AUDIT SURVIVAL GUIDE
This course provides practical guidance for accounting professionals preparing for financial audits. Led by Mark Cox from Riveron and Parker Gilbert from Numeric, they share strategies to streamline audit preparation, avoid common pitfalls, and build audit readiness into regular accounting practices. Key topics include effective documentation, communication with auditors, balance sheet substantiation, and preventing team burnout. The focus is on continuous preparation rather than last-minute efforts.
After completing this course, participants will be able to:
- Prioritize balance sheet accounts for substantiation based on risk assessment
- Explain the ideal state of audit readiness for businesses
- Evaluate effective communication strategies with auditors when introducing new business lines
- Apply appropriate month-end close procedures to maintain accounting data hygiene
- Assess how prior year audit information can prevent future audit challenges