WHAT IS INCLUDED
Eight deliverables across external and internal audit.
Preparation work is what shortens an audit. Most delay comes from schedules that do not tie and documentation nobody assembled.
◆External audit coordination
◆Audit readiness
◆Financial statement preparation
◆Audit schedules and supporting documentation
◆Internal audit support
◆Internal controls reviews
◆Process reviews
◆Auditor liaison
HOW IT RUNS
Prepare, assemble, coordinate, improve.
The last stage is the one that pays off next year: controls and process reviews that remove the findings before they repeat.
01
Prepare
Audit readiness work against the ledger, with financial statement preparation from the accounting records.
02
Assemble
Audit schedules and supporting documentation compiled so each balance is traceable.
03
Coordinate
External audit coordination and auditor liaison, answering requests from the file rather than the client’s inbox.
04
Improve
Internal audit support, internal controls reviews and process reviews after the audit closes.
COMMON QUESTIONS
Audit support, answered briefly.
Answered briefly here. A consultation covers the detail for your own structure and period.
No. Audit and assurance support is clearly separate from regulated statutory audit opinions. Finsync prepares, assembles and coordinates; your appointed external auditor forms and issues the opinion.
WORKS WITH
Most files need two or three areas at once.
These are the areas this work usually runs alongside. One team covers all nine, so the work moves between them without moving between firms.