February 21, 2020
FAQs About Audit Confirmations
Auditors use various procedures to verify the amounts reported on your financial statements. In addition…
Managing risk and audit mitigation is a process that assesses a participant’s exposure to potentially harmful situations and develops a plan to prevent such exposure and to address it quickly if it occurs. An audit risk assessment is generally conducted as part of the needs assessment, audit mitigation and service planning process; it should utilize a person-centered approach.
An Extension of Your Business
Our Outsourced Accounting Group works as an extension of your business audit mitigation and to prepare you for risks by providing sustainable best practice recommendations. We understand that as your company grows, your risk profile changes, which is why we approach each engagement uniquely with a customized solution tailored just for your business. Our Outsourced Accounting Group’s services include:
- Audit risk assessment
- Preparation of management reports
- Audit preparation
- Audit mitigation
- Cash management
- Compensation consulting
- Profit analysis
- Strategic planning
- Budgeting
