1. Pre-Audit Preparation and Documentation
- Organize and update all financial records, ledgers, and supporting documents.
- Ensure all reconciliations (bank, credit cards, inventory, etc.) are current and accurate.
- Review prior audit findings to address recurring issues and implement improvements.
- Prepare schedules for fixed assets, depreciation, payables, receivables, etc.
- Ensure compliance with accounting standards and regulatory requirements.
- Flag and resolve unusual transactions or inconsistencies before auditor review.
- Compile tax filings, statutory returns, and internal control documentation.
- Provide auditors with a clear and audit-ready financial package.
2. Liaising with Auditors and Stakeholders
- Act as a bridge between management and external auditors during the audit process.
- Respond promptly and professionally to auditor queries and data requests.
- Clarify accounting treatments, adjustments, or financial positions when needed.
- Help stakeholders understand audit outcomes, observations, and implications.
- Coordinate meetings and walkthroughs between auditors and internal teams.
- Ensure confidentiality and accuracy while sharing sensitive financial data.
- Assist in resolving any disputes or concerns raised by auditors.
- Monitor progress and keep all parties informed throughout the audit timeline.
3. Due Diligence and Financial Analysis
- Conduct thorough financial reviews for mergers, acquisitions, or partnerships.
- Analyse revenue streams, cost structures, liabilities, and historical trends.
- Identify financial risks, red flags, or hidden liabilities in target companies.
- Assess working capital, debt positions, and overall financial health.
- Prepare due diligence reports with key findings and recommendations.
- Support valuation exercises using appropriate financial models.
- Help clients make informed decisions based on accurate financial insight.
- Validate the accuracy of target company’s reported numbers and assumptions.
4. Strategic Advisory on Business Transactions
- Provide expert guidance on deal structuring and transaction planning.
- Evaluate different transaction models for tax efficiency and risk mitigation.
- Assist with drafting and reviewing transaction documents from a financial perspective.
- Advise on capital structure, financing options, and investment terms.
- Support negotiations by providing financial and commercial analysis.
- Identify synergies, cost-saving opportunities, and integration challenges.
- Help assess post-transaction impact on financial statements and KPIs.
- Ensure alignment with business goals, compliance requirements, and market conditions.
