Most businesses scramble for audits because the supporting documentation lives in someone's memory. We build it as we close — quietly, consistently — so the audit folder is mostly already there when it is needed.
Supporting schedules built as we close each month — bank recs, AR/AP aging, fixed asset rolls, accruals, deferred revenue.
Loan covenant compliance documentation maintained current — debt-service ratios, asset coverage, financial reporting deadlines met.
Standard DD requests — three-year financials, customer concentration, contracts inventory, owner expenses — pre-organized and refreshable.
PBC list handled, auditor inquiries answered, sample requests pulled. We sit between you and the audit team.
Process documentation, segregation-of-duties review, and basic internal control structure — particularly useful before a sale or audit.
Annual reconciliation of book financials to tax return — book/tax differences identified and documented in advance.
Audit prep makes sense for businesses that face audits, lender reviews, or transactional diligence regularly — and want to stop scrambling each time.
Companies with credit facilities or term loans requiring annual audited financials or compiled statements.
Companies preparing for sale, recapitalization, or significant investment that will trigger third-party diligence.
Industries with regulatory financial reporting — nonprofits over a threshold, government contractors, certain franchises.
A complimentary 30-minute consultation. We review your situation and tell you honestly whether Milestone is the right firm.
