This is typically the first step in the process.

We evaluate your financials, processes, and documentation to determine how prepared your business is for an audit.

We identify gaps, risks, and areas that need attention—then provide a clear action plan.

Best for:

• Businesses preparing for an upcoming audit or unsure of their readiness.

Useful Information for Business Owners

• An audit readiness assessment evaluates whether a company’s financial records, accounting processes, and documentation are prepared for an external audit.

Areas Typically Evaluated

• An audit readiness review may examine:

  • financial statement accuracy

  • supporting documentation for transactions

  • internal control procedures

  • reconciliation processes

Benefits of an Audit Readiness Assessment

• This type of review helps businesses:

  • identify issues before the audit begins

  • reduce potential audit adjustments

  • streamline the audit process

Before the audit begins, we review your financial statements in detail to identify and correct issues early.

This includes verifying balances, reconciling accounts, and ensuring consistency across your financials.

Best for:

• Businesses that want clean, accurate financials before auditors begin their review.

Useful Information for Businesses Preparing Financial Statements

• Before an audit begins, companies often perform a detailed review of financial statements to ensure accuracy and completeness.

Common Areas Reviewed

• A financial statement review may examine:

  • account reconciliations

  • journal entries

  • financial statement presentation

  • unusual transactions

Benefits of a Pre-Audit Review

• This review helps businesses:

  • correct errors before auditors review the financials

  • improve reporting accuracy

  • reduce audit delays

Audits require significant documentation.

We organize and prepare everything auditors typically request.

This includes supporting schedules, transaction details, and structured documentation to ensure nothing is missing.

Best for:

• Businesses that want to avoid last-minute scrambling and delays.

Useful Information for Businesses Organizing Financial Records

• External auditors require supporting documentation for many financial transactions.

Examples of Audit Documentation

• Auditors often request:

  • bank reconciliations

  • revenue documentation

  • vendor invoices and payment records

  • supporting schedules for financial accounts

Benefits of Organized Documentation

• Proper documentation helps:

  • accelerate the audit process

  • reduce auditor follow-up requests

  • improve financial transparency

We act as the primary point of contact with your auditors, managing communication and coordinating requests.

This reduces back-and-forth and allows you to stay focused on running your business.

Best for:

• Businesses that want a smoother, more controlled audit experience.

Useful Information for Businesses Coordinating With External Auditors

• During an audit, management teams must respond to auditor questions and provide additional documentation.

Examples of Audit Support Activities

• These may include:

  • responding to auditor information requests

  • preparing additional financial schedules

  • clarifying accounting treatments

Benefits of Audit Support

• Audit advisory services help businesses:

  • communicate effectively with auditors

  • respond to requests efficiently

  • keep the audit process moving forward

Auditors often review your internal controls as part of the audit process.

We evaluate your control environment and recommend improvements to align with audit expectations.

Best for:

• Businesses that want to reduce audit risk and strengthen financial processes.

Useful Information for Businesses Strengthening Financial Oversight

• Auditors often evaluate a company’s internal controls to assess the reliability of financial reporting.

Examples of Internal Controls

• Businesses may implement controls such as:

  • approval requirements for payments

  • separation of financial responsibilities

  • financial reconciliation procedures

Benefits of Internal Controls

• Strong internal controls help:

  • improve financial reporting accuracy

  • reduce the risk of fraud

  • strengthen audit outcomes

We ensure your financial statements are aligned with applicable accounting standards.

This includes reviewing areas such as revenue recognition, accruals, and other technical accounting topics.

Best for:

• Businesses that want to ensure their financials meet required standards before audit review.

Useful Information for Businesses Preparing GAAP Financial Statements

• Many audits require financial statements to follow Generally Accepted Accounting Principles (GAAP).

Common GAAP Considerations

• Businesses may need to evaluate:

  • revenue recognition policies

  • expense capitalization rules

  • financial statement presentation

Benefits of GAAP Compliance Reviews

• Ensuring GAAP compliance helps:

  • maintain accurate financial reporting

  • improve transparency for lenders and investors

  • reduce audit adjustments

If issues arise during the audit, we help you address them quickly and effectively.

We analyze findings, recommend solutions, and assist with implementation and communication.

Best for:

• Businesses that need help navigating audit findings.

Useful Information for Businesses Addressing Audit Findings

• During an audit, auditors may identify accounting issues that require additional analysis or adjustments.

Examples of Audit Issues

• Examples may include:

  • revenue recognition questions

  • asset valuation concerns

  • financial statement presentation issues

Benefits of Audit Issue Support

• Professional advisory support helps businesses:

  • Resolve accounting questions quickly

  • prepare appropriate documentation

  • respond effectively to audit findings

We improve your financial processes to make future audits easier and more efficient.

This includes enhancing your month-end close, reporting structure, and documentation practices.

Best for:

• Businesses looking to streamline future audits and reduce ongoing effort.

Useful Information for Businesses Improving Financial Reporting

• Efficient financial reporting processes help ensure companies can produce accurate financial statements during an audit.

Examples of Reporting Improvements

• Businesses may improve:

  • month-end close processes

  • financial reporting workflows

  • documentation practices

Benefits of Reporting Improvements

• Improved reporting processes help:

  • reduce audit preparation time

  • improve financial reporting accuracy

  • strengthen internal controls

In addition to audits, businesses may undergo financial review during transactions, investments, or acquisitions.

We prepare your financials and documentation to meet these requirements.

Best for:

• Businesses preparing for external review beyond standard audits.

Useful Information for Businesses Preparing for Transactions

• Companies involved in investment or acquisition transactions often undergo financial due diligence that resembles an audit.

Examples of Due Diligence Materials

• Due diligence may require:

  • historical financial statements

  • financial projections

  • tax filings

  • financial policies

Benefits of Due Diligence Preparation

• Proper preparation helps:

  • accelerate transaction timelines

  • improve investor confidence

  • reduce unexpected financial issues

Audit readiness should not be a once-a-year effort.

We provide ongoing support to ensure your business remains organized, compliant, and prepared at all times.

Best for:

• Businesses that want to stay audit-ready year-round.

Useful Information for Businesses Undergoing Recurring Audits

• Companies subject to annual audits often benefit from ongoing advisory support to maintain audit-ready financial records.

Examples of Ongoing Audit Advisory

• Businesses may receive support with:

  • financial statement reviews

  • accounting policy updates

  • internal control monitoring

Benefits of Ongoing Advisory

• Ongoing support helps businesses:

  • stay prepared for future audits

  • maintain accurate financial reporting

  • improve financial governance