An IRS audit is certainly on the list of most stressful activities a person might endure. The good news is that you don\u0019t need to endure it at all, not in person, anyway.

Prepare for the audit planning meeting The audit covers not just the financial information, but also seeks to gain an understanding of your perspective on the business and wider risk environment.

Regardless of type, each audit report is written in the format of a formal business letter. Title and Introduction Give it a title, such as "2010 XYZ Company Independent Financial Auditor's Report." ...

A focused audit does not have to cost you anything more than time, mental energy and a collaborative attitude. Just remember that success is not immediate, and you must critique each of the silos ...

The internal audit: It’s a necessary part of conducting business that, done right, can at once assess operations, identify areas for improvement, manage risks and help maintain compliance. Now more ...

"SEI's business audit tool is a quick, clear way for financial advisors to assess key areas of their businesses. ... Shauna Mace, Head of Practice Management at SEI, said: ...