Why is it important to be audit ready? Your year-end closing activities are finally done, but now start another interesting and demanding part: the year-end audit! If not planned ahead of time, accounts preparation can be a demanding and exhausting undertaking. Internal auditing is not the responsibility of the accounting team; instead, other departments are […]
What do you need to do in the year-end closing process? If you are working in Finance just like me, chances are that it’s getting busy. In addition to the day-to-day activities, there are three things you should do to finish the year well. Assess Your Balance Sheet Positions One of the main accounting principles […]
