Why It Matters
Whether you are a private or public company, external audits are critical to maintaining financial transparency for stakeholders and regulatory compliance. They can also be time-intensive and resource-draining without the right preparation. CBIZ provides:
- Comprehensive external audit readiness and project management.
- Coordination with auditors to ensure a streamlined process.
- Assistance with technical documentation and financial reporting standards.
Our External Audit Facilitation Services
Explore our full range of solutions to support your external audit facilitation needs.
Prepare your organization for a seamless external audit process with CBIZ expertise.
Simplify auditor interactions with efficient communication and preparation.
Drafting comprehensive financial statements and footnotes, as well as meeting the rigorous SEC disclosure requirements in public filings requires precise planning and expertise.
External Audit Readiness
Prepare your organization for a seamless external audit process with CBIZ expertise.
Successful external audits begin with meticulous preparation. CBIZ supports:
- Development of reconciliations, schedules, and roll-forwards.
- Drafting of technical memos to address complex accounting topics.
- Pre-audit reviews to identify potential issues before they arise.
Collaboration With Auditors
Simplify auditor interactions with efficient communication and preparation.
Managing external audit communications can be overwhelming. CBIZ provides:
- Seamless collaboration with external audit teams.
- Preparation of audit support packages for quick responses to inquiries.
- Strategic oversight to reduce delays and minimize audit adjustments.
Financial Reporting
Drafting comprehensive financial statements and footnotes, as well as meeting the rigorous SEC disclosure requirements in public filings requires precise planning and expertise.
The CBIZ team delivers:
- Drafts of private company AICPA financial statements and footnotes (includes first time through audits).
- Uplift of private company AICPA financial statements to PCAOB-compliant formats.
- Assistance with incremental public company reporting and disclosure requirements such as SEC filings, financial statement preparation, and regulatory compliance.
- Outsourced / co-sourced SEC reporting
Solving External Audit Challenges
External audits can place significant demands on your team, from preparing documentation to managing communication with auditors. Without a structured approach, the process can lead to delays, inefficiencies, and increased risk of non-compliance.
CBIZ addresses these challenges with precision and expertise. Our services include:
- Comprehensive audit readiness assessments.
- Efficient coordination with external audit teams.
- In-depth technical guidance to meet accounting and regulatory standards.
With CBIZ, you gain a trusted partner who can help to effectively and efficiently navigate the external audit process and limit the distractions for your team.
Comprehensive External Audit Facilitation Solutions
CBIZ’s External Audit Advisory Facilitation Services address every stage of the audit process, including:
- Pre-audit assessments and readiness.
- Real-time coordination and issue resolution.
- Technical accounting for compliance with complex standards.
