Process
From scoping call to signed auditor’s report
This page maps how a statutory financial statement audit typically runs at Maple Crest. Timings flex with close readiness and inventory locations; the sequence stays stable.
Scoping conversation
We learn your entity structure, reporting framework, prior auditor status, warehouse footprint, and who will read the opinion. You receive a draft engagement letter and fee estimate.
Acceptance and planning
Independence checks complete, the letter is signed, and we issue a readiness checklist. Materiality benchmarks and significant risk areas are documented for the file.
Interim procedures
Where useful, we perform walkthroughs and early substantive work on recurring balances so year-end weeks are reserved for cut-off, inventory, and disclosure finalisation.
Fieldwork and observation
Teams attend inventory counts, test samples, and clear queries in daily huddles with your controller. Unexpected findings are raised the same week, not parked until reporting.
Review, letter, and opinion
Engagement partner review, draft management letter discussion, and issuance of the auditor’s report once representations are signed and subsequent events are cleared.
What we ask of you
A close calendar both sides can defend
Share draft timelines for trial balance freeze, inventory count, and board pack dates. If a lender covenant sits inside that window, say so at scoping — we will reverse-plan fieldwork rather than discover the date mid-testing.
- Single point of contact in finance for information requests
- Access to ledgers, contracts, and warehouse supervisors
- Prompt responses on proposed adjusting entries
Next step
Commission the engagement that matches your report readers
Most boards needing a signed opinion start with the statutory audit. If you only need limited assurance, say so — we will not upsell the file.