Financial statement audit


There is no doubt that corporate failures in the past few years have stimulated debate about what went wrong and who was to blame. What is not up for debate is that there is more scrutiny and scepticism of a company's financial statements than ever before.

Investors expect greater reliability, more oversight and clear evidence of internal controls. Corporate management, boards and audit committees, internal and external auditors, analysts and other investment professionals all have important roles to play in rebuilding investor trust.

Potential issues:

  • You are a regulated entity and must file audited financial statements.
  • You are a multi-national company and need a consistent, global audit methodology for your financial statements.
  • You are in the process of exploring the feasibility of changing audit firms.
  • You want your current audit firm to concentrate on providing non-audit services to your firm and you need to engage a new auditor.
  • You are concerned that your current auditor does not sufficiently understand your company and industry to perform an effective audit.

How PwC can help you

We provide quality audit services for organisations that require an audit for statutory or regulatory reasons. We can also address any specific regulatory reporting requirements such as those under Sarbanes-Oxley S404 for SEC registrants, including foreign private issuers.

Our services include:

  • Compliance with regulations
  • Advice on controls and processing system weaknesses
  • Confirmation of accounting treatments with respect to complex transactions
  • Monitoring of prospective accounting and regulatory changes
  • Special-purpose audit engagements
  • Independent review of externally reported information

Contact us

Corlia Volschenk

Corlia Volschenk

Africa People Leader, PwC South Africa

Tel: +27 (0) 11 797 5484

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