Accounting Assessment is the process of evaluating the accuracy, efficacy, and relevance of an organization’s existing financial accounting system. This process includes analyzing its procedures and practices, assessing its compliance with applicable rules and regulations, and gauging the effectiveness of its internal controls. It also involves evaluating the functionality of the software used in the company’s financial processes to ensure that it meets the needs of the business. Taking a deeper dive into the system involves running simulations to test for accuracy and validity, as well as providing recommendations on improvements or changes needed to better facilitate long-term sustainability. Accounting Assessment gives businesses the peace of mind to plan for future expansions, grow their marketshare, or simply protect their finances from unexpected risks or pitfalls.