Some countries, like Cyprus and Hong Kong, have mandatory financial audits.
How does it work exactly? Has anyone had any experience?
Will they check your Xero and how everything is reconciled, as well as the attached invoices?
I have found a PWC article about the financial audit - https://www.pwc.com/im/en/services/Assurance/pwc-understanding-financial-statement-audit.pdf
Kinda scary of audits, lol.
How does it work exactly? Has anyone had any experience?
Will they check your Xero and how everything is reconciled, as well as the attached invoices?
I have found a PWC article about the financial audit - https://www.pwc.com/im/en/services/Assurance/pwc-understanding-financial-statement-audit.pdf
Kinda scary of audits, lol.