“They caught a cut-off error on three export invoices that would have overstated December revenue. The management letter was blunt, which we needed. Scheduling the warehouse visit took longer than I hoped — we should have locked the stocktake date earlier.”
Client stories
Comments from finance managers and owners who sat through fieldwork with us. We keep names and companies specific enough to be useful, without disclosing confidential figures.
“Our purchase approvals were informal. Yu-Ting’s control review walked the warehouse clerk and the AP clerk through the same sample set so both sides saw the gap. We introduced dual approval the following month.”
“Ahead of a minority investment we wanted an outside view of related-party balances. The readiness assessment listed six items; four we already knew, two we had understated. The briefing was short enough to take to our counsel the same week.”
“Group auditors in Singapore asked for local inventory observation. Jia-Hao arrived with a clear test-count plan and left a cut-off memo the next morning. No drama, which is all we wanted from a one-day attendance.”
Extended story
First-year audit for a trading firm after a system change
A New Taipei electronics trader migrated ledgers mid-year and approached us three months before the reporting deadline. Opening balances lacked a clean roll-forward, and suspense accounts held unmatched shipping charges.
We spent the first fortnight on mapping and cleanup rather than substantive sampling. Revenue cut-off testing later found the three overstated export invoices noted above. Management posted adjustments before we issued the report; the board received a management letter with two high-urgency points on shipping-document controls.
Lesson for similar teams: book the auditor before you change systems, or accept that year one will include reconstruction time in the fee.
Extended story
Control review before a lender covenant review
A Taoyuan manufacturer faced a bank visit that would ask about payment controls. Our internal control review sampled forty purchase invoices and twenty payroll runs. Findings centred on single-person approval above a newly increased threshold and missing leave approvals in the payroll folder.
Management fixed the approval matrix within six weeks. When the statutory audit followed later that year, those cycles needed less extended testing — which repaid part of the review fee in reduced year-end hours.
