My China Star

The audit, every day adds relevance when talking about business. This is due to that the mentality of contemporary entrepreneur, has ceased to see Auditors as simple bodies dedicated exclusively to approve balance sheets if not that, on the contrary, the image of the Auditor has gained ground in the field of decision-making, Risk Management, management consulting, etc. A clear example of the expansion of the work of the auditor, as an external consultant, in companies, is the Internal Auditor. Having the possibility to evaluate each cycle of a company’s business processes, the auditor becomes an excellent Advisor to senior management. When an independent audit is conducted with thoroughness, it can serve to discover fraud with respect to which, the auditor has an obligation to inform the authorities of the audited company.

Facts like this, they accompany raising confidence toward the auditor extensively. Another significant virtue that these professionals, offer lies in confidentiality and objectivity of the information. It is clear that any officer of a company, in all cases will respond to the needs of the company, but always lodged ahead their personal interests, thus affecting any decision or opinion you can give about the company. As compensation, the auditor, under his cloak of external and independent consultant, has the ability to say with complete freedom, free from any personal Vice. In several international consulting, mainly in Europe, have developed a new division in its offer for the provision of services, called Interim Management internally.

This new Department consists of introducing the signing of audit staff in companies that require a professional temporarily, designed to resolve critical situations such as phases of restructuring, transition, merger or acquisition, refloating, diversification, i.e., any business that requires expert help. One fact no less in this regard is that, in France and Germany, this market moves some 1.5 billion euros annually. It is true that, in many cases, and primarily for small businesses in which the financial balance is its Achilles heel, it is difficult to arrive at the decision to hire a service with these characteristics. But it is clear that, when it comes to decision making, confidentiality, independence, professional excellence and independent vision, make the auditor indicated Advisor. Dr. Gaston Janavel LG Inc.