How we work through an engagement
From the first scoping call to the signed opinion, every financial auditing engagement at Smartnetlab follows a sequence your finance team can plan around.
1. Scoping call
We learn your year-end date, entity structure, inventory locations, and whether a lender or buyer is waiting on the report. You share last year’s statements if they exist. We return a fee range and a draft document request list — no obligation until the engagement letter is signed.
2. Engagement letter and kickoff
The letter names the financial reporting framework, the opinion we expect to issue, and the deposit. A kickoff call assigns a client contact for confirmations and schedules fieldwork weeks around your warehouse count dates.
3. Fieldwork
Staff arrive with a plan keyed to material balances. They sample invoices, observe counts when inventory is material, and reconcile bank letters. Questions land daily so corrections can happen while binders are still open.
4. Exit meeting
Before drafting the report, we walk management through proposed adjustments and control observations. You decide which books corrections to post; we document what remains for the management letter.
5. Report issuance
The signed audit report and management letter go to the recipients named in the engagement letter. We remain available for a short period to explain findings to your bank relationship manager if invited.
Ready to schedule fieldwork?
Browse the full list of engagements or write to the Lukang office with your year-end date and entity map.
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