As an auditor, I know that good business results don’t mean fewer questions should be asked.
How much of the result comes from recurring business? Have significant transactions been recognised appropriately? What assumptions underpin the estimates, and how sensitive are they to change?
These questions matter when management uses today’s results to make tomorrow’s decisions.
A successful year can provide confidence to expand, launch a service or make a long-term commitment. The quality of the information behind that confidence matters.
An audit does not predict whether those plans will succeed. It provides an independent assessment of the financial statements and can bring significant judgements and risks into sharper focus.
At KISA Chartered Accountants, professional scepticism means examining strong results with the same rigour we apply throughout an audit.For me, good performance is a reason to understand the business more deeply.
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