How to prepare your business for financial audits

Financial audits are critical evaluations of a business’s financial statements and records, designed to ensure accuracy, compliance, and transparency. While the prospect of an audit can be daunting for many business owners, thorough preparation can significantly ease the process, reducing stress and the likelihood of negative findings. Beyond the common advice of keeping organized records and understanding audit procedures, there are several under-discussed strategies that can … Continue reading How to prepare your business for financial audits