Audit and Assurance

Intelligent insight and smart feedback

At RSM, we understand that an audit should be more than just examination of the financial statements. This is why our dedicated audit teams provide our clients with a clear picture of where they currently stand and provide the insights they need to make better decisions for the future.

Auditing requires the application of rigorous standards, scepticism, objectivity and professional competence. The RSM Audit approach blends technical competencies, with a detailed knowledge of the client, its markets and the industry sector, all underpinned by the use of RSM Luca, our dynamic digital audit ecosystem. This enables us to deliver compelling human insights powered by technology.

Using this methodology, we offer tailored audit services with a strong emphasis on early planning. We identify key financial statement components and tailor procedures to the unique aspects, size and nature of your business.

The process involves:

Obtaining an understanding of the client’s business from both an accounting and business perspective
Assessing the risk of material misstatements (including fraud risk) and the controls in place to prevent these risks
Where appropriate, testing certain identified controls
Selecting appropriate analytical and substantive audit procedures to obtain evidence
Conducting structured audit procedures to ensure that the correct conclusions are drawn
Forming an opinion and reporting under the applicable laws and standards
Communicating with management on an ongoing basis throughout the audit

RSM have extensive experience offering auditing and assurance services to a wide range of industry sectors and business types from family-owned businesses to large private companies, retirement funds or listed companies, in the private and public sectors.

RSM Luca

JSE listed entities

RSM South Africa is able to perform audit and review services for listed entities on the Johannesburg Stock Exchange (JSE) . A number of directors within the firm are certified as JSE approved Auditors and JSE approved Reporting Accountant Specialists qualified to perform all functions in terms of the JSE listing requirements specific to preparation of Prospectuses and Circulars as a result of any form of corporate action undertaken by listed companies.