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Audit Preparation
Audit preparation services include all aspects of preparing for your audit

Audit services typically include drafting financial statements and footnotes, preparing auditor deliverables, interfacing with auditors and educating personnel on audit deliverables.

NOW CFO consultants have extensive experience in financial statement audits and compliance audits. We know what is required to obtain appropriate comfort over financial statements. We can expedite the audit process by adding considerable expertise at minimal cost.

Specific Audit Preparation Services
  • Roll-forwards
  • Reconciliations
  • Consolidations
  • Cash flow tie-outs
  • Draft financial statements, including footnote disclosures
  • Tie out binders
  • Education & training
  • Complex accounting expertise
  • Research accounting concepts and concerns
  • 606 preparation
Audit Preparation Value
Client Value
  • Business improvement reviews
  • Financial reporting process implementation
  • Preparation for future audits
  • Timely completion of an audit
  • Achieving added third-party stakeholder comfort
  • Cost reduction by:
    • Reduction of audit overages
    • Improved employee and management time efficiencies
    • Audit training for employees and management
Certified Public Accountant Value
  • Reduction of audit risk for audit clients and prospective audit clients
  • Improves clients’ procedures and staff capabilities
  • Reduction of time overages by:
    • Providing opportunities for effective staff scheduling
    • Reduction of on-site staff downtime
    • Reducing the need for negotiations of overage costs
Third-Party Value
  • Timely completion of an audit
  • Achieving added third-party stakeholder comfort
  • Reduction of overall audit cost
  • Improves employees’ and management’s capabilities thereby increasing their productivity
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