What Guarantees Fast and Painless Audits
No matter how optimized your schedule is, audits are disruptive for you and your staff. While you are answering auditors' questions and fulfilling their requests, nobody attends to the tasks of your daily routine. Even with the calendar cleared in advance, things will get backed up. That is why you must do whatever it takes to minimize the pain. Of course, having your books in order is the prerequisite, but there are other helpful tactics you can employ.
The Audit's Timing
Many CFOs and controllers make the mistake of thinking that they have until September to get last year's books audited or reviewed. ...
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