EY private client audit experience service offerings

What EY private client audit can do for you

Your ambition is the beating heart of your business. As an owner, CEO or entrepreneur leading a private company or family enterprise, you embrace a passion for your business with a commitment that it flourish and grow.

To meet the unique requirements of private businesses, EY teams have developed a customized audit experience specifically designed for private companies.

Understanding your private business

The audit experience begins with understanding your private business and your service expectations. The EY 7 Drivers of Growth framework helps you to think beyond the typical approaches to growth. It is an interactive experience that helps you to assess your business against leading practices and gain a greater understanding of how each function can contribute to customer value and accelerated growth.

Connecting

EY Canvas, the profession’s first totally online auditing platform, drives a highly integrated and consistent audit across the globe. The EY Canvas Client Portal connects you securely and directly to your EY audit team and provides a real-time view of the audit progress.  

Automating

Integrated in EY Canvas, an automation hub – EY Smart Automation – uses robotics and advanced automation techniques to automate audit procedures and processes. This enhances the experience for you, reduces administrative burden and frees up your audit team to focus on areas requiring judgment.

Analyzing

Data analytics is integral to the EY Digital Audit. It helps to analyze data, using advanced and emerging technologies, and to help build audit evidence to support conclusions. A library of EY Helix data analyzers digitally supports EY audit professionals to drill down across your business’s broad operating cycles, and identify trends and anomalies in processes and controls. 

Providing business insights

To complement the audit findings and share additional insights, EY audit teams use a technology-enabled toolkit that has access to a proprietary database of high-quality business recommendations. 

Additional tools, such as the EY Benchmarking Analysis, can help assess your organization’s current level of maturity against that of market-leading companies. It can reveal potential improvement opportunities in the size, cost and efficiency of your finance function, internal controls and working capital.