ACCOUNTING & TRANSACTION
Audit
Independent audits
that build trust in your financial information.
We review your company's financial statements and key accounting treatment from an
independent standpoint, performing systematic audit procedures in accordance with auditing
standards — supporting reliable financial information and a transparent management environment.
SERVICE OVERVIEW
An audit is the process of establishing
the reliability of financial information.
A company's financial statements serve as key underlying data for decision-making by shareholders, investors, financial institutions, and other stakeholders.
An independent external audit is essential to review whether the financial statements have been prepared appropriately, from a materiality perspective, in accordance with the applicable accounting standards — thereby enhancing the reliability of the financial information.
VITAL TAX takes the time to understand your company's business and transaction structure, analyzing key accounting and audit risks to perform systematic audit procedures in accordance with auditing standards.
Beyond statutory audits, we also provide specialized audit services tailored to a range of business needs — including voluntary audits and audits for specific purposes.
Service
Audit
Category
Accounting & Transaction
For
Companies · Institutions · Non-Profit Organizations
Scope
Statutory Audit · Voluntary Audit · Special-Purpose Audit · Audit Report
KEY SERVICES
Key Services
01
Statutory Audit
For companies required by law to undergo an external audit, we perform independent audit procedures on their financial statements in accordance with auditing standards and express an audit opinion.
02
Voluntary Audit
Even for companies not subject to a statutory external audit, we perform an audit of the financial statements at the request of shareholders, investors, or financial institutions, or to enhance the reliability of financial information.
03
Special-Purpose Audit
For financial information required under specific contracts, investment agreements, licensing requirements, or other particular purposes, we perform audit and verification work tailored to the relevant objective and scope.
04
Internal Control & Accounting Issue Review
During the audit process, we assess key internal controls and accounting treatment, and review the risk of material misstatement in the financial statements along with other significant accounting issues.
PROCESS
Our Process
01
Understanding the Company & Audit Environment
We understand the company's business structure, key transactions, accounting policies, and internal controls, and identify the audit scope and key audit risks.
02
Audit Planning & Risk Assessment
We identify and assess the risk of material misstatement in the financial statements, and develop an effective audit plan that reflects materiality and key audit areas.
03
Performance of Audit Procedures
We perform the necessary audit procedures — including tests of controls and substantive procedures — on significant accounts and transactions, and obtain sufficient, appropriate audit evidence.
04
Audit Conclusion & Report Issuance
We comprehensively evaluate the findings and audit evidence obtained during the audit, and issue an audit report containing our opinion on the financial statements.