Step 5: AFRC Inspection Consultancy

Step 5. Mock Inspection to Allow You to Familiarize with Inspections

We provide with a step-by-step guidance on how the AFRC conducts inspection starting from the notification email, to how the forms should be completed at each stage of the inspection.  We will provide you with illustrative wordings that are customized to your practice’s operations, client portfolio, size, number of employees and complexity of audit clients’ businesses.  

We will give you a written deliverable in the form of a Practice Aid (See Step 2), that will demonstrate to you the type of questions that the inspection team may specifically challenge regarding your practice’s SoQM, AML, Ethics, Engagement Files, Client Acceptance procedures, and more. This will give you a peace of mind that when, or if, your practice is selected, then you will know exactly what to do, and how to prepare for it even before the email is sent to you.