| TRANSPARENCY REPORT
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AUDIT QUALITY
Other tools are regularly
analysed and reviewed to ensure
that the data analytic options
available meet the needs of an
evolving audit marketplace.
The data analytics team work closely
with the audit teams on the best ways to
approach data ingestion and audit testing.
In this way, the audit team can translate
their knowledge of the client into an audit
approach incorporating the latest tools
available. A secondment programme has
been introduced to allow auditors to gain
a greater understanding of the solutions
available which they take back to their
offices to act as local champions.
The RSM audit approach has been
incredibly robust and has resulted
in some valuable findings for us as
a management team. Their riskbased approach
to data analytics
is ahead of any I have previously
experienced and has meant that
they have genuinely got to the
heart of detecting any unusual
transactions for sampling and
providing greater assurance over
the controls. This, coupled with a
responsive and pragmatic partner
and team, has meant that the audit
process has provided significant
value to us as a business.
Asset Solutions Group Ltd