What should I expect during an audit?
During an audit, you can expect a thorough review of your financial records, compliance checks, and interviews.
How long does an audit usually take?
The duration of an audit can vary, but it typically takes a few days to several weeks, depending on the complexity.
Will I need to provide any documents?
Yes, you'll need to provide various documents such as financial statements, tax returns, and supporting records.
What happens if the auditor finds discrepancies?
If discrepancies are found, the auditor will discuss them with you, and you may need to provide explanations or corrections.
How can I prepare for an audit?
To prepare, ensure your records are organized, review past audits, and communicate with your auditor about expectations.
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