As a small business owner, you have enjoyed an up-close view of your organization. Starting entirely on your own, or with a very small number of people, you have been able to closely manage various responsibilities from business development to operations to accounting. Initially, this was simple due to the highly integrated nature of a small business.
However, as your company grows, you may wish to consider the advantages of using an external auditor. Different from an IRS auditor whose main focus is to look for errors, an external auditor is someone outside of your company who analyzes and assesses the way you run your business in order to improve it.