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insights from the embarker blog

11 Tips To Ensure A Smooth Financial Audit

Blake Brunson . May 21, 2019

Audits are challenging enough without shooting yourself in the foot and exasperating those challenges. And as good as we are here at Embark with our kernels of wisdom and experience-driven guidance, we can’t prevent shivers from running down your...

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Tagged: auditors, financial audit

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PCAOB Released A Draft Of Their 5-Year Strategic Plan

Clancy Fossum . November 27, 2018

Your friends at Embark understand that time is of the essence. Even something as important as the hot-off-the-presses Strategic Plan from the Public Company Accounting Oversight Board (PCAOB) might have a tough time fitting into your stuffed...

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Tagged: auditors

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Audit Debrief: How to Improve For Next Year's Audit

Clancy Fossum . May 03, 2018

Accountants, believe it or not, can learn a lot from nature. Just look at the seasons of the year, how the frigid days of winter give way to new sprigs of grass, leaves on an oak, and bluebonnets dotting the Texan landscapes. Likewise, when a...

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Tagged: auditors, financial audit, audit partner

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Making the Auditor's Jobs Easier and Limiting Audit Fees

James Durrenberger . February 15, 2018

All you have to do is turn on the TV for a few minutes to see some fine examples of the benefits of symbiotic relationships. Although it might have tampered the dizzying drama between the two, Tom and Jerry were always able to accomplish more...

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Tagged: auditors, financial audit, audit partner

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5 Signs Your Client Has Poor Control Environments

Clancy Fossum . January 16, 2018

Any fan of horror movies knows that when the lights start to flicker in a secluded cabin on a lake, it's never due to the local utility company dealing with an easily fixable electrical glitch. Instead, there is either a supernatural demon at...

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Tagged: internal audit, auditors, audit partner, controls

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How to Prepare for a Successful Financial Audit

Clancy Fossum . January 11, 2018

Audits get a bad rap. Too often, they conjure images of demon-eyed accountants dressed in conservative business casual attire, mischievous grins filling their smug faces as they prepare to wreak financial havoc. Yes, in a perfect world, auditors...

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Tagged: auditors, financial audit

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Rescuing a CFO and Giving Auditors Peace of Mind

Clancy Fossum . December 13, 2017

As you, our accounting brethren, already know, our industry is much more than numbers on a spreadsheet and endless regulation. In fact, in what has become a bit of a mantra in these parts, accountants are people too, including the stress-induced...

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Tagged: consulting, acquisition, auditors, private equity firm

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