The annual audit is a tremendous burden on already-busy accounting teams. Rife with busy work and filled with opportunities for error, the process is something most teams look at with scorn.
With so much room for error comes plenty of room for improvement. Every audit will have its fair share of the good, the bad, and the ugly, but if you’re confident in your team and the resources you have in place, that 15th PBC list will only be a slight nuisance — not a reason for concern.
In this whitepaper, you'll learn how to:
Properly document processes to streamline auditors' requests
Communicate efficiently with the audit team
Organize information to expedite the audit