External audits can be a complex and resource-draining process for any company. Let Expertise Accelerated’s offshore team take on some of the workload—from preparing account reconciliations to compliance checks—so your team can focus on core business activities.
Our experienced professionals ensure a streamlined, efficient audit process minimizing disruptions. Let us help you to make your external audit smooth and stress-free.
External audit remains a major regulatory requirement for most organizations even today and consumes significant financial and human resources to conclude successfully.
Even though this process is crucial, many organizations find it painstaking for reasons such as interruption in day-to-day operations, limited capacity to organize data for audit purposes and inability to commit extra human and financial resources to the auditing process, among others.
Such companies have found remote external audit support services as the solution – relieving them of all the challenges associated with this process.
External audit is an important event in the life of an entity as the external audit report is a key instrument in the hands of the shareholders and stakeholders by which they assess the entity’s performance and determine the extent to which they should repose trust in it.
External audit, however, requires the entity’s accounting & finance staff to work laboriously to organize financial records and prepare reports and schedules and this is where Expertise Accelerated’s (EA) Audit Support Services kick in.
Leverage Expertise Accelerated’s global talent pool to employ professionals who will lend you end-to-end support for a successful conclusion of the external audit.
With our outsourced accounting services, tailored for diverse industries, we ensure your financial records are maintained to the highest standard.
EA's deep understanding of the challenges these industries face ensures hassle-free bookkeeping and significant payroll savings.
Our US management team has 25+ years of US Consumer Packaged Goods experience, 10+ years at C-suite levels thus ensuring industry expertise in the competitive market.
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As a manufacturing-focused accounting firm, our tailored solutions ensure accurate transaction processing and timely reporting for informed decision-making.
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Shopify, eBay, and Walmart each have unique complexities. We provide effective accounting to track sales, manage expenses, and ensure timely reporting.
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Our accounting specialists can assist clients with inventory and wearhouse mangement and logistics services.
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EA’s property management bookkeeping services ensure accurate financial records and process efficiency.
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Deciding to outsource external audit support to facilitate the external audit within the entity is a critical decision for any business. External Audit Support essentially entails providing manhours and/or expertise to organize financial records and prepare financial schedules so that the external auditors can efficiently conduct their procedures and conclude the audit timely and cost-effectively.
External Audit Outsourcing does not mean that an entity will outsource its external audit to EA; rather, it refers to the recruitment of external support for facilitating the external audit within the entity. Thus, External Audit Support essentially entails providing manhours and/or expertise to organize financial records and prepare financial schedules so that the external auditors can efficiently conduct their procedures and conclude the audit timely and cost-effectively.
For EA, External Audit Service has the same meaning as External Audit Support.
An external audit is conducted to establish the truthfulness and fairness of the financial statements of an organization.
External audits entail an examination of the financial records of an organization with the examination being done through test of controls and substantive testing. In the United States, an independent CPA or a firm of CPAs is entitled to perform an external audit.
External Audit Support involves providing the necessary man-hours or expertise to prepare financial statements, organize records, and create financial schedules. This allows external auditors to focus on their core procedures, making the audit process more efficient and helping to meet deadlines.
Outsourcing external audit services can bring several benefits, including:
No, the external auditor still performs their primary role of reviewing and validating the financial records. EA’s External Audit Support simply aids in preparing the records and organizing the necessary information, making the auditors’ job easier and more efficient.
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Address: 500 W Putnam Ave Ste 400, Greenwich, CT 06830
Contact: +1 (203) 542-7277
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