Getting Ready for an Audit: Top 10 Tips

In 2023, the accounting industry faces unprecedented challenges. Record numbers of employees are leaving the profession with research suggesting that the global ‘Great Resignation’ trend has stunted the growth of almost 49% of UK accountancy firms. 

With that challenge in mind, it’s more important than ever that finance professionals find better, more efficient ways to work, especially when it comes to the audit. 

Our team of former auditors in the UK pulled together their top planning and report tips to help teams prepare for their next audit challenges.