Asset Based Lending Audit Services
Asset Based Lending Audit Services

The following records will be needed for the audit:

1. Factor aging as of the audit date

 

2. House / non-factored aging as of the audit date

3. Factor statements for the last 12 months 

 

4. Summary A/P aging as of the audit date and as of the latest financial statement

 

5. Certificate of insurance covering personal property, liability & workers comp   with the factor named as loss payee

6. Inventory breakdown as of the latest financial statement, if applicable

 

7. Copy of the latest financial statement & trial balance, as well as latest FYE

 

8. Federal (941's) & State (DE 6 & 7) payroll tax returns for the last 4 quarters plus payments made since the last quarter end

 

9. Sales tax returns for the last 4 quarters, if applicable

 

10. Copy of the last 3 bank statements and reconciliations

 

11. Check register for the last 3 months

 

12. Name & phone number of corporate attorney

 

13. Name & phone number of CPA

 

 

 

 

 

 

Please give me a call at 818.7303926 or send me an e-mail to roy@ablaudits.com  if you have any questions.

Contact Us Today!

Collateral audits for

commercial lenders

 

Roy Sanchez - President                                                         

Direct: 818.730.3926                                                                              Fax:    

818.366.3424

 

Email:

roy@ablaudits.com

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