Audit Readiness
“Have you been AUDITED?”
Your investors just asked you this and all you can think about is how your books are not ready for this level of scrutiny!
Are your numbers accurate?
Do you know how to prepare for an audit?
Does your Accounting team/outsourced firm have experience dealing with auditors and GAAP compliance?
First year audits are the toughest to get through
You don’t know what you don’t know
Thankfully WE DO as we have been on both sides as Ex. Big 4 auditors and startup VP Controllers
Benefits of a Clean Audit Opinion:
-Board and Investor confidence
-Fundraising opportunities
-Audited Financial Stmts utilized in Investor decks as best in class
-Bank reliance for debt opportunities
With our Concierge approach, we have the insight to identify all the issues and begin fixing to be audit ready. We also guide you through it and liaison with your auditors.
Our services are crafted to resonate with your specific audit needs:
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Historical account(s) clean up for GAAP compliance
Current year account(s) clean up for GAAP compliance
Technical Accounting: Ensure material transactions are GAAP compliant (Equity/Debt; Revenue, Stock Options, etc.)
Draft Financial Statements and Footnotes
Reconcilations for all accounts to be provided to the auditors
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Auditor Liaison:
Present; defend; corroborate all GL account balances and conclusions reached
Liaison for all Financial statement and footnote inquiries to ensure favorable treatment/conclusions
Auditor Request List:
Direct managing of all requests and follow ups
Book a FREE consult today
We would love to learn more about you and your challenges