Audit Support
Your first audit without the scramble.
We prepare the schedules and workpapers, answer every request and manage your auditors through fieldwork. When a buyer comes calling, the same records carry you through diligence.
What is included
Audit Support at Cabot
01
Before the audit
- Readiness review of your books, the way an auditor will read them
- Help choosing and scoping an audit firm that fits your stage
- Controls designed for your size, not a public company's
- Technical accounting memos: revenue under ASC 606, stock comp, leases, capitalized software
02
During fieldwork
- Request list prepared and delivered before fieldwork starts
- Schedules, rollforwards and workpapers built from the ledger
- Auditor questions answered and tracked to close
- Proposed adjustments reviewed before they are booked
- Draft financial statements and footnotes reviewed with you
03
After the audit
- Management letter points fixed before next year
- Investor and lender reporting updated with audited numbers
If you sell the company
- Data room for buyer diligence
- Support through a quality of earnings review
- Closing statement and working capital support
Who does what
Agents do the work. Your accountant manages the audit.
The same split as every Cabot service, applied here.
Agents
Preparing every request before the auditors ask
- Assemble schedules and workpapers from the ledger
- Gather the documents each request asks for
- Track open items through fieldwork
- Flag gaps before the auditor finds them
Your accountant
Your auditors’ single point of contact
- Plan the timeline with you and your auditors
- Review every schedule before it goes out
- Decide the technical accounting positions
- Manage the relationship with your auditors
Related Strategic Finance Services
Did your Series A come with an audit requirement?
Book a 15-minute call. We map what your first audit takes and flag what they’ll ask about.