Bookkeeping project
Audit support and PBC list preparation
When an auditor sends a long request list, the work falls on you. We prepare the schedules and support your auditor asks for, so you answer once and on time.
For businesses facing a financial statement audit, review or due diligence request.
What you get
- A review of the request list, with each item assigned and tracked
- Account reconciliations and supporting schedules, such as receivables, payables, fixed assets, debt and accruals
- A folder structure with support documents named and organized
- A tracker showing what is done, open or waiting on someone
- Prepared answers to routine questions, for you to confirm
- A clean trial balance and a list of adjusting entries your CPA proposes, recorded when you approve them
What we need from you
- The request list from your CPA or auditor
- Access to your accounting software and statements
- Contracts, loan agreements and other source documents
- A contact at the audit firm
- Time to confirm answers
How it works
- Read the request list. Sort items into what we prepare and what only you can supply.
- Reconcile and schedule. Build the schedules the auditor will test.
- Collect support. Gather documents and name them consistently.
- Track and respond. Keep the tracker current and pass the work to the audit team.
- Record adjustments. Enter adjusting entries your CPA proposes, once you approve.
What this is not
- We are not your auditor and we do not provide assurance.
- We do not choose accounting treatments. Your CPA does.
- We do not guarantee the audit result or its timing.
- We do not speak for you to regulators or give legal advice.
Price
Starting at $500 one time.
Your written scope sets the final price before any work starts. What moves it: the length of the auditor's request list. If we are not the right fit, we say so.
Related
- Books health report
- Are my books ready for a CPA or lender?
- Sale-ready books
- All projects
- Monthly service levels
Questions
Do you replace my CPA?
No. Your CPA or auditor does the audit. We prepare your records and schedules.
Can you talk to the auditors?
We can answer their questions about the books if you authorize it. Final answers are yours.
What if the books are behind?
We may need a catch-up first. We scope that separately.
Is this the same as the health report?
No. The health report is a quick review. This supports a specific request list.
MCC Solutions is not a CPA firm or a law firm. These projects organize and present your own numbers. They are not audits, reviews, tax returns, valuation opinions, or credit, tax or legal advice, and we cannot promise that a lender, buyer or investor will accept them. Rules and requirements change, so confirm anything that matters with the party involved and your CPA.