Supporting accurate, organized, and audit-ready financial records.
We help businesses prepare for audits with organized financial records, supporting documentation, reconciliations, and end-to-end coordination for a smoother audit process.
SUM+IT Corporate Services provides comprehensive audit assistance to help businesses prepare their financial records and documentation for a smooth and efficient audit process. From reviewing accounts and completing reconciliations to preparing supporting schedules, organizing documentation, and addressing auditor queries, we help ensure your business is audit-ready. Where an independent statutory audit is required, we coordinate with licensed external auditors and support the process through to completion.
Audit Preparation & Readiness
Financial Records Review
Supporting Documentation Preparation
Auditor Query & Documentation Support
External Auditor Coordination
Specifications
Audit Readiness
Pre-Audit Review | Records Assessment | Audit Checklist | Gap Identification
Financial Records
General Ledger Review | Trial Balance Review | Account Verification
Audit Documentation
Supporting Documents | Schedules | Working Papers | Transaction Evidence
Auditor Coordination
Document Submission | Auditor Queries | Information Requests | Follow-Ups
Audit Findings
Observation Review | Corrective Action Support | Follow-Up
Ongoing Support
Periodic Audit Readiness | Year-End Preparation | External Auditor Liaison
Frequently Asked Questions
What does Audit Assistance include?+
We help prepare your financial records and supporting documentation for audit, perform reconciliations, prepare schedules, respond to information requests, and coordinate with the external auditor throughout the process.
Does SUM+IT conduct the statutory audit?+
Where an independent statutory audit is required, the audit must be performed by an appropriately licensed and approved auditor. SUM+IT can prepare your accounts and coordinate the process with the external auditor.
Can you help if our accounts are not ready for audit?+
Yes. We can review your accounting records, identify gaps, complete outstanding reconciliations, organize supporting documents, and help bring the accounts to an audit-ready position.
What documents are generally required for an audit?+
Requirements vary, but commonly include financial records, bank statements, invoices, expense documents, contracts, payroll records, fixed asset information, tax records, corporate documents, and supporting schedules.
Can you assist with Free Zone audit requirements?+
Yes. We can help businesses prepare for audits required by their respective Free Zone authorities and coordinate with an appropriately approved auditor where necessary.
Can SUM+IT manage our accounting throughout the year so we remain audit-ready?+
Yes. Our ongoing accounting and bookkeeping services can help maintain accurate records, regular reconciliations, and organized documentation throughout the year, making the year-end audit process more efficient.