For insurers, preparing for the annual audit can be a resource- and time-intensive process. Between dealing with inefficient processes and poor-quality data, the finance team has to endure endless days of manually identifying transactions and journal entries, reconciling and consolidating accounts and then verifying and adjusting balances. This take a toll not only on the employee but also on the quality of financial audit
These e-book delves into the 5 core things we think if done consistently, can help improve your audit readiness and ensure a smooth and successful process including. SOPs, PBCs & KYA 🙂
