News & Articles

Businesses: How to Help Prepare for Audit Season

Posted on Fri, Jan 30, 2015

The busiest time of year for external financial statement auditors generally runs from January to April each year. But CPAs usually start gearing up for audit season in November of the preceding year. Accountants meet with clients, assign staff and schedule fieldwork. Then, the team conducts preliminary financial analytics, observes physical inventory counts, assesses risk factors and customizes your audit plan.

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Tags: Audit, EHTC Article, Articles, Financial, fieldwork