Auditführung

Auditführung, also known as audit process, refers to the systematic examination of financial statements, internal controls, and other relevant information to express an opinion on the fairness of presentation and the accuracy of the financial statements of a company. The primary goal of an audit is to provide reasonable assurance that the financial statements are free of material misstatement.

The audit process typically involves several key stages:

1. Planning: The audit engagement team, led by the audit manager, plans the audit procedures based on the audit objectives, risk assessment, and the client's internal control environment.

2. Fieldwork: Audit team members perform audit procedures to obtain evidence about the amounts and disclosures in the financial statements. This may include testing of controls, examination of supporting documents, and observation of operating processes.

3. Reporting: The audit team prepares an audit report, which includes an opinion on the fairness of presentation and the accuracy of the financial statements. The report also contains any disclosures of significant deficiencies or other matters that were identified during the audit.

4. Follow-up: After the audit report is issued, the audit team may perform follow-up procedures to address any issues raised by the client or regulatory authorities.

The audit process is guided by international standards, such as International Standards on Auditing (ISA) issued by the International Auditing and Assurance Standards Board (IAASB). These standards provide a framework for the planning, performance, and reporting of audits.

The independence of the audit process is crucial to ensure the objectivity of the audit opinion. Auditors are required to maintain professional skepticism and avoid conflicts of interest. The audit process is also subject to regulatory oversight, with auditors required to comply with relevant laws and regulations.

In summary, auditführung is a critical process for ensuring the reliability of financial information, providing transparency to stakeholders, and supporting informed decision-making.