Audit-Ready Financials -- Best Practices to Avoid Common Pitfalls
Date: Tue, Mar 25, 2014
Time: 02:00 P.M. ET
Duration: 1 hour
Independent external audits of GAAP financial statements are an increasingly inescapable reality for finance professionals. External audits are, of course, required by statute for public companies -- but growing demands for transparency from regulators, investors, and other stakeholders mean that external audits are also becoming the norm among private companies.
Ultimately, every audit carries the risk of exposing a material misstatement. The consequences of such a misstatement can be grave for companies and for individuals, calling into question a company's internal controls and the soundness of its management. Cloud accounting software can help finance teams to mitigate audit-related risks by streamlining and automating the organization of source materials; the documentation of accounting treatments; the calculation and reconciliation of figures; consolidation and close; and, ultimately, the preparation of financial statements.
From this Webcast, you will learn:
- How to improve your process for preparing audit-ready financials;
- Key steps for audit preparation;
- How to employ cloud technology for financial reporting and audit preparation effectively; and
- How to ensure that the information you present -- and the way you present it -- helps your company earn a "clean" opinion from your auditor.
About the Presenters
Matthew Perreault, Audit Partner, Armanino LLP
Matthew is the partner in charge of Armanino's technology and SEC audit practice group. He has more than 25 years of experience auditing public and private companies in a variety of industries. He is a recognized subject matter expert and frequently consults in the areas of revenue recognition, equity accounting and M&A/IPO activities.
Mark Gervase, Cloud Financials Strategist, Intacct
Mark is responsible for Intacct's product positioning, messaging and go-to-market strategies, with a focus on the software and SaaS industry. Prior to joining Intacct, he marketed mobile collaboration applications for Cisco Systems, specializing in areas that include cloud, BYOD, mobile devices and applications and wireless technologies. Earlier in his career, he worked as a CPA at a large public accounting firm.
Cloud Financials Strategist