PBC Best Practice Checklist

Utilize FloQast Ops to centrally manage the PBC process by preparing and reviewing schedules before providing audit support to the auditors. Teams can use our PBC Best Practice Checklist as a great starting point or request the PBC listing from the audit team and upload it into Ops as a workflow. Results of using Ops to manage the PBC process include:

• Streamline preparedness for PBC requests in future periods by referencing prior period schedules
• Eliminate back-and-forth emails or inefficient status meetings by using our best-in-class dashboards to manage by exception
• Monitor the status of deadlines by items and team members
• Equip auditors with timely support to efficiently complete audit engagements leading to decreased audit fees