Kicking Off a Virtual Audit

 

As we trend towards a sense of normalcy in 2022, the convenience and cost savings of remote audits are here to stay. Whether you began remote audits out of necessity during the pandemic or have been doing them for a while, join us and Paul Preziotti, CPA, nonprofit audit expert, and Partner with Johnson Lambert, in this excerpt from webinar Be Audit You Can Be, Remotely: Preparing and Running a Successful Remote Audit for tips on preparing for and running a successful remote audit.

Topics Discussed in This Episode:

  • Is a remote audit what your organization needs?
  • Plan for what an auditor will need to see
  • Create a strong audit trail with documentation, naming conventions, and accessible details
  • Gather what you’ll need and provide secure access to your auditor

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Resources:

Paul Preziotti, CPA

Webinar: Be Audit You Can Be, Remotely: Preparing and Running a Successful Remote Audit

Blog: The Final Step of the Nonprofit Audit: Presenting Financial Statements to your Board

Quotes:

“As the auditee, you have the ability to mold this relationship however you want it.”

“I think [hybrid audits] are terrific and I think that could be a good solution for a lot of you that want the best of both worlds.”

“If we have an audit that’s beginning the first week of May, we want to be able to hit the ground running.”