Audit Preparation

AUDIT PREPARATION

Audits offer the highest level of assurance to third parties and include in-depth examination and confirmation of account balances, inventories, and selected transactions. TechCORE MSS can help you prepare for your audits by reviewing your current financials and ascertaining the validity and reliability of your information. Whether you need to include full audit preparation for all accounts or just preparation of specific schedules, TechCORE MSS can meet your audit needs whether it is here in Virginia or anywhere within the United States. We create backup schedules to substantiate your accounts and review trends and various analytics looking for any deviations or potential issues.

Audit Planning in Virginia & Nationwide

Our audit support professionals in Virginia will review and identify any transactions or disclosures that do not appear to be in accordance with GAAP, and propose the proper steps to fix those deviations. We will create an audit prep binder comprised of lead sheets for every balance sheet account, plus supporting documentation. Additionally, our team will prepare a summary list of all major contracts in existence for the year under audit and generate a fluctuation analysis of the current and prior year’s income statement accounts. Next, our Virginia team will generate correcting journal entries to fix any deviations. Lastly, we will complete a disclosure list of all notable issues, and new processes to ensure proper accounting in the future.

Our audit support teams understand the applicable reporting standards for your company, along with the regulatory environment in which you operate. With our prior experience, we know we can meet your audit prep requirements in a timely and cost-effective fashion. Our services include:

  • Pre-audit services
  • Financial statement reviews
  • Preparation of financial statements in accordance with GAAP
  • Analysis and review of operational controls
  • Financial analysis and documentation assembly for your outside auditors
  • Recommendations regarding best practices

Our audit preparation services help your business to establish a solid foundation for growth, whether located in Virginia or anywhere in the United States. You can customize your service package further by adding accounting, payroll, tax preparation or any of our other services. For more information on our audit preparation services in Virginia and nationwide, please email or call our office at (703) 337-4300. We will schedule a complimentary consultation to discuss how your business can benefit from audit preparation services provided by TechCORE MSS

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