Keep your financial statement audit off the naughty list.
By Sarah Timmons
Sarah Timmons is a chief auditor with AuditClub.cpa, which provides on-demand audit and assurance review support for work papers, financial statements and engagement quality control reviews, as well as quality control and training services, and more to audit departments of CPA firms of all sizes.
As December flies by and busy season quickly approaches, it’s time to reflect on the successes and shortcomings of the past to plan for the first quarter of the new year.
MORE: Six Benefits of an Internal Audit | The Ten Financial Controls That’ll Make You a Hero | Five Cash Reports You Can’t Live Without | When an Audit Is a Great Thing
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Effective and efficient audits are the result of proper planning and, most of all, communications – with your staff, your client and, sometimes, your therapist.
Here is a checklist of some simple tasks to help make the audit season a bit less stressful:
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