Audit Readiness Services

Confidently navigate financial statement audits with readiness and support services

Whether you’re facing your first financial statement audit or seeking to streamline an existing audit process, the stakes are high. Unprepared companies often encounter costly delays, material weaknesses, erosion of stakeholder trust, and barriers to raising capital. The difference between a smooth, efficient audit and a problematic one often comes down to preparation and professional guidance.

Companies across industries—from high-growth technology startups preparing for Series A funding to established real estate firms meeting lender requirements, consumer product companies pursuing acquisition opportunities, and not-for-profit organizations maintaining compliance—all face the same critical challenge: being truly audit-ready when it matters most.

Comprehensive audit readiness and support services

BPM’s audit readiness and support services are designed to reduce the stress of financial statement audits and help to ensure your company or organization is fully prepared—at every stage of the audit process.

Our team includes experienced accountants and CPAs who have previously worked as part of a financial statement audit team. This past experience allows us to provide unparalleled support to help ensure your audit is effective and efficient, as well as reduce the hassle of an audit and touchpoints with the auditors.

We have a diverse blend of experience, including public accounting audit experience, internal general ledger (GL) accounting, technical accounting guidance (TAG), valuation analysis, SOX-level internal control evaluation, and IT system controls (Risk Assurance). To deliver the highest level of service, we structure our teams to include specialists across all critical areas.

We bring deep industry knowledge across a wide range of sectors, including—but not limited to—technology, real estate, consumer products, and not-for-profit organizations.

Support across the audit timeline

Most audits follow a typical timeline. BPM provides tailored support at each stage:

STAGE 1 Audit Readiness STAGE 2 Preparation STAGE 3 Audit Fieldwork Support STAGE 4 Post-Audit Fieldwork Support STAGE 5 After Audit Report Issuance

Services Include:

  • Internal control analysis (AICPA or PCAOB)
  • Review of internal process memos/narratives and their application to accounting to help implement corrections
  • Evaluation of accounting policies and procedures, including capitalization thresholds and asset lives
  • Guidance on accounting standard expedients
  • Support with implementing new accounting standards
  • High-level and technical accounting consultation
  • Assistance with auditor selection
  • Structured segregation of review and approval documentation
  • Review prior year audit reports and management rep letter comments and understanding how corrections were implemented

Your partner in audit readiness

BPM offers the ultimate in flexibility when it comes to supporting your audit needs –

  • Limited Scope – assess only certain aspects of the financial statements based upon areas of risk or complexity
  • A-Z “Kitchen Sink” Approach – comprehensive all-inclusive approach to your needs to ensure that all accounting and audit requirements are met

Our goal is simple – make your life easier. Whether that is helping to prepare for an audit or support you through the process, BPM is there every step of the way.

Ready to enhance your audit readiness? Contact our audit specialists to discuss your specific needs and learn how our services can help prepare your organization for a more efficient audit experience.

Start the conversation

Looking for a team who understands where you’re headed and how to help you get there? Whether you’re building something new, managing growth or preserving success, let’s talk.