Accounting & Bookkeeping

External Audit Support Services.

Facing difficulties with quarterly or annual audit preparation? Timely submission of audit schedules is crucial to avoid higher audit fees. WA’s external audit support services ensure prompt preparation of audit schedules, allowing your resources to concentrate on essential business matters.

Make Your External Audit Process Smooth With WA’s Audit Management Support.

How Can We Help?

Financial Accuracy:

  • We meticulously assess the integrity of the accounting and finance records, prepare audit-related schedules, perform reconciliations, and ensure recording and classification of financial transactions as per the applicable financial reporting framework.

Efficient Resource Allocation:

  • Outsourcing redundant audit-related tasks to WA saves your Finance and Management teams time and resources and brings to your table specialized skills and expertise.

Financial Controls:

  • We provide actionable recommendations to mitigate risks and strengthen your internal financial controls.

We Work With a Range of ERPs and Accounting Software.

External Audit Support

External audit support is a form of support service in which a service provider, who is also a subject matter expert, assists an organization during an assurance engagement, which could be operational, financial, or compliance in nature.

Some common assurance engagements:

  • Financial Statements Audit
  • Review Engagements
  • Not-For-Profit Audits
  • Internal Control Audits
  • Agreed Upon Procedures
  • Compliance Audits
  • Compilations
  • WA has resources in the form of trained professionals and expertise with which it can help organizations navigate through assurance engagements with relative ease.

Trusted by fast-growing US companies.

Frequently Asked Questions (FAQs)

Statutes and laws in different geographical and corporate jurisdictions require certain companies, public and listed companies in particular, to have their financial statements audited by an independent accountant. Although this means that not every company is required to undergo an external audit, yet every organization, regardless of size or industry, can benefit from an external audit. External audits involve meticulously examining accounting records and providing an assurance whether the audited financial statements are free from material misstatements and, hence, present a true fair view of the company’s financial affairs.

External audits are beneficial for various entities, including (but not limited to):

  1. Publicly traded companies complying with regulatory requirements.
  2. Private companies seeking funding, mergers, or acquisitions.
  3. Non-profit organizations ensuring transparency and accountability.
  4. Government entities upholding financial integrity.
  5. Financial institutions assessing risk and compliance.
  6. Startups establishing credibility with investors.
  7. Any organization prioritizing accurate financial reporting and risk management.

The best audit firm is distinguished by its expertise, experience, track record, client satisfaction, and industry recognition.

When looking for any one of the best audit firms, it is wise to select a firm with a strong reputation, relevant industry experience, a skilled team, a comprehensive range of services, and positive client testimonials.

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