You can count on our audit professionals to guide you through the process.
At Boyum Barenscheer, we’re here to support your audit needs—whether that means year-round assistance or one-time audit preparation. Our team of CPA professionals, with extensive experience as both external and internal auditors, give us a deep understanding of auditor requests and the ability to manage correspondence with confidence.
Benefits of Audit Preparation Services
- Increased Efficiency: Reduce the time and effort required during the audit process with well-prepared financial statements and related financial statement support.
- Cost Savings: Minimize audit-related expenses by addressing potential issues before auditors begin their process.
- Reduced Risk: Identify and correct discrepancies ahead of time, reducing the risk of audit findings.
- Stronger Internal Controls: Gain insights into best practices for financial reporting and accounting compliance.
- Peace of Mind: Eliminate last-minute stress and ensure a smooth, organized audit experience.
Our Audit Preparation Services
- Pre-audit planning and project management
- Preparation, analysis and updating of audit workpapers and schedules
- Reconciliation of balance sheet accounts
- Tracking of fixed assets using Fixed Asset CS and leases using LeaseCrunch
- Evaluation of revenue and expenditure accountings, including flux analysis
- Preparation of draft financial statements and footnote disclosures
- Recommendations to ensure compliance with GAAP accounting and financial reporting standards
- Assistance with external auditor requests and communications
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