What Is Auditing?

Understand the importance of this procedure for companies and for the construction of a more solid and transparent corporate governance

The market demands more and more transparency. After financial crises and legal problems involving crimes and fraud, investors and shareholders require more security and practical demonstrations that a particular company is a good and honest investment option. On the side of business owners who own a company, the audit has been a valuable resource to resolve the issue.

Audit: meaning and purpose

The audit procedures consist of review and verification different types of environments within a company. This analysis can occur in financial, operational, legal matters, among many others.

Na contracting an external audit, for example, the management of a company resorts to an office specialized in the practice. Having experienced consultants and possessing an effective methodology, as is the case with TATICCA, independent auditors are sent to the client to start the work. When in possession of the necessary information, the auditor checks and points out flaws and unsubstantiated data. If we use as an example a review of financial reports, the procedure may point out deviations, fraud and expendable expenses of that company.

Therefore, Audit aims to point out necessary corrections and improvements within a company. Neglecting these elements poses serious risks to a business. The entrepreneur, in turn, will have the new information in his hands, immeasurably facilitating his decision-making and effectiveness at the head of the company. For the leader, it is essential to have the security of impartial and unbiased data, which above all are immune to tampering.

Audit types:

There are many types of audit applicable to endless business segments, however, it is possible to highlight the main ones. These are valuable to any company, regardless of its market or size.

  • Financial audit: able to point out the veracity of data in financial statement reports. It can detect fraud and errors, as well as attest to the validity of the data obtained if it is already correct. Learn more.
  • Operational audit: it can validate or point out necessary corrections in an operation, either for reasons of security or effectiveness of processes. Learn more.
  • Legal audit: verifies that the company is complying with all the specifications required by public bodies related to the sector, such as documentation, taxes, among others. Learn more.

The certificate of an audit:

Many entrepreneurs already know the importance of an external audit certificate. This document is proof to shareholders and investors that the business has been audited and that all documentation is true and proof of errors or mistakes. In this way, the certificate becomes a strong signal that the company is transparent and presents real numbers, thus becoming a good investment option.

The TATICCA audit:

As mentioned above, TATICCA Auditores e Consultores has specialized professionals and a methodological basis for different types of audit. Get in touch by email taticca@taticca.com.br or by phone (11) 3062-3000 and see how we can help your business, regardless of the market or size of your company.