KPMG's Financial Statement Audit (FS Audit) methodology helps us analyze your business in the context of your market environment and industry to determine how your key risks affect your financial results. FS Audit provides a framework for examining financial and non-financial information flows that impact the financial statements, and it enables our client service team to work with you to identify opportunities for improving your financial performance
Industry-Focused
At the heart of the FS Audit is our proprietary industry segment business models. These models provide our audit teams with up-to-date information on key industry trends and issues that could impact your business. They enable us to identify the areas that pose the highest risk to your financial statements.
Technology-Enabled
KPMG audit teams are armed with proprietary applications designed to help ensure a quality audit. KPMG's technology tools provide our teams with a structured, risk-focused workflow that puts industry information at their fingertips, and enables team collaboration. These state-of-the-art tools are more than simple electronic work papers; they help teams focus on the key risks of your business and drive concise analysis that is fundamental to the financial statement audit.
Year-Round
The FS Audit methodology provides a continuous audit process. Your auditor stays in touch with you year-round, keeps current with your business and changing market conditions, and provides you with ongoing feedback on how your business decisions could affect your financial results.