Client stories
What finance teams noticed during fieldwork
Specific comments on cut-off, suspense accounts, warehouse tags, and purchase controls — not star ratings.
They spent the first morning mapping our revenue cut-off for export shipments instead of diving straight into sampling. Fieldwork still ran long because our warehouse tags were messy, but the final report landed before our bank covenant date.
Engagement: Statutory Financial Statement Audit
The readiness review caught three suspense accounts we had ignored since the ERP migration. Clearing them before year-end meant the statutory team barely touched those ledgers.
Engagement: Pre-Audit Readiness Review
Their due diligence note on working capital was blunt about our slow-moving finished goods. We renegotiated the purchase price with that schedule in hand — useful, even if the tone was drier than I expected.
Engagement: Acquisition Financial Due Diligence
Walkthroughs of our purchase-to-pay cycle showed duplicate vendor approvals we had never noticed. Recommendations were written for our office manager, not for a textbook.
Engagement: Internal Control Walkthrough
Extended note: export cut-off before sampling
A precision-parts manufacturer in Taichung faced a bank covenant tied to audited equity. Their prior auditor had started with receivables sampling while shipping cut-off remained unclear. We opened with bill-of-lading timing against revenue recognition, then moved to the warehouse count.
Inventory tags were inconsistent across two aisles, which extended attendance by a day. Management accepted the delay; the signed report still arrived before the covenant measurement date. The mild friction on tags became a standing agenda item for the next year’s readiness review.