[Your Name]

[Date]

[Your Company Name]

• Compare the financial statements with the trial balance to identify any discrepancies in reported figures.

• Verify the accuracy of account balances by reconciling them with supporting documentation and source records.

• Analyze any discrepancies found in the financial statements to understand their nature and impact on the overall financial picture.

• Ensure the completeness of data by confirming that all relevant financial information has been included in the statements, leaving no material omissions.

• Verify adherence to taxation laws by reviewing tax returns, ensuring accurate reporting, and confirming timely payments.

• Check compliance with financial reporting standards, such as Generally Accepted Accounting Principles (GAAP), to ensure accurate and transparent financial reporting.

• Review compliance with business laws and regulations, confirming that the company operates within the legal framework governing its industry.

• Ensure the legal legitimacy of financial transactions by examining contracts, agreements, and supporting documents.

• Ensure the application of appropriate accounting principles by reviewing the financial statements in light of relevant accounting standards.

• Review financial disclosures for compliance with accounting standards, ensuring that all required information is properly disclosed.

• Verify the proper application of depreciation methods, confirming that assets are recorded accurately and consistently.

• Check for consistency in accounting policies across different periods to maintain the integrity and comparability of financial information.