Field Exams

We redesigned the working process to make it more efficient in the first phase by identifying issues upfront. This approach allows us to focus additional work only on clients where it is necessary.

We conducted accounts receivable reconciliation against financial statements and the borrowing base certificate. We performed a dilution analysis, identifying potential customer concentration risks, and carried out a high-level assessment of receivable dilution and turnover days over the trailing twelve months.

We reconciled deposits from lockbox account bank statements with collected accounts receivable, analyzed the overall cash management process, and provided commentary on variances.