In our years of advisory experience, we have found that too many companies suffer through unnecessarily difficult audits. Often the results are additional billings from your audit firm, and hours lost internally as your staff struggles to provide information the auditors are seeking.
At PAMC, we’ve found that with effective audit preparation and planning provided by accountants with experience in the audit process, audit engagements can proceed smoothly and painlessly.
We provide three levels of audit preparation service.
Our firm will provide a high level evaluation of your readiness for an audit. We review your records for consistency and accuracy.
Our firm has no independence requirement for these services; hence, we can also help implement the suggestions we make. From cleaning up your accounts receivable aging to helping you with the accounting for more complex transactions, our implementation services provide you with records that your auditors will appreciate.
Our firm can counsel you on the background and theory surrounding complex accounting transactions, and provide you with authoritative literature to support the accounting treatment so that you can assure your auditors that you are properly informed to present accurate financial statements.