The Audit Readiness Assessment
See exactly where your finances stand.
A fixed-fee, scored look at how your finance operations are really running, from the monthly close and restricted funds to grants, reporting, and controls. You’ll see what’s solid, what’s exposed, and exactly what to fix first, in plain language.
What it looks at
71 checkpoints across 13 audit areas.
These are the same areas your auditor examines, and they’re also the areas that decide whether your board, your funders, and your own team can rely on the numbers. Each checkpoint is weighted by how much it matters and scored on what’s documented, not on what’s described.
| Audit area | Readiness | Rating |
|---|---|---|
| A. Governance & Oversight | 88% | Audit-ready |
| B. Policies & Documentation | 68% | Gaps to close |
| C. Close Process & General Ledger | 62% | Significant remediation |
| D. Cash & Investments | 91% | Audit-ready |
| E. Revenue: Contributions & Grants | 71% | Gaps to close |
| F. Net Assets & Restrictions | 38% | Significant remediation |
| G. Expenses & Functional Allocation | 66% | Gaps to close |
| H. Payroll & Employment Compliance | 90% | Audit-ready |
| I. Federal Awards & Grant Compliance | 45% | Significant remediation |
| J. Assets & Liabilities | 79% | Gaps to close |
| K. Financial Reporting | 70% | Gaps to close |
| L. Internal Controls & IT | 74% | Gaps to close |
| M. Audit Logistics & Request Readiness | 55% | Significant remediation |
Audit-ready 85% and up. Operating consistently, with the documentation to show it.
Gaps to close 65–84%. In place but incomplete or inconsistent, and fixable before the audit.
Significant remediation Under 65%. The likeliest source of delays, adjustments, or findings.
What you get
A plan you can act on, not a PDF to file away.
A scored diagnostic
Every area scored, so you can see exactly where you stand and where the risk sits.
A findings report for your board
A one-page scorecard a non-financial board member can read in minutes, with a written finding and recommended fix behind every gap.
A 30/60/90-day roadmap
What to fix first, who owns each step, and how much effort it takes.
A 90-minute debrief
We walk through it together with your ED and finance lead. Board members are welcome.
Help fixing it, if you want it
Hands-on help with the roadmap at a stated hourly rate, with a written estimate before any work begins.
It’s yours either way
The roadmap works whether your team takes it from there or we keep going together.
How it runs
Done in weeks, around your team’s real availability.
Diagnostic call
Free, 30 minutes. We talk through how things are running and what’s coming.
Engagement letter
One fixed fee in writing, plus a short document request list.
Review and conversations
We work through your documents and talk with your finance staff.
Findings and roadmap
The scored report and the 30/60/90-day plan.
Debrief
90 minutes together. You leave knowing the plan.
What we’ll ask for
- Your most recent audit report and management letter
- A current trial balance
- Key reconciliations
- How you track restricted funds
- Grant agreements and files
Facing your first audit, or a big change?
A first audit, a new ED, a finance departure, or a fast-growing grant portfolio are all good moments for an Assessment. It’s the quickest way to learn where you’ll have trouble, while there’s still time to fix it.
The next step
Start with a 30-minute conversation.
We’ll talk through where things stand, and you’ll know whether the Assessment is the right next step.
