Audit and Document Preparation

Though we are a small team at Account Step, our strong audit knowledge base comes from experience on both sides.   From assisting in and completing the substantive testing of financial statements in external audit to completing walkthroughs, narratives, and controls testing in internal audit.  We are experts on assisting clients with preparing “PBC” requests and have all of the right tools for an efficient and effective delivery to the auditors.  knowing the audit requirements and how to hit the ground running for deadlines is what we do best.  Contact us if your team needs guidance, assistance, or a catalyst to help run the entire audit engagement.

Some recent projects our teams have completed in Audit:

  • Represented the client as a main point of contact for their auditors. Prepared and completed all Audit requests of supporting schedules and documents, updated current year narratives and documentation, and conducted walkthroughs with the clients’ external auditors and support for inquiries to the very end of the audit.

  • Conducted numerous regulatory and compliance audits, Financial Statement Audits, Physical Inventory audits, Payroll audits, Rebates audits, Vacation and sick pay audits, Health insurance and Cobra audits.

  • Performed walkthroughs with business units and completed narratives for multiple business processes while gaining an understanding of the client’s control environment and identifying risk areas.

  • Assisted in the planning, tracking, and testing multiple business cycle SOX Key and Non-Key controls throughout Interim, Year-end, and remediation periods.

  • Designed Executed, and Documented the test of control for operating effectiveness and performed testing of internal controls over financial reporting.

  • Worked directly with control owners in assisting with improving company RCM’s.

  • Conducted vendor assessments through client walkthroughs, questionnaires, in assessing compliance and effectiveness of Software Controls and its sub-processes as compared with the internal and external requirements, verifying the compliance to applicable regulations, standards for their Quality Management System, Quality Assurance Program, Information Technology Structure, Information Security Management Systems (ISMS ISO27001), Data Privacy, and PCI-DSS compliance.