Professional services
23
2
A 30-person consultancy, three year-ends (demo).
Client
Marlow & Pike
Firm size
30 people
Engagement
3 years
Year
2023 to 2025

1
The problem
Every audit ended with a long list of adjustments, a late sign-off and a bigger fee than planned.
2
What we did
We reconciled stock and accruals every month instead of once a year.
We prepared the audit file before the auditors arrived, with every balance supported.
We reviewed the year-end numbers with the owners two weeks before the audit started.
3
What changed
The last audit proposed two adjustments. It was signed off three weeks earlier than the year before.
“The audit used to be the worst month of our year. Now it is a week.”
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