Audit procedures

Analytical audit procedures are qualitative tools of the audit, which have distinctive features in comparison with the traditional audit process:

• use of software package for automated test of the accounting segment;
• audit of the selected accounting segment is conducted in a continuous way;
• human factors of the specialists taking part in the audit are minimized;
• detection of possible errors that cannot be determined with manual check;
• less labor costs in comparison with a selective audit.

The conduct of analytical audit procedures is realized with the help Audit Documentation software package (analysis).

This program is registered by the employee of our company in the National center of intellectual property of the Republic of Belarus. In accordance with the contract is intellectual property of the auditing company AuditComService LLC.

AuditComService LLC is the first and the only auditing company using for the conduct of an automatic continuous audit of accounting segments with the help of own software developments.

The list of developed analytical audit procedures:

• settlement account
  analytical procedure is intended for cross-reconciliation of the received/sent payments by Client-Bank system and reflected transactions in the accounting program;
• fixed assets
  analytical audit procedure on a comprehensive analysis of fixed assets, codes and useful live, revaluation, depreciation and property;
• intangible assets
  audit procedure on the analysis of intangible assets, useful lives, possible revaluation, depreciation and land tax.