The PricewaterhouseCoopers (PwC) Audit starts with a broad understanding of your business. We then consider the risks your company faces, the way management controls these risks and the degree of transparency in your company's reporting to stakeholders.
Other key points of our approach to auditing include:
- All 60,000 PwC auditors in the PwC member firms around the world use a single, global audit methodology which is fully compliant with International Auditing Standards and applicable national standards.
- PwC Audit is updated at least annually to reflect our ongoing commitment to enhance quality derived from our internal quality review process. This globally consistent approach to the audit means that regardless of location PwC people can understand and evaluate your business using a single language and common methods. In turn, that enables a uniform level of quality in all our audits.
PwC also has implemented firm-wide compliance programs, including online systems that assist employees in complying with independence rules and regulations. Regulators have cited the PwC online independence system as the model for the profession.
What truly makes PwC different is the manner in which we leverage our network of skilled professionals. By pooling our functional skills and working together across national boundaries in a way that reflects the way your business operates, we are able to bring you the firm's best thinking and most relevant audit experience. Not only do our large, multinational clients benefit, but also our deep industry knowledge and wide international experience can have significant value to many of our private company clients.
