It’s the Fourth Quarter and the Clock is Ticking.

It sounds like a prelude to a story about the upcoming NBA season doesn’t it?  This headline, however refers to the beginning of the fourth quarter of 2017.  What does it mean to you?  If you are a business owner it means a great deal because it is time to prepare for a potential year-end audit.  Yikes!!!

Here are some steps to follow –

1.  Put a to-do list together NOW.

2.  Gather all of your correct bank information.

3.  Make sure that your trial balance and your accountants match up.

4.  Ask auditors for a list of “test” questions that may help you in the preparation process.

It is essential that you do not undertake this process alone.  Unless you are a licensed CPA you need a professional who has guided business owners through hundreds of audits.  Your answer may well be Las Vegas CPA Mike Mathews.  His knowledge is vital at a time like this and you will enjoy meeting with him at his Regatta Drive location in the Northwest.  Don’t wait until the last minute.  Call Mike Mathews today at (702) 240-5237.