Get “Audit-Ready” With Squire’s Audit Assistance Services
Financial-statement audits can be complex, time-consuming, and burdensome in any of its many forms. But with Squire, you’re never alone. Our technical accounting and audit assistance services ensure that your business is ready to face any audit with confidence.
Our audit assistance service is a business advisory solution designed to prepare companies for third-party audits by identifying gaps, cleaning up financial records, preparing audit schedules and memos, and drafting financial statements and filings. We also provide guidance during the audit itself, coaching you through the process, answering audit inquiries, and advocating for you if challenges arise.
Rest easy. Whether you’re a company undergoing your first audit, preparing for public offerings, or already a public filer, our team is here to assist you every step of the way.
From financial preparation to compliance with accounting standards, we streamline the entire process, saving you time and minimizing disruption.
What is a financial-statement audit?
Simply put, a financial-statement audit—not to be confused with an IRS audit—is an independent examination of a company’s financial records to verify accuracy, ensure accountability, and identify areas for improvement. Audits may be routine or regularly scheduled, but they may also happen in the event of a merger, acquisition, or restructuring. Suspected fraud or other irregularities may also lead to an audit.
Some of Squire’s key services in audit assistance include:
- Revenue Recognition (ASC 606) Compliance
- Lease Accounting (ASC 842) Guidance
- Financial Instruments and Derivatives (ASC 815) Consulting
- Mergers & Acquisitions Financial Impact Analysis
- SEC Reporting Support
- Accounting Policy Development, Documentation, and Implementation
- Audit Preparation and Support
Who benefits from Squire’s audit assistance?
Our team of experts in technical accounting services is equipped to guide businesses of all sizes with their audit needs. For the most part, we specialize in two groups: (1) companies new to audits or with limited resources, and (2) public companies or companies preparing to go public.
Audit assistance for companies new to audits or with limited resources
If your business has never needed an audit before and/or lacks the internal capacity to get “audit-ready,” we step in to provide the expertise and resources to fill those gaps.
Audit assistance for public companies or companies preparing to go public
If your company is a public filer, or even one planning on going public, we assist in navigating the complexities of SEC filings, GAAP compliance, and navigating new or complex standards. Squire provides the additional support your team needs for a successful SEC audit.
Why partner with Squire for your audit preparation?
There are many reasons Squire might be the perfect fit for your audit-preparation needs. We offer expert advisory support to coach you through every phase. With our help, you’ll be ready to field any auditor inquiry with confidence. And if an auditor raises any concerns, we’ll be in your corner, advocating on your benefit to resolve any issues. Not to mention, our meticulous preparation to get your records organized and complete will expedite the entire audit process.
All this will save you valuable time and effort, avoid unnecessary over-auditing and get all your documentation neat and tidy, ready to further streamline your workflow. Full compliance won’t be an issue; our team can tackle any GAAP or accounting-standards issues.
Our Audit Support and Technical Accounting Services
Navigating complex accounting regulations and standards can be challenging for businesses of all sizes. At Squire, our Technical Accounting Services provide expert guidance to help you stay compliant and confident in your financial reporting.
Whether you’re preparing for an audit, dealing with evolving accounting standards, or managing the financial implications of business transactions, Squire’s expertise allows you to focus on your core operations while we handle the complexities.
Partner with Squire’s Technical Accounting and Audit Assistance team for comprehensive, reliable solutions tailored to your unique needs. Connect with our award-winning team at info@squire.com.