According to Accounting Web, human error is the leading cause of accounting mistakes. Particularly in small businesses, employees managing the accounting activities, aren’t necessarily trained as accountants. This creates data entry errors, excel formula errors, overwriting system calculated values, etc.
27.5 percent to be exact—reported that incorrect data had been manually input into an enterprise system at their firms.
Nobody’s perfect, and mistakes happen. Audits can help verify and confirm the accuracy of your books and the suitability of the personnel executing those functions. Audits can be uncomfortable, we handle them expediently and discretely to get the answers you need.