Engagement

Lease Portfolio Audit

A full examination of lease contracts, classifications, and disclosure schedules for finance teams preparing year-end or interim statements.

Who it is for

Controllers, CFOs, and external auditors supporting Taiwanese companies with material lease portfolios under IFRS 16.

What you receive

A documented audit opinion on lease accounting completeness, classification accuracy, and disclosure readiness, with a prioritized remittance list.

Included

  • Contract population walkthrough and completeness testing
  • Classification and measurement sampling against IFRS 16 criteria
  • Discount rate and incremental borrowing rate reasonableness checks
  • Disclosure schedule tie-out to the trial balance
  • Written findings memo and management discussion session

Outside this engagement

  • Preparation of statutory financial statements
  • Legal opinion on lease enforceability
  • Ongoing bookkeeping or lease administration software setup

How we work

  1. Scoping call to map entities, systems, and reporting deadlines
  2. Population extract and risk assessment
  3. Fieldwork sampling and inquiry
  4. Findings draft, management response, and final memo

Preparation

Provide a lease inventory, signed contracts for selected samples, discount-rate support, and prior-year disclosure schedules.

Constraints

We do not issue statutory audit opinions under the CPA Act; this engagement is a specialist lease accounting audit and readiness review.