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AUDIT SUPPORT SERVICES

Expand the capacity
of your audit firm

Grow your client base without overworking your people. Increase your firm’s capacity without overspending. Make it happen by outsourcing audit support services.

Explore our services

Introducing our cost-effective outsourced audit support services for audit firms that need additional expertise on board.

With our working knowledge of GAAS, PCAOB, GAAP, and IFRS, we can work as the extension of your audit firm, especially during the busy season.

Our auditors are experienced professionals from diverse industries. They can assist in conducting an independent examination of your client’s financial statements. Depending on your location, they can also do fieldwork to ease the burdens of your in-house auditors. Through this added support, you can accommodate more clients and meet deadlines without overworking your staff.

Start with a small core team of audit professionals and scale up as needed.

Our Audit Support Services

We provide end-to-end audit support solutions covering these 3 audit
phases — Planning, Execution, and Conclusion.

PLANNING

  • Preliminary Engagement Activities
  • Preliminary Analytics Procedures
  • Risk Assessment Procedures
  • Materiality Calculation
  • Development of Audit Strategy
  • Going Concern Assessment
  • Completion Checklist

EXECUTION

  • Understanding the Process and Walkthroughs
  • Test of Controls
  • Journal Entry Testing including opening balances
  • Related party transaction documentation
  • Review of board minutes
  • Primary substantive procedures
  • Test of details
  • Substantive analytical procedures

CONCLUSION

  • Final analytical procedures
  • Review of financial statements
  • Preparation of audit closing meeting
    materials
  • Preparation of management letter
    comments
  • Accomplish disclosure checklist and
    routing slip

OTHER SERVICES

  • Review
  • Compilation
  • Agreed upon procedures

OUR PEOPLE’S PROFILE

To guarantee a smooth audit support outsourcing engagement, we will match you with our talents who have the skills, knowledge, and job level you’re looking for.

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Senior Manager

  • Audit experience: At least 2 years of experience as an auditor in a Big 4 firm
  • General accounting experience: More than 5 years
  • Expertise: Well-versed in US GAAP, IFRS, and GAAS
  • Responsibility: Management of the account

Level 3 Audit Professional

  • General accounting experience: More than 3 years of experience working in a Big 4 firm
  • Expertise: Peer reviews and the capacity to monitor various projects simultaneously
  • Responsibilities: Allocation of accounts, planning, materiality calculation, checklist, and review of FS

Level 2 Audit Professional

  • General accounting experience: 1 to 2 years of experience working in a Big 4 firm
  • Responsibilities: Testing procedures, working paper preparation, and FS preparation

Level 1 Audit Professional

  • General accounting experience: Fresh graduates of 4-year finance and accounting degrees

OUR AUDIT TOOLS

Proponents of finance transformation

Our audit teams maximize the use of various applications and tools to deliver better service to our clients. Some of our commonly used tools are the following:

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Caseware Logo

For generating financial statements and documenting workpapers

ProSystem fx Tax logo

for managing workpapers, trial balances, and workflow

IDEA logo

for journal-entry testing and report generation

Deltek Maconomy Retain Logo

for billing, scheduling, and time reporting

Aside from these tools, we also use other audit management systems on our client’s requests.

INSIGHTS

Learn more about our professional services and what we can do for you through these whitepapers, all ready and free to download.

DV_Website_Revamp_Cards_Banner_Tridant Case Study
Case study

Tridant
DV_Website_Revamp_Cards_Banner_Maxum Case Study
Case study

Maxum foods
CONTACT US

INTERESTED IN KNOWING MORE? LET’S TALK.

We’re excited to know how we can help you. If you’ve got any questions about our services, hit any of the buttons below.

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