How to Prepare for an Audit
LAMBERTY
PYLE & ASSOCIATES LLP
How to Prepare for an Audit
➤ Ensure all financial records, including receipts, invoices, and statements, are accurate and well-organized
➤ Double-check that all accounts are reconciled and balanced, including bank and credit card statements.
➤ Ensure that your balance sheet, income statement, and cash flow statement are up-to-date.
➤ Familiarize yourself with the steps of the audit and the types of questions you may be asked.
➤ Consider hiring a CPA you through the audit process and ensure compliance.
