Engagement
Opening balance & first-year audit support
Extra work for companies appointing Autodevhub as auditor for the first time, including opening balance verification and predecessor liaison.
First-year realities
When we take over as auditor, opening balances must be verified and prior-period adjustments understood. This support package sits alongside the statutory year-end audit rather than replacing it.
Included
- Review of prior-year audited statements and management letters
- Contact with the predecessor firm where permission is granted
- Testing of material opening balances and equity roll-forward
- A readiness checklist for your finance team before our main fieldwork
Next step
Mention “first-year appointment” when you enquire so we can build the incremental work into the fee quote.