" We are being audited ." Those four little words can strike fear into the heart of any official. No one prefers the possibility of an outcast sifting through the books and conceivably uncovering blunders. However as repulsive as a financial audit review can be, with the correct state of mind and approach, it can demonstrate a profitable device for enhancing your business — and an inspector can be seen as a trusted consultant rather than as an enemy. The way to an effective and successful financial audit is preparation. Being all around arranged for an audit spares time and cash helps your business accomplish the coveted result: an exact financial articulation. Here are a few tips for making the procedure as effortless as could be allowed. Get organized Before the auditor arrives, get your ducks in succession. Make sure you have an accommodated trial adjust with the majority of the posted year-end adjustments recorded. Finishing off the financial year t