If you’re new to the audit process, you might be wondering how best to prepare. It’s easier to manage the process when you know what both your and your auditor’s responsibilities are. Here’s what you can expect of your auditor, and what your auditor will expect of you.
Ongoing communication
Certain circumstances, events, or transactions may warrant an earlier conversation with or communication to your auditor. Consider a mid-year check-in with your auditor about the following:
Merging with, acquiring, or