Just like freeway traffic at peak times, very few companies are staffed for periods which require a lot of activity. Preparing for audit is one such time, where many private or public companies simply are not staffed adequately or have the bandwidth and the experience to deal with auditors’ continued requests or prepare all the audit schedules that are needed to get through an audit.
Our professionals are all highly experienced alums from the largest audit firms, and know exactly what is required and what is needed. Our team will come over and prepare all the necessary audit schedules and reconciliations as well as draft financial statements. We work and coordinate with management to provide accurate and timely information to external auditors and ensure audits go through seamlessly. Typically this results in much efficient audit, adherence to timelines, and most importantly, huge savings in possible audit fee overages, which is frequently the case when external auditors find the audit client not totally prepared for an audit.