Engagement
Statutory Financial Audit
Independent examination of annual financial statements for Taiwan reporting cycles.
A full-scope external audit of your year-end accounts, internal control walkthroughs, and a management letter tailored to your board and lenders.
Who it is for
Private companies, subsidiaries, and boards in Taiwan that need an independent opinion on annual financial statements.
What you receive
An audit report under applicable Taiwan auditing standards, plus a clear summary of findings and recommended adjustments.
Fees
Fixed engagement fee quoted after scoping; complexity, locations, and first-year setup affect the fee.
Inquire about this engagementScope of the statutory audit
Planning, risk assessment, substantive testing of material balances, cutoff procedures, subsequent events review, and report issuance.
Included
- Engagement letter and materiality planning memo
- Walkthroughs of revenue, purchases, payroll, and cash cycles
- Sample testing of receivables, inventory, and payables
- Draft and final audit opinion
- Written management letter on control observations
Not included
- Bookkeeping or ledger posting on your behalf
- Tax filing preparation as a separate engagement
- Continuous monitoring or monthly close support
Engagement team
Lead auditor and field team based in Taipei, supervised by the engagement partner.
Timeline
Typically four to eight weeks from planning kickoff to report, depending on group complexity and readiness of the year-end pack.
Where work happens
Taipei-led fieldwork with on-site visits across Taiwan as agreed in the engagement letter.
How to prepare
Trial balance, ledgers, bank confirmations, contracts, inventory counts, and prior-year working papers where available.
Constraints
Opinion timing depends on timely responses to audit queries and completeness of supporting schedules.
Process
- Scoping call to confirm reporting framework and deadlines
- Document request list and planning meeting
- Fieldwork at your premises or remotely with secure file exchange
- Clearing queries, draft report, and exit meeting
- Final signed opinion and management letter
Request a scoping call so we can size the engagement before year-end closes. Request a scoping call.