• +234-706-685-5973, +234-902-005-6556
  • info@accountingyard.com
Logo
  • Home
  • ARTICLES
    • All
    • Practical Auditing Tips
    • Tax tips
    • Accounting Terms
    • Common pitfalls in accounting
    • Practical Accounting
    • Job and career management
  • Learning
  • Our Team
  • Courses
  • Members Area
Accounting Yard
2/5 Idowu Ajao Street, Ajao Estate, Anthony Village, Lagos Nigeria
+234-706-685-5973, +234-902-005-6556

Quick Links

  • Privacy Policy
  • Terms of Use
  • Contact Us

STAY CONNECTED WITH US:

Accounting Yard © 2025 Intellicence Consulting Limited

  1. Home
  2. Articles
  3. Auditing will demand more

Auditing will demand more

28 Mar 2021 | Practical Auditing Tips
1120 1

It's a mistake to think that you will be a great auditor "solely" because of your sound financial reporting or accounting knowledge. From our knowledge of the audit practice, we can comfortably suggest that you look beyond "just" financial reporting or accounting alone. Auditing will demand more from you! Here other areas you need to pay some attention to:

1. Tax and recent updates on tax
2. Laws and regulations that affect your client's business.
3. Understanding processes and controls
4. In-depth industry knowledge
5. Some knowledge of finance and financial management
6. People management
7. Teamwork
8. Some understanding of IT
9. Creating, Building and Nurturing valuable client relationships
10. A good balance between being technical and being social

You can add yours in the comment section.

Leave a comment

Festus Johnson

2 years ago
fwmjohnson@yahoo.co.uk
  • 1

Categories

AllPractical Auditing TipsTax tipsAccounting TermsCommon pitfalls in accountingPractical AccountingJob and career management