How to Get Value from Your Audit Relationship

Do you feel like the annual financial statement audit for your health care organization is a costly exercise that adds little or no value to the performance of your organization? If you do, you may be in need of audit process improvements. This article is designed to help ensure the dollars you spend with your audit firm both add value and ultimately make your organization better. To do so, we are going to “debunk” several commonly held misconceptions about audits and auditors.

Continue reading to learn about nine misconceptions regarding audits and auditors. See if you've come across any of these in your role.