Audit Support

Comprehensive audit preparation and coordination ensuring smooth external audits with timely deliverables and documentation.

What We Deliver

Our Audit Support service provides expert coordination and preparation for external financial statement audits, SOC audits, and regulatory examinations. We prepare audit schedules, gather supporting documentation, coordinate with auditors, respond to information requests, explain accounting treatments, and facilitate audit fieldwork—ensuring efficient audits with favorable outcomes. Our audit specialists understand auditor requirements, maintain organized documentation, anticipate questions, and accelerate audit cycles while maintaining strong relationships with external auditors and minimizing disruption to finance teams. We adapt to your specific requirements, working within your existing processes and workflows to deliver excellence tailored to your business needs. Our Controls & SOX/ICFR service implements and maintains internal controls over financial reporting meeting Sarbanes-Oxley requirements for public companies and best practices for private organizations. We design control frameworks, document processes and controls, perform control testing, remediate deficiencies, and coordinate external control audits. Our compliance specialists understand COSO framework, PCAOB standards, and SEC requirements—implementing risk-based approaches balancing control effectiveness with operational efficiency while supporting management certifications and auditor opinions on ICFR.

Audit planning and preparation organizing documentation before fieldwork begins

Schedule preparation delivering standard audit schedules (PBC lists) on time

Auditor coordination managing requests, scheduling meetings, and tracking deliverables

Documentation support providing evidence supporting financial statement assertions

Issue resolution addressing auditor questions and proposed adjustments efficiently

Audit close coordination ensuring timely opinion issuance and report finalization

Control framework design based on COSO principles and industry best practices

Process documentation with narrative descriptions, flowcharts, and control matrices

Control testing executing walkthroughs, design testing, and operating effectiveness testing

Deficiency remediation addressing control gaps and implementing corrective actions

SOX compliance management supporting 404(a) management assessment and 404(b) auditor attestation

Continuous monitoring maintaining control effectiveness throughout the year

Frequently Asked Questions

How do you prepare for external audits?

We organize prior-year audit files, update schedules with current year data, prepare account reconciliations, gather supporting documentation, review accounting policies for changes, identify areas requiring judgment, and conduct pre-audit reviews—minimizing surprises during fieldwork.

What audit schedules do you prepare?

We deliver standard PBC (Prepared By Client) schedules including cash reconciliations, AR/AP aging, inventory summaries, fixed asset rolls, debt schedules, equity movements, revenue analytics, expense analysis, accruals, prepayments, and other schedules required by auditors.

How do you minimize audit disruption?

We centralize auditor requests, batch information gathering, provide complete deliverables upfront, anticipate follow-up questions, maintain organized documentation throughout the year, and assign dedicated audit liaisons—reducing ad-hoc requests and finance team interruptions.

Can you support SOC audits?

Yes. We support SOC 1 (financial reporting controls) and SOC 2 (security, availability, confidentiality) audits—preparing control matrices, gathering evidence, coordinating testing, documenting remediation, and ensuring audit readiness for service organization compliance reporting.

What if auditors propose adjustments?

We review proposed adjustments for accuracy, assess materiality, discuss rationale with auditors, consult with management, prepare adjustment entries when appropriate, document disagreements if necessary, and update processes preventing recurrence—managing audit adjustments professionally and efficiently.

What is SOX compliance?

Sarbanes-Oxley Act requires public companies to maintain effective internal controls over financial reporting (ICFR) and obtain management and auditor attestation annually. SOX compliance demonstrates reliable financial reporting and protects investors from accounting fraud.

What controls do you document and test?

We address entity-level controls (tone at top, ethics, risk assessment), process-level controls (authorization, reconciliation, segregation of duties), IT general controls (access, change management, backups), and application controls ensuring accuracy, completeness, and validity of financial data.

How do you identify key controls?

We perform risk assessment identifying significant accounts and disclosures, map processes to financial statements, identify 'what could go wrong' scenarios, design controls addressing risks, and select key controls preventing or detecting material misstatements—using risk-based scoping.

What happens if you identify control deficiencies?

We assess severity (significant deficiency vs. material weakness), document root causes, develop remediation plans, implement corrective actions, perform validation testing, and escalate to management and audit committees—ensuring timely remediation meeting regulatory requirements.

Can you help with SOX implementation?

Yes. We guide initial SOX implementations including scoping, control identification, documentation, testing approach, project management, and first-year compliance—helping companies achieve SOX compliance efficiently with sustainable control environments.