Zeroed-In Consulting’s Post

Over the last few weeks, we've been talking about audit prep and the importance of tackling those key areas now. But where do you start? Preparing for an audit can feel overwhelming, especially if you're unsure where to focus first. The good news? You don't have to tackle it all at once. There are some key areas that, if addressed early, can make your audit prep much smoother and less stressful. Every company is different, but there are some common focus areas when preparing your financial statements for an audit, such as: - Revenue recognition - Accounting for acquisitions - Debt vs. equity considerations - Recent accounting standards - Reconciliations and supporting documentation Want a deeper dive into audit prep focus areas? Check out our blog. 🔗 Link in comments. #auditprep #yearend #technicalaccounting

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