Finance
External Audit Response
External audit response workflow: scope confirmation, PBC list handling, walkthrough meetings, substantive testing support, inquiries, remediation planning, and management letter handling.
14steps
14connections
Process steps
1
Audit Team Assembled
CFO · Internal email
2
Audit Scope Confirmed
External Auditor + Controller · Zoom + Auditboard
3
PBC List Received
Controller · Auditboard
4
Documents Collected and Indexed
Accounting · Auditboard + Dropbox
5
Walkthrough Meetings Conducted
Accounting + Auditors · Zoom
6
Substantive Testing Support
Accounting · Auditboard
7
Auditor Inquiries Answered
Accounting + CFO · Auditboard
8
Remediation Plan Drafted
CFO + Accounting · Notion
9
Management Letter Reviewed
CFO + Audit Committee · Boardvantage
10
Audit Report Issued
External Auditor · Auditboard
11
Audit Adjustments Booked
Accounting · NetSuite
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