Just the mention of the word "audit" is chilling. From our perspective, an audit is an essential tool for the quantitative assessment of any business. The objective of the audits we perform is to fairly present the financial statements, assets, and other pertinent information of the entity. It is the principle means to determine a businesses worth.
An audit need not be painful. Rather, it can be an eye opening exercise and a first step to new growth.
From the owner & operator's perspective an audit is a tool to independently determine the value of physical and monetary assets, as well as cash flow, quality of asset management, etc. An audit can offer insights into business processes that allow business owners to make informed decisions.