Year: 2025

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Mid-Year Audit Preparation Checklist for Small Businesses 

We are just about at the halfway mark in 2025, and, like everyone else, CPA firms, both small and large, are now in a position for retrospection. Whether you have had an incredibly fruitful year till now or are looking forward to the latter half of it, it is time to review your goals and get your financial records in order. While a majority of CPA firms like to do it by conducting frequent review sessions with their in-house teams, some others prefer conducting internal audits to flag any discrepancies, tighten internal controls, and set your business up for a smooth year-end close.

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Mid-Year Financial Cleanup: Why It Matters for Growing Businesses

For the growing business, the first half of the year is all about striking a balance between securing new client wins, expanding the team, and managing increased costs. It will not be an exaggeration to say that the first half of the year is all about surviving and setting up the business for the onslaught; that is the second half of the year. But as you cross Q2, companies start to settle nicely into their growth trajectory and begin assessing their financial health. It is also the time when you come to know if your financials are supporting your growth or just papering over the crack.

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