As at June 2022 the firm engaged around 236 partners and professional staff in Audit and Assurance services who serve our client base that include companies involved in a wide range of businesses such as manufacturing, hospitality, retailing, information technology and financial services.
We carry out audit and assurance services to a number of listed companies, regulated entities such as insurance companies, banks, asset managment clients and other public interest entities. Our list of clients includes not only subsidiaries of multi-national groups but also the small and medium-sized local and international setups.
Our assurance team is highly trained and committed to provide statutory and regulatory audits of the highest standards. We aim to exceed client expectations, by continuously reviewing our own effectiveness and efficiency, and by maintaining close communication with the client throughout the audit process.
Through a broad range of innovative, high-quality and cost effective solutions we can help your business improve its financial control and regulatory reporting systems. In every case, the PwC audit is underpinned by our deep industry knowledge, wide experience and global network of skilled professionals.
The financial statement audit has never been more important. In today’s business environment there is more scrutiny and scepticism of a company’s financial statements than ever before. Investors are seeking more assurance in relation to corporate governance and reporting and they expect greater reliability, more oversight and clear evidence of internal controls. Corporate management, boards and audit committees, internal and external auditors all have important roles to play in providing assurance to investors by executing their respective responsibilities. Meeting investor expectations begins with the completeness and accuracy of information contained in a company’s financial statements.
The firm continues investing in the suite of tools that support the PwC Audit with three unique technologies — Aura, Halo and Connect. At PwC, we are driving audit innovation, with technology at its heart. The ability to merge market-leading technology with the skills of our people and a robust audit approach is now central to our global audit strategy and delivery. It is the fusion of these three elements that defines our value and drives the audit. The result is quality, efficiency and insight, delivered in equal measure.
Aura is the international platform deployed by PwC Global to ensure that all PwC offices across the network address audit using the same methodology, resulting in a consistent and efficient approach. This results in all of the elements of our audit fitting together seamlessly.
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Halo is the firm’s data auditing technology that has revolutionised our audits, enabling greater assurance and deeper insight by harnessing the power of data. It scans huge volumes of business-critical data, enabling improvised risk assessment, analysis and testing and unlocking insight.
Connect is our collaborative workflow tool, providing fast, efficient and secure information sharing at every stage of the audit, monitoring the status of information flows on a real time basis.
Connect is our collaborative workflow tool, providing fast, efficient and secure
information sharing at every stage of the audit, monitoring the status of information
flows on a real time basis.
Connect is our collaborative workflow tool, providing fast, efficient and secure
information sharing at every stage of the audit, monitoring the status of information
flows on a real time basis.
Connect is our collaborative workflow tool, providing fast, efficient and secure
information sharing at every stage of the audit, monitoring the status of information
flows on a real time basis.
In today’s world, technology is continuously changing the way we live, work and interact with each other. It is crucial that the audit profession keeps pace with such change and is proactive in understanding how emerging technologies can be leveraged to transform the audit process making it more efficient and value adding.
Robotic Process Automation (RPA) will represent dramatic and disruptive change in current audit practice that promises to allow auditors to operate more efficiently. RPA has the potential to automate and execute certain audit procedures (e.g. reconciliations) allowing audit teams to focus on more value adding ones thus enhancing audit efficiency and effectiveness.
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