ASSISTANCE GOING THROUGH AUDIT
WCC provides internal audit services and assistance going through external financial audit to small businesses and not-for-profit organizations of all sizes. Our expertise conducting audits for the top 5 public accounting firms, as well as for the Big 4 on a contract basis allows to provide the highest level of assistance service to your organization. We speak the "auditor language" and will help to alleviate the stress and pressure associated with going through audit. Whether it is a financial audit or compliance audit we will guide you and advise on the best practices related to internal controls, policies and procedures, compliance requirements and government regulations. Below are some of the CPA services that we provide during assistance with going through external audit:
- development of internal policies and procedures
- analysis of the existing policies and procedures and improvement compliance advisory
- preparation of various reconciliations for the audit requests:
- accounts receivable aging analysis and reconciliation
- accounts payable aging analysis and reconciliation
- cash bank reconciliation
- fixed assets reconciliation
- depreciation expense schedule set up and maintenance
- ASC 842 lease accounting set up and maintenance
- debt and notes payable reconciliation
- equity and net assets reconciliation
- revenue and expense accounting
- accompaniment during audit status meetings and calls
- managing the audit process and ensuring the timely audit completion
Depending on the need of your organization, we can provide an individual consultation or full scale assistance going through financial or compliance audit.