Rushing through procurement documentation feels like a smart shortcut... until that dreaded audit letter lands on your desk. Those "quick" decisions without proper paper trails? They're career vampires waiting to strike. One missing document turns into 20 urgent emails and countless sleepless nights explaining yourself to auditors. Steal this hack: Build a simple decision template. Next time pressure hits, you'll nail your documentation in minutes instead of hours. #procurementlife #contractmanagement #publicprocurement #riskmanagement #compliancemanagement #auditready #procurementtips #supplychainmanagement
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I’m thrilled to share our latest guide on audit readiness written in collaboration with BPM LLP's Technical Accounting Group and Business Enterprise Services Team! We dive into the essential steps and strategies to ensure your organization is fully prepared for an audit. We also address common pitfalls and offer practical solutions to help you navigate the process smoothly. A special shoutout to my wonderful co-author, Winny Wong, CPA, for her invaluable contributions! #auditreadiness #technicalaccounting
Master the art of audit readiness with our must-read guide! From early planning to execution, we cover what you need to know for a smoother audit. 🔍 Access the guide here: https://hubs.li/Q02PpJPM0 #AuditReadiness #FinancialCompliance #OperationalEfficiency
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For many businesses the idea of an audit comes with many negative feelings. We can help you navigate through the pain points and focus on what matters most; whether you’re anticipating a capital raise or refinance, looking to prepare to sell, or simply want to level up your game, audit readiness can do more than just get you ready for the audit. It will improve your business value and streamline financial reporting. Don’t hesitate to reach out to learn more! Nice job Winny Wong, CPA and Will Tanem - very grateful to be your partner. #financialreporting #becausepeoplematter
Master the art of audit readiness with our must-read guide! From early planning to execution, we cover what you need to know for a smoother audit. 🔍 Access the guide here: https://hubs.li/Q02PpJPM0 #AuditReadiness #FinancialCompliance #OperationalEfficiency
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Uncovering 5 Common Misconceptions About Smart Contract Audits! 🚨 1) Smart contract audits are unnecessary for simple contracts. 2) The audit process is quick and easy. 3) Audits are only about finding bugs. 4) Once audited, a contract doesn't need future reviews. 5) Smart contracts don’t need audits if they're open source. What smart contract audit myth have you encountered in your journey? Share it with us in the comments! 👇
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How to Conduct a Successful Audit: A Guide for Specialists
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🚨 New Blog Post! For accounting and auditing companies, conducting efficient and meticulous audits is crucial. However, traditional paper-based document management can create significant hurdles in the audit process. Manual document handling, limited accessibility, and difficulties in organisation lead to wasted time, frustration, and even potential errors. At MDSS, we understand these challenges. That's why we're dedicated to helping companies like yours unlock the immense benefits of document scanning. In this blog post, we'll explore five key ways document scanning services can revolutionise your audit workflow, enabling you to meet deadlines with greater ease, enhance accuracy, and streamline your operations. Visit our website to read more. Click the link in bio! 🔗 - #RecordsManagementCardiff #DocumentManagement #DocumentStorage #DocumentShredding #ITDestruction #DocumentManagementSolutions #Auditing #EfficientAuditing #DocumentScanning
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Never been audited? Had an unsuccessful audit process? We have you covered here at BPM LLP with our audit readiness guide. Whether US GAAP or IFRS, the principles of undertaking a successful audit are the same - ensure transparency and accountability within the accounting frameworks. We have some nail-biting insights you can leverage for your current or next audit so grab a cup of coffee and enjoy! Contact us today, and we can take you from zero to hero! 📈 #bpmllp #audit #accounting #USGAAP #IFRS
Master the art of audit readiness with our must-read guide! From early planning to execution, we cover what you need to know for a smoother audit. 🔍 Access the guide here: https://hubs.li/Q02PpJPM0 #AuditReadiness #FinancialCompliance #OperationalEfficiency
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Master the art of audit readiness with our must-read guide! From early planning to execution, we cover what you need to know for a smoother audit. 🔍 Access the guide here: https://hubs.li/Q02PpJPM0 #AuditReadiness #FinancialCompliance #OperationalEfficiency
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𝗡𝗗𝗜𝗦 𝗔𝘂𝗱𝗶𝘁 𝗔𝗽𝗽𝗿𝗼𝗮𝗰𝗵𝗶𝗻𝗴? We know that independent internal auditing services can be costly. Why not try our Audit Ready Checklist? 1. Use our easy to master Excel checklist to rate yourself on common practice standard areas. 2. Use our temaplte to write up your remediations and provide evidence of an internal audit. 𝗕𝗲𝗴𝗶𝗻𝗻𝗲𝗿 𝗟𝗲𝘃𝗲𝗹 𝗔𝘂𝗱𝗶𝘁 𝗥𝗲𝗮𝗱𝘆 𝗖𝗵𝗲𝗰𝗸𝗹𝗶𝘀𝘁 (𝗧𝗼𝗼𝗹): Purchase Now: https://lnkd.in/gtKYU7qj 𝗘𝘅𝗽𝗲𝗿𝘁 𝗟𝗲𝘃𝗲𝗹 𝗣𝗮𝗿𝘁𝗶𝗰𝗶𝗽𝗮𝗻𝘁 𝗮𝗻𝗱 𝗦𝘁𝗮𝗳𝗳 𝗙𝗶𝗹𝗲 𝗔𝘂𝗱𝗶𝘁 𝗧𝗼𝗼𝗹: Purchase Now: https://lnkd.in/gtm_nG_p
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Curious about the audit process? Here’s a step-by-step guide. #AuditProcess #BusinessCompliance
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