Article

Are you ready for your audit?

Dealers who flinch each year before their annual audit, or who think of the process as something that will significantly interfere with their work for days at a time, should think again. An audit doesn’t have to be a time-draining or stressful experience for those who are prepared. This article discusses how to anticipate auditors’ requests and learn from the management points they present at the end of an engagement. It also provides tips for preparing for the auditors’ physical inspection of inventory, and why it’s important to discuss with them the best inventory method to use.

Read the article.

For more information on this topic, or to learn how Baker Tilly specialists can help, contact our team.

Related sections

Next up

Regulatory noncompliance is now a financial matter