RESPONDING TO AUDITOR REQUESTS FOR FINANCIAL DOCUMENTS ✅ BUSINESS ✅ SERVICES

Stage 1. Audit Request Analysis

Lawyer's Actions:

Receiving and systematizing all auditor requests (PBC list, request letters).
Reviewing scope, wording and relevance of requests to legal matters.
Identifying sensitive information requiring legal protection (NDA, attorney-client privilege).

Stage 2. Preparation of Responses and Supporting Documentation

Lawyer's Actions:

Drafting legally verified responses to auditor inquiries.
Preparing cover letters including liability limitations and disclaimers (disclaimer letters).
Verifying financial document compliance with regulations (e.g., GAAP, SEC, IRS requirements).

Stage 3. Legal Oversight of Document Transfer

Lawyer's Actions:

Ensuring confidentiality throughout the document transfer process
Coordinating with accounting, auditors, in-house counsel, and management
Participating in meetings or online conferences with auditors when required

Let us know what you did not like, we are working on improving our service every day!

Legal Support for Responding to Auditor Requests Regarding Financial Documentation in the US

Company audits in the US are complex and responsible processes, especially when it comes to official requests for financial documents. Untimely or inaccurate responses may lead to financial penalties, loss of investor confidence, or even lawsuits. Our legal service for preparing responses to auditor requests ensures compliance with all requirements while protecting your company's interests.

What's Included in the Audit Response Service

Comprehensive legal assistance covers:

Analysis of auditor requests (audit request list, PBC list).
Assessment of relevance and completeness of requested financial documents (bank statements, balance sheets, general ledger etc.).
Determining appropriate document disclosure scope without compromising trade secrets.
Legal review of documents for compliance with regulatory requirements (GAAP, SOX, SEC).
Preparation of official responses and cover letters.
Consultations regarding company liability, officer responsibilities, and risk disclosures.
Coordination with finance team and auditors to prevent misunderstandings.

Why Legal Counsel is Essential During Audits

Legal support isn't just formality - it's necessary protection for company rights and reputation. Key benefits:

Avoiding mistakes when disclosing confidential information.
Legal precision in response wording that may have legal consequences.
Controlled disclosure - preventing excessive openness from harming business.
Company interest protection in case of future disputes or regulatory reviews.

Lawyer's Role During Audit Process

The lawyer serves as mediator between company and auditor. They:

Analyze requests for legitimacy and justification.
Determine mandatory vs. optional document disclosure.
Prepare communications in legally correct form.
Provide strategic advice regarding potential risks and client interest protection.
Negotiate with auditors when requests exceed reasonable scope or threaten confidentiality.

Service Terms

Service is provided when:

Your company undergoes financial audit (internal or external).
There are written or verbal auditor requests for documentation.
Preparing for due diligence or planning IPO, merger, or business sale.
There's risk of misunderstanding regarding financial data scope/content.

Service can be provided separately or as part of comprehensive audit legal support.

Legal support during audit response process ensures your company undergoes inspection confidently, in full compliance with legal norms and without unnecessary risks.