Over the years, the concept of ‘Outsource’ has changed to ‘Rightsource’. For us, the term signifies that there is absolutely no outsourcing of work; instead, it is more like you have a staff person working with you – trained on your systems and procedures, available full time for your firm. This way, the in-house staff can be assigned with other duties directed towards the growth of the company, and you can ‘Rightsource’ their work to us. You can even take up additional work with your existing team and employ staff in India. This offers excellent cost-efficiency as well as a round-the-clock working team.
We are capable of mirroring your team’s work, so whether it is an auditor, tax professional, or accountant, we work precisely the way your team does.
Audit Offshoring generally means a way to find resources that are equally qualified and experienced outside your territory to help support the ongoing audit engagement for your audit clients. Hence, Engagement teams situated in On-site/Onshore/Client locations can acquire and utilize some of the other qualified resources across the world and offshore or offload some of the audit procedures to assist their current Audit engagements.
Audits under US GAAP, IFRS, UK GAAP
We assist our clients on several engagements and procedures from an end-to-end audit perspective. Our reliable and experienced team caters to works on all Audits under US GAAP – Governmental and Non-governmental (Private, Public, Not for Profit), IFRS, UK GAAP from their planning stage to execution to reporting stages.
Planning and Risk Assessment Sections
Working over planning & risk assessment sectionscovering filling out Engagement Letters, Planning documents & memos, risk assessment memos, preparing planning & final analytics, materiality calculations etc.
Reporting Sections
Assistance in finalizing reporting sectionswith helping in FS tie-outs, Disclosure checklists, preparing and auditing financial statements, preparing Rep Letters, Reporting Pack tie-outs, reporting tie-outs of CAFRs etc.
Execution Sections
Assistance in Substantive Audit Procedures and Tests of Detailsfor appropriate significant accounts such as Cash, PPE, Expenses, Revenue, Equity, Debt, Payables etc.
Audit and Audit Support Services
Audit Support Services – AUSTRALIA
(+91) 8899004668
4th Floor, Batoo Square, Khayam Chowk, Srinagar-J&K- 190001