Review the company’s financial statements and collateral

• Accounts Receivables
• Inventory
• Payables
• Operating / Lock Box Accounts
• Financial Reporting
• Insurance
• Cash
• Taxes

Confirm Reliability of Interim Financial Statements

Financial Statements are “taken as a whole”, meaning that positions are approximately correct and not materially wrong.

95% accuracy is not good enough to monitor or lend on collateral. We dig for all the details to ensure you get a truly accurate picture. 

Audit Scope Tailored to Lender’s Concerns

Each borrower is different. We work with lenders to tailor the audit to look for imprecisions in specific areas.

For example: Does the borrower have Discounts and Allowances? If so, how are they processed against Accounts Receivable and when? How much dilution does this create and when will that information be reported to the lender? Looking solely at net revenues on a CPA audit does not provide this clarity.