Audit Support Services

Audit support services refer to the assistance provided by professional firms or individuals to support the audit process. Audit support services can be a valuable resource for businesses and organizations, as they can help to ensure that the audit process is efficient, accurate, and compliant with all relevant laws and regulations. These services can also help to identify potential risks and areas for improvement, and can provide valuable insights and guidance to management on how to address these issues.

Our team has relevant experience in handling audits of large organisations. Our team can assist the client in completing audits in a time-bound manner with no pain to the internal finance and accounts team. Our services include: Review of Trial balance, perform ledger scrutiny and identify key issues/potential showstoppers during the audit. We shall help the management to resolve the key issues and preparation of updated trial balance.

• Prepare the full-fledged draft financial statements for audit.
• Review of internal controls: Evaluating a company's internal controls to ensure that they are adequate and functioning properly.
• Test of transactions: Examining a sample of transactions to ensure that they are accurate and in compliance with accounting standards.
• Documentation review: Reviewing and evaluating the accuracy and completeness of documentation used to support financial statements.
• Compliance testing: Testing to ensure compliance with laws, regulations, and industry standards.
• Follow-up and remediation: Assisting in the follow-up of any issues identified during the audit, and providing guidance on how to address and correct them.
• Prepare the required audit schedules based on the requirement list from the auditor.