Best Practices for the Annual Audit

We understand the hustle of the annual audit — it's usually the most substantial event your financial team will tackle in any fiscal year. Still, there are lots of ways to add to the gain and remove the pain of the overall challenge. To better assist you, we’ve covered four critical areas: People, Process, Documents, and Reconciliations. This aims to simplify a revised and modern annual close and audit approach, making any course corrections more manageable, efficient, and cost-effective.

In this whitepaper, you’ll learn how to:

• Build a team that is informed and invested in success

• Optimise processes and eliminate delays with upgraded accounting systems

• Ensure better-shared access and security team-wide to foster visibility and accountability

• Standardise reconciliations to ensure consistency and efficiency

Equipped with these best practices, you'll confidently ace the annual audit, making it a faster, less burdensome, and more efficient process.