While an audit of your entity’s financial statements may be performed due to a regulatory or lender requirement, that doesn’t mean that it can't also be a valuable tool for managing your business. To properly plan and perform an audit, the engagement team is required to have an understanding of your business and industry. That understanding provides an opportunity to have conversations about your organization, both as part of the regular process and in addition to the audit. Those conversation and the audit results can lead to improvements in operations, internal controls, and identifying additional performance benchmarks.
An experienced audit team can not only provide you with a report on your financial statements, but also facilitate a discussion for positive changes in your organization.
At Eide Bailly, we view the audit process as an opportunity to help you identify positive changes for your organization. You will work with partners and engagement teams that understand your industry and will share that understanding, not only during the audit process, but throughout the year. You will also have access to the most experienced team members assigned to your audit engagement, including the engagement partner.
What inspires you, inspires us. Let’s talk.