Client stories
Evidence from the engagements themselves
Finance leaders describe what happened during planning, fieldwork, and the closing meeting — including where timing stretched.
“Their team spent an extra afternoon walking our warehouse team through inventory cut-off procedures. The draft opinion arrived later than we hoped, but the management letter flagged three reconciliations we had overlooked for years.”
“We needed a review letter for our bank facility renewal. Intelligentbackends asked for the right supporting schedules up front, so we avoided the scramble we had with a previous firm.”
“The cash-handling walkthrough at our San Chong stores was thorough without disrupting Saturday trade. One recommendation on dual approval for refunds was uncomfortable to hear — and exactly what we needed.”
“Materiality discussions were held early, in plain language, with our parent company on the call. Sampling of freight accruals caught a cut-off issue before consolidation closed.”
“For a shareholder distribution check, they delivered a clear findings pack tied to bank statements and board minutes. No fluff — just the procedures we commissioned.”
Extended story
Inventory cut-off at a New Taipei plant
A manufacturer engaged Intelligentbackends for its first statutory audit after a bank requested audited figures. The December count spanned two buildings. Our team observed both, traced tags to the listing, and found finished goods shipped on 31 December still sitting in the perpetual inventory.
Management adjusted the cut-off before consolidation. The opinion was unmodified, but the management letter recommended a shipping dock checklist for the final business day. The controller later told us the bank relationship manager asked fewer follow-up questions than in prior unaudited years.
About year-end statutory audits
Extended story
Review for a facility renewal
An import trader needed reviewed statements within five weeks for a revolving facility. Ledgers were clean, but intercompany freight accruals swung sharply. Analytical procedures flagged the movement; inquiry showed a one-off routing change, documented in vendor emails.
We completed the review on the bank’s timetable. The client noted that our request list arrived on day one — the contrast with a prior firm that dribbled requests across three weeks mattered more to them than the report wording.
Discuss a similar timeline