Understanding the various transaction cycles in an audit is important to properly plan and execute the audit. Here's how to understand some common transaction cycles in an audit:

IFRS S1 and S2 is a pivotal milestones in terms of sustainability report for companies. n this article, TGS AU Partners will delve into a detailed explanation of IFRS S1 and S2, uncover the objectives behind their creation, and illuminate their impact on companies.

Effective communication and good etiquette in client interactions have a broad and positive impact on various aspects of a business or service. Good communication enables service providers to understand client needs, build strong relationships, increase trust, and deliver high-quality services.

FRS S1 is a new standard that mandates every company to disclose information about corporate governance, strategy, risk management, metrics, and targets related to sustainability. Considering the substantial impact of this new standard, it's crucial to understand what is IFRS S1 and the information it contains.

Internal control is a process designed and implemented by an organization to ensure goal achievement, operational efficiency, financial reporting accuracy, and regulatory compliance. The components of internal control are often referred to as the "COSO Internal Control Framework" (Committee of Sponsoring Organizations of the Treadway Commission), which is a general guide to internal control.