Audit Readiness & Assurance Services
Litrivis CPA helps growing businesses prepare for audits, strengthen internal controls, and address financial reporting risk before it becomes a problem.
Whether you're facing a required audit, preparing for a transaction, or investigating a suspected issue, we provide the assurance and readiness work that protects the business and the people responsible for its financials.
The Problem
An audit, lender review, or transaction due diligence process can put your financial records and internal processes under significant scrutiny. Being unprepared can lead to delays, higher costs, unexpected findings, and unnecessary disruption to your business.
We help businesses prepare throughout the year by strengthening financial reporting, documentation, and internal controls so they are ready when outside review occurs.
Audit-Ready Financial Processes
Accurate Financial Documentation
Internal Control & Risk Review
Lender & Due Diligence Preparation
Comprehensive Audit Readiness & Assurance
Litrivis audit readiness and assurance services help businesses prepare for, and pass through, external scrutiny of their financial statements and processes, whether that scrutiny comes from an auditor, a lender, an investor, or an internal investigation.
Audit Readiness
Most audit friction comes from unprepared documentation, not the underlying financial health of the business. We prepare your financials, documentation, and processes ahead of an audit.
-
Pre-audit financial statement review
-
Documentation and support gathering
-
Coordination with your external auditor
A smoother, faster, less expensive audit process with fewer surprises.
Internal Control Review
Weak or undocumented controls create both audit findings and real operational risk. We assess your control environment and help design controls appropriate to your size.
-
Internal control assessment
-
Gap analysis against best practices
-
Control design and documentation
A stronger control environment that reduces risk and improves audit outcomes.
SOX 404 Support
Businesses becoming subject to SOX compliance often lack the documented, tested control environment it requires. We help design, document, and test controls over financial reporting.
-
Control documentation aligned to SOX 404 requirements
-
Control testing and evaluation
-
Remediation planning for identified gaps
A control environment that meets SOX 404 requirements without a last-minute scramble.
Budgeting & Forecasting
Forensic Accounting Suspected financial irregularities need a structured investigation, not an informal internal review. We conduct forensic investigations with a defensible methodology.
-
Forensic investigation and analysis
-
Documentation of findings
-
Recommendations to prevent recurrence
A clear, defensible understanding of what happened, and the controls needed to prevent it going forward.
Financial Reporting Review
Financial statements prepared without independent review carry a higher risk of errors going undetected. We review statements for accuracy and compliance before they're used externally.
-
Financial statement review
-
Compliance check against applicable standards
-
Correction recommendations
Financial statements you can present externally with confidence.
Forensic Accounting
Suspected financial irregularities need a structured investigation, not an informal internal review. We conduct forensic investigations with a defensible methodology.
-
Forensic investigation and analysis
-
Documentation of findings
-
Recommendations to prevent recurrence
A clear, defensible understanding of what happened, and the controls needed to prevent it going forward.
Flexible Assurance Support
For many businesses, audits, lender reviews, investor requirements, and transaction due diligence can place significant pressure on financial teams.
We help businesses stay prepared by strengthening financial reporting, documentation, internal controls, and accounting processes before external scrutiny begins. Our proactive approach helps identify potential issues early, reduce unexpected findings, and make the review process more efficient and manageable.
We tailor our services to your specific requirements and timeline, providing practical financial support for audits, lender reviews, investor requests, and transaction due diligence.
What Businesses Gain
Audit Readiness for Every Business
For many businesses, audits, lender reviews, and due diligence can create significant pressure on financial teams. We help you stay prepared by strengthening financial processes, documentation, and internal controls before external scrutiny begins.
Audit Readiness Across Industries
We help businesses across different industries prepare for audits, lender reviews, investor scrutiny, and transaction due diligence. Our approach is tailored to the financial processes, reporting requirements, and risks specific to each industry.
Healthcare practices and organizations often face complex financial reporting and compliance requirements, including:
-
Revenue and reimbursement reporting
-
Payroll and staffing controls
-
Financial statement preparation
-
Compliance documentation
We help healthcare businesses strengthen financial processes and prepare for external review.
Law firms require careful financial controls and documentation around client funds and firm operations, including:
-
Trust and IOLTA accounting
-
Client fund reconciliations
-
Partner distributions
-
Financial reporting and controls
We help law firms maintain accurate records and improve audit and compliance readiness.
Technology companies often face detailed financial reviews related to growth, investors, and transactions, including:
-
Recurring revenue reporting
-
Revenue recognition
-
Investor and lender reporting
-
Financial controls and documentation
We help technology businesses maintain reliable financial information as they grow.
Consulting firms, agencies, and other service businesses often need assurance around:
-
Project and engagement profitability
-
Revenue and expense reporting
-
Cash flow and financial controls
-
Lender and transaction readiness
We help professional service businesses strengthen their financial processes and stay prepared for external scrutiny.
Every engagement begins with understanding your specific requirements and financial environment. Our structured process helps identify potential gaps, strengthen controls, and ensure your business is prepared to meet audit, compliance, lender, or investigation requirements efficiently.
Discovery: We understand the specific audit, compliance, or investigation need driving the engagement.
Assessment: We review current financial processes, controls, and documentation against what the specific requirement demands.
Strategy: We build a readiness or investigation plan scoped to the timeline and requirements involved.
Implementation: We execute the plan, control design, documentation, testing, or investigation, working closely with your team.
Ongoing Support: We help maintain the control environment and readiness posture beyond the immediate engagement.
Why Businesses Choose Litrivis CPA
Frequently Asked Questions
Everything you need to know before getting started with Litrivis.
Make Your Next Financial Decision
With Confidence
Tell us a little about your business and the financial decisions you're facing. A member of our team will be in touch to arrange a strategy call.
Get Ahead of Your Next Audit
Audits, diligence, and compliance reviews go far more smoothly for businesses that prepare in advance. Whether you're facing a required audit, strengthening internal controls, or investigating a suspected issue, preparation now prevents a far more expensive problem later.
Schedule a consultation with Litrivis CPA to discuss audit readiness and assurance services for your business.