Internal Audit & Compliance Reviews
Internal audit helps management understand whether key financial and operational processes are working as intended. JBD Consulting LLC can evaluate processes, identify control gaps, test selected transactions and develop practical recommendations for improvement.
- Risk-based internal audit planning
- Process walkthroughs and documentation
- Control design and operating-effectiveness testing
- Transaction testing and sample review
- Compliance reviews against policies, contracts or regulatory requirements
- Root-cause analysis and recommendation development
- Management action-plan tracking and follow-up
Audit Readiness
Audit readiness reduces disruption and improves the quality of information provided to external reviewers. We help clients organize support, reconcile balances, document processes, resolve known issues and prepare schedules before the audit begins.
- Prepared-by-client (PBC) schedule development
- Account reconciliation and supporting schedules
- Roll-forward and tie-out procedures
- Document and workpaper organization
- Process narratives and flowcharts
- Population completeness and data-quality checks
- Pre-audit control and documentation reviews
- Coordination of audit requests and issue tracking
Findings, Remediation & Corrective Actions
- Analyze findings and determine the underlying root cause
- Design corrective action plans with measurable milestones
- Prepare supporting evidence for closure
- Retest remediated controls or processes
- Track open items and management responses
- Support validation of corrective actions
Important Attest-Service Note
JBD Consulting LLC provides non-attest internal audit, audit readiness and compliance support. Independent financial-statement audits, reviews and compilations are performed only where JBD is licensed and authorized for the specific engagement.
Start With a Clear Conversation
Prepare before the auditor asks.
Strong reconciliations, organized evidence and clear process documentation can reduce audit disruption and accelerate issue resolution.