A CFOs Guide to Staying Prepared for a Financial Audit
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With the right financial recording policies and procedures, effective internal controls, and timely provision of all the requested data and information to external auditors, there is no reason why you can’t stay prepared for a financial audit.
The forward-thinking CFO has to put their best foot forward in leveraging tools that will allow them to keep their books ever-ready for audits. Here are a few ways company CFOs can increase their company’s auditability.
ERP software simplifies the preparation of financial statements, gathering financial information in real-time, compliance with accounting standards, tracking your company’s financial health, and ensuring you are always prepared for audits.
Investing in a great ERP surely is an asset you would like to add to your balance sheet.