How to Prepare for your Audit

Preparing for an audit can feel overwhelming but, "Relax. We got this!" In this video, we walk you through what to expect and how to get organized so your audit process runs smoothly and efficiently. Whether it’s your first audit or you’ve been through many, these practical tips will help you feel confident and ready. Below are the time stamps if you would like to fast forward to a specific section in the video. As always, if you have any question, don't hesitate to reach out to a member of the Gilbert CPAs team.

Video Time Stamps:
00:20 Suralink Overview
01:46 Audit Preplist Timeline
02:35 Overview of Financial Close Process 
02:55 Investments
03:44 Accounts Receivable and Promises to Give
05:29 Accounts Payable and Accrued Expenses
06:10 Equity
06:43 Revenue
07:45 Expenses
08:26 Overall Tips