Preparing for Your First Financial Audit: A Checklist for Startups
Shay CPA
FEBRUARY 19, 2025
. #1: Adhere to GAAP Aligning your books with national standards makes the audit run much more smoothly, and limits the amount of rework youll need to do during it. based companies, that means adhering to generally accepted accounting principles (GAAP). companies need to adhere to Accounting Standards Codification (ASC) 842.
Let's personalize your content