Audit Preparation
Navigate audit complexities
with ease.
We use our years of experience to provide insights to streamline
the audit process and efficiently prepare for an audit.
Our Solutions
Forge your path forward with expert insights and support.
Preparing for an audit can overload an already saturated accounting department.
We help you navigate the road ahead by properly preparing for auditor requests, minimizing adjustments and avoiding costly road bumps through a full suite of project-based services.
-
Identify complex areas requiring further evaluation, prepare pre-audit adjustments, and participate in pre-audit planning.
-
Set realistic deadlines, prepare required documentation and streamline the audit process.
-
Manage communication and collaboration with external auditors to reduce project challenges.
-
Align business goals, enhance communication and create more efficient processes to reduce risk.
-
Resource allocation and development of roles and responsibilities to ensure timely progress, status and completion.
-
Prepare requested technical white papers, draft GAAP-compliant financial statements and assist in the preparation of supporting calculations and analyses.
How We Help
Drive audit success,
one step at a time.
From stepping in to support your accounting team with day-to-day duties to driving successful collaboration with external auditors, we work closely with your organization to provide the hands-on expertise you need to achieve audit success.
We help with your audit preparation challenges, including:
- Understanding the demands an initial audit creates on internal resources
- Overcoming condensed timelines for project completion
- Ensuring adherence to accounting regulations, standards and best practices
- Preparing financial statements that are fully compliant with US GAAP
- Mitigating risk upon error identification
- Understanding the impact of delayed deliverables on the audit timeline
Hear what our clients have to say.
Our Process
Empower your team with our tailored approach.
Pre-audit GAAP Adjustments
Identify and record GAAP accounting adjustments before the audit begins.
Pre-audit Project Planning
Meet internally to create a plan to manage the ongoing audit process.
Audit Planning
Participate in planning meetings with external auditors.
Ongoing Engagement Management
Act as a key source of contact for external auditors.
Prepare Audit Deliverables
Prepare documentation requested by the auditors.
Let’s Connect
Grow to your full potential with Kranz by your side.
With over 30 years of industry experience, we are proud to be the “go-to” finance and accounting firm supporting startups and emerging growth companies.
From interim management to leading your organization to an IPO, we ensure that your business receives a tailored white-glove service through every stage of growth.
Power your team with benefits that matter:
- Reduce Resource Costs
- Save Time
- Customization
- Objectivity