Outsourced Audit Preparation Lehi, Utah

Managing your financial audit process with an accounting staff who has a full plate can impair progress toward your goals and increase your fees with your external auditors. An audit can be stressful for your team because they don’t have the capacity to pull together the required documentation. You don’t have the time for the constant interruptions to interact with auditors. Avenues Financial’s experienced team can help you prepare for your annual audit and help you manage the audit process, giving back valuable time to you and your staff and offering peace of mind.

How You Can Benefit From Audit Preparation Services?

Do you have key staff who are not available, maternity leave, FMLA, new job, etc., during the time your auditor is scheduled to complete your audit? Avenues Financial will help you plan for those sometimes unexpected events to ensure a smooth audit.
Do you have new or inexperienced staff? Audit preparation services will help reduce the risk of difficulties during your audit.
Do you have accounting staff who don’t understand the CPA lingo or need assistance determining what the auditors are really looking for? Our team has experience working with external audit teams to facilitate an audit between our client and their external auditor. We understand what they need and how your present your financial information to avoid several follow ups on the same request.
Did your auditors have difficulty completing your audit in prior years? Accurate reconciliations, schedules, and accruals will result in faster audits.
Did your audit take longer than planned? Partnering with Avenues Financial, you will devote less of your time to the audit process. You will have fewer interruptions, resulting in less stress during the audit.
Did last year’s audit fees go over budget? Faster and efficient audits may result in lower audit fees.
Is this your organization’s first audit and you need assistance? Avenues Financial will provide assistance in improving efficiencies, strengthening internal controls, and implementing best practices.
Are there new business developments that now require an audit? Our team will help you with planning, budgeting, preparing, and managing for the newly required audit. We will also help you with compliance with generally accepted accounting practices.

Benefits of Retaining Avenues Financial Audit Preparation Team

Trained and knowledgeable staff, many of whom have experience as part of an audit team.
Accurate reconciliations, schedules, and accruals will result in faster audits.
Avenues Financial will provide assistance in improving efficiencies, strengthening internal controls, and implementing best practices.
You will devote less of your time to the audit process. You will have fewer interruptions, resulting in less stress during the audit.
Avenues Financial will help you with compliance with generally accepted accounting practices.
Faster and efficient audits may result in lower audit fees.