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Customizable Solutions. Guaranteed Backup and Continuity. No Lock-in Period.

D&V Philippines continuously strives to create tailor-made solutions for your business.  Our latest offering, the Audit Support Group, provides you with five services to help improve your business processes and solve problems that have been slowing you down.

Here are the five Audit Support services that you should consider:


Internal Audit 

Improve the effectiveness of your risk management, control, and governance processes with our help. We have years of experience in providing systematic internal audit solutions to our clients around the world.

By outsourcing your Internal Audits to D&V Philippines, you save a lot of money compared to hiring, training, and managing a personal internal audit team. Our experts provide much better results with their experience, independence, and objectivity.


External Audit Support

In addition to Internal Audit Solutions, we also provide support for your External Audit. We can help in the independent examination of the Company's financial statements to be signed by your registered auditors. We also assist in the preparation of the draft Financial Statements, working paper/schedules and review of Balance Sheet and Profit and Loss Statements.

We serve as an extension of your Audit and Assurance team, with Junior to Senior Auditors ready to support you. Our services include, but are not limited to:

  • Materiality Calculation
  • Completion of Audit Programs and Checklist as Necessary
  • Financial Statement Preparation (Linking of numbers)
  • Uploading of TBs and Grouping Accounts in ProSystem
  • Cash Testing
  • Fixed/Intangible Assets including roll forward and testing of additions
  • Equity including roll forward and testing of contributions/distributions
  • Certain substantive analytics (i.e., Rental Revenue & Interest Expense Reasonableness Testing)
  • Expense substantive test of details (vouching of invoices)

Process Mining

Get things done faster and easier by improving your processes with our help. With process mining, we provide tools and techniques for discovering process, control, data, organizational and social structures based on event logs. Simply, our business analysts will assist you in finding opportunities for improvement and eliminating unnecessary steps in your business processes.


Continuous Audit Support and Continuous Monitoring

Through Continuous Audit Support, we help you minimise risk and improve control by conducting a continuous risk assessment and continuous control assessment. These are designed to complement your annual internal audit.

Through continuous engagement, the audit committee can have a deeper understanding of the processes and areas of improvement that are unseen during an internal audit. Meanwhile, through continuous monitoring, a process owned by the management, you can continuously review how your processes comply with your projected levels of performance and efficiency. This allows you to find more ways to improve your operational processes.

Conducting either one of the processes ensures that the problems and risks that you may encounter will be identified and addressed even before it can impact your business.


Data Analytics

Make smarter and better business decisions that are backed by solid data. We provide you with the expertise needed to make sense of your business data through Data Analytics. Data analytics is the process of organising and analysing data to draw conclusions in aid of decision making.

Our experts will collect and study your data, provide database and management services depending on your needs, recommend a database design, and recommend methods in which you may collect, analyse, and manage data so you can use it more efficiently.

 

If you are looking to revamp or improve your existing audit functions, contact us to learn more about our Audit Support Group.

 

Accounting Audit Support