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Improving Audit Quality: Mistakes to Avoid
Improving audit quality has been in the news lately, and many firms are looking for ways to get ahead of this important issue. A recent whitepaper featuring Withum’s Jim Bourke outlines 6 Habits of Highly Effective Auditors. In it, the authors discuss best practices for improving audit quality as well as how technology can help. Before […]
Common Audit Deficiencies Often Involve Inadequate Documentation
All audits require documentation, but that doesn’t mean firms are documenting audits sufficiently. In fact, common audit deficiencies identified in peer review often involve a lack of adequate documentation. Of course, this leaves clients vulnerable and auditors at risk of disciplinary action. As a result, firms need guidance about common audit deficiencies related to documentation. A […]
Welcome to PP Pradhan & Co. Blog
Welcome to PP Pradhan & Co. Blog. PP Pradhan & Co., Chartered Accountants, is a public accounting firm based in Kathmandu, Nepal. With the belief that the key to providing the professional accounting and consulting services is to match them with the client’s specific needs, the firm has been working closely with its clients and has […]