Getting ready for the auditors

The annual external audit of your entity’s financial statements does not need to be a stressful affair for staff and management.

Good planning and execution, as well as effective project management can make the audit process a smooth and efficient experience for you and your auditors.  Ultimately, ongoing and timely communication between the entity and its auditors is the key. Just as importantly, there must be good communication within the entity between the finance function, the operational areas in the entity, and between the board and management.

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