work”) is a critical phase in the audit engagement process, following the planning phase. During this stage, auditors perform substantive testing, evaluate internal controls, and gather sufficient audit evidence to form an opinion on the financial statements’ fairness and compliance with accounting principles.…