An audit is an examination of the financial statements of a company, such as the income statement, cash flow statement, and balance sheet
An audit examines your business’s financial records to verify they are accurate. This is done through a systematic review of your transactions. Audits look at things like your financial statements and accounting books for small business. Many businesses have routine audits once per year.
As a small business owner, you are responsible for maintaining clear accounting books that show your business’s income and expenses. If your records are disorganized or missing, audits will be especially drawn out and difficult.
1. Determine adequacy of internal controls
2. Promote best practices for controls
3. Ensure compliance with policies and regulations
4. Identify operational inefficiencies and waste
5. Review IT projects, systems, and technology
6. Assess efficient and responsible use of resources
7. Identify potential cost savings
1. Reports on the Payroll
2. List of All the Bank Accounts Used
3. List and Evidence of all the Transactions
4. The General Ledger
5. Trial Balance of the Company
6. Copies of all legal documents
7. Confirmations
8. Schedules
9. Loan Documents
Share your contact details and get free consultancy.
Make Online/Offline payment of your selected service
Submit required documents for further process
After completion of work all documents will be deliverd.