Audit Support Services

CPA firms are always bound by deadlines to complete various tasks, including accounting, catch-up or cleanup work, tax filing, and auditing. Auditors must check, verify, and authenticate all documents based on financial statements, making the process time-consuming and requiring highly qualified professionals.

ANTM CPA offers Outsourced Audit Support Services to CPA and accounting firms. Our outsourced audit support services facilitate internal, external, IRS, forensic, sales tax, and all other types of audit processes using a well-defined auditing approach. Our expert auditing services are divided into three main parts: planning, execution, and finalization, ensuring the optimization of the entire auditing process to yield the best results.

Our highly experienced audit support staff can assist in transitioning traditional Excel workbooks or electronic audit files to more reliable audit software. Audit services are essential for businesses aiming to ensure compliance with regulations, improve the accuracy of financial reporting, and enhance internal controls.

Our team of experienced auditors provides a comprehensive range of tailored audit services, from financial statement audits to internal control reviews, helping businesses identify risks, strengthen operations, and achieve their strategic objectives. With our commitment to quality and integrity, you can trust us to deliver thorough and insightful audit services that add value to your organization.

Planning

We make sure to give proper attention to the planning stage to ensure all areas and work are properly coordinated among the team members. Our team helps you with the following

Preparing the document and details requirement list to carry out the audit
Roll forward the previous year’s electronic audit file on audit software
Migration from a traditional excel audit file to an electronic file
Proper Mapping and tallying of the trial balance
Preliminary analytical review of the previous year’s audit file
Performing and documenting guidance for internal controls
Checking opening balances
Sample selection & materiality calculation
Checking books of accounts for their compliance with GAAP

Execution

For smooth execution, our expert audit team considers the following tasks

Assistance in preparing, verifying, and reviewing the working papers
Testing internal controls and obtaining audit evidence
Verifying the audit evidence and indexing them
Summarizing audit observations, Cross-referencing the documents and submitting recommendations to make the review process easier
Performing casting procedures on accounts for internal consistency, and mathematical accuracy, and agreeing on lead schedules with final accounts
Substantive testing and Risk Assessment
Assistance in circulating balance confirmations
Conducting an end-to-end audit

Finalization

At the final stage, we make sure to perform the following:

Quality review and preparation of financial statements
Independent review of audit files to ensure completeness
Preparation of management letter points,
Preparation of draft memo on auditing or accounting issues
Preparation of risk-based internal audit reports
Preparation of Accounting policy and procedure
Internal control procedure development and implementation
Preparation and review of GAAP compliance checklist
Preparing notes to maintain proper disclosures
Prepare checklists to report errors to the onshore audit team to make necessary changes to the financial statements and future accounts

Audit Support Services