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Preparing for a First-Time Communications Industry Audit
July 14, 2025 @ 12:00 pm – 1:00 pm EDT
Being audited for the first time can be difficult and time-consuming. Companies and organizations in the communications industry that haven’t had experience with audits can run into many first-time challenges. In this webinar, our team will discuss potential roadblocks, what goes into an audit, how to prepare for a smooth process, and how to navigate the results of an audit. Topics will include internal controls, lease standards, revenue recognition standards, accounting for grants, materials and supplies, plant under construction versus plant in service, expensing versus capitalizing, and more.
Learning Objectives
Upon completion of this program, participants will be able to:
Identify various elements that go into an audit.
Discuss what it means to have an audit.
Recognize aspects that can be challenging for a first-time audit.
