Audit Readiness
Audit Post-Mortem: How to Optimize Your Audit for 2024
Are you looking to enhance your financial statement audits for 2024 and learn from the past?
We have the perfect opportunity for you. Watch this insightful webinar, hosted by FloQast and SolomonEdwards, designed to equip you with the strategies needed to optimize your audit process.
This information-packed event will share vital learnings from past audits, guide you in creating effective action plans, and explore the immense potential of technology to streamline audits.
The webinar features seasoned experts in the field, Jaysen Dyal, Product Marketing Manager at FloQast and former public accounting auditor, and John Schroeder, Principal at Solomon Edwards. Their combined wisdom and industry knowledge provide a comprehensive view of auditing, allowing you to hear things from an auditor’s perspective that your auditor may not tell you.
One of the key takeaways from this webinar will be learning how to review your 2023 audit and pinpoint challenges. Dyal and Schroeder stress the importance of collaboration between audit and accounting teams, advocating for the continuous improvement of audit processes. The duo recommends starting with an internal assessment, which can help identify areas for enhancement.
Our speakers also dive into the role of technology in optimizing audits. They believe automated controls and preventative measures can drastically reduce the manual workload on accounting teams. If you’re battling high turnover or an increased workload, Dyal and Schroeder will highlight the benefits of implementing tech solutions to improve your team’s efficiency.
Communication and collaboration take center as both speakers endorse regular check-ins, setting clear expectations, and proactive identification of audit process challenges. Schroeder goes a step further, underlining the significance of early communication to minimize surprises, making the audit process smoother and more fruitful.
“The audit is a collaborative project. The financial statement audit team can only do so much. It requires input from the accounting team,” says Dyal, emphasizing the symbiotic relationship between the two teams.
“We really believe it does all come together during the close. How effective your close is really is an indicator of your audit readiness,” Dyal adds, showcasing the power of internal assessment.
Schroeder seconds this, stating, “The more information you can get in one place, the better you get at one source of truth in your financials and all the support that goes into putting them together.”
Sign up for this learning journey to refine your auditing process. Experience firsthand how these valuable insights can reshape your audit approach, streamline operations, and ultimately bolster your organization’s financial health.
Take advantage of this opportunity to learn from the best. Sign up for the webinar today and enter 2024 fully prepared for your financial statement audits.
Join this webinar by FloQast and SolomonEdwards to make your 2024 financial audits better. We’ll talk about learning from past audits, planning for 2024, and using technology to your advantage.
Key speakers
– Jaysen Dyal, Product Marketing Manager, FloQast
– John Schroeder, Principal, Solomon Edwards
