Audit Readiness

Audits place high demands on both time and resources. ǿմý’s extensive experience and straightforward approach to audit readiness results in a more efficient, streamlined, and predictable process.

As financial reporting and accounting experts with audit backgrounds, ǿմý understands audit readiness consulting and has assisted hundreds of clients with executing successful audits. We manage the process and focus on fulfilling extensive and complex auditor requests, ultimately reducing the burden on your employees so they can prioritize value-added initiatives for the business. Partnering with ǿմý will shorten the audit process timeline, maximize data quality and satisfy regulatory compliance. ǿմý brings visibility and accountability to what can be a frustrating process.

Our audit preparation assistance services span a variety of areas, including:

Considerations for Audit Preparation

In addition to choosing ǿմý to provide a complete audit readiness assessment, there are several steps businesses can take to make the experience smoother. These include:

  • Establishing a mutually agreeable timeline with the auditor, as well as other third parties (valuation, tax, etc.)
  • Handling audit-related questions or concerns in a way that is honest, forthcoming, and readily available
  • Ensuring there is enough supporting evidence for all recorded transactions and retaining it for reference during the process
  • Preparing documentation to support the performance of key internal controls
  • Providing all employees with the resources they need to perform their regular duties along with audit support

ǿմý’s expertise when it comes to audit preparation assistance makes the process of getting ready for an audit manageable and predictable, leaving nothing to chance. To learn more about our audit readiness services, connect with an expert today.

ǿմý is not a CPA firm.

In partnership with ǿմý, Joseph Klam, CAO of Highgate Holdings, discusses audit readiness success.

Connect with ǿմý

We partner with our clients and their stakeholders to elevate performance and expand possibilities across the transaction and business lifecycle. Contact us to learn more.

Related Offerings

Audit Readiness
Financial Planning and Analysis
Financial Accounting and Internal Reporting
Transition Executive Management
Restatements
Financial Process Redesign And Implementation
Internal Control Remediation
VUE by ǿմý, Automated Reporting Solution

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