Staying Prepared for Your Annual Audit
Summary
In today’s economic and political climate, there is tremendous scrutiny of the public sector’s capital allocation because the results are widely published. Accounting records must provide meaningful, reliable, accurate and timely information to the many persons and groups with legitimate interests in the financial affairs of an organization. Fiscal year totals are required to prove the accuracy of the amounts paid and collected. Quarter year totals are required for reporting tax withholdings or Social Security information to Federal and State government. Auditors pay close attention to the description on journal entries because it is an explanation of why the transaction was made.
Classifications
industries
Fintech & Banking
applications
Accounting and Taxes
AskAI Classifications
Labels
Software
ERP Software
SaaS
Linked Companies
RDA Systems, Inc.
$1M to $5M