At Kiely & Co we can assist you with preparation for your annual statutory audit. Our pre audit preparation service can provide many benefits to a business or organisation, particularly for financial controllers, chief financial officers and others who may be involved in preparing for audit.
The benefits include:
- Faster and smoother audit process as issues are considered and dealt with in advance of the audit
- Fewer disruptions during the audit to your normal daily work
- Minimisation of changes to management accounts following the audit
- Preparatory work is carried out by people who know what the auditor will require
- Earlier feedback on possible improvements
Our work can include some or all of the following:
- Advice on accounting treatment and disclosures
- Advice on filing requirements and exemptions
- Highlighting critical key information that will be required for audit, and other key information to be included in statutory accounts
- Preparation of year end statutory accounts in format required
- Draft corporation tax computations
- Assistance in preparation of accounting reconciliations
