Audit Support for Firms
Outsource Audit Jobs with Altobooks
Hire Auditors (FT/PT)
Hire Senior Accountants
Outsource Audit Assignments
Build Your Own Audit Team
Reliable support for professional audit firms
Our Audit Associate assists customers/clients with fundamental accounting procedures, producing financial statements in a predefined format, collaborates with other auditors to ensure that the company follows acceptable accounting standards, keeps up to date on tax issues and accounting statements.
They are capable of carrying out all phases of the audit process, including financial analysis, planning, substantive testing, and opinion issuance; presenting audit findings to management; and preparing financial statements.
They also conduct audits of business operations, finances, and policy and procedure compliance. In accordance with established policies, supervise audit planning and reporting activities. Oversee the audit team to ensure quality and timely delivery. Evaluate audit staff performance and provide appropriate feedback.
Qualities of Altobooks Audit Associates
Refine your auditing efficiency with our tailor-made solutions for accounting audit services. Leave basic tax audit work to the audit associates and focus on services which can add value to your clients.
Integrity
Essence of auditing is integrity towards the audit profession.
Inquisitiveness
Be always inquiring, querying, pin-pointing, asking, doubting.
Planning
Meticulously plan every step of the audits and execute.
Patience
Someone said Audit practice is a practice of patience. Why haste?
How We Support CPA and Internal Audit Firms
Understand the Audit and the Entity
First things first. It is very important to understand the requirement of the assignment, the entity being audited and the entity’s current workings.
- Understanding of Audit, Reviews and Compilation Engagement
- Understand entity’s Financial Reports
- Understand entity’s Operations and Compliances
- Understand entity’s Policies, Procedures, by laws
Risk Assessment and Audit Plan
Before delving deeper into the audit process, it is required to identify and categorize what to look for. Based on our extensive internal audit outsourcing and audit assistance services, we help your firm for any kind of Business Auditing assignments.
Identify risk areas
- Deploy sampling methods wherever required
- Make an audit plan
- Define audit timelines in coordination with the team and clients
Checking and Reviewing
Patience and detail-orientation is key in any accounting audit service or tax audit service.
- Checking Sample documents
- Vouching based on the defined sample sets
- Checking for difference between reporting and GAAP
- Checking for omissions and errors
- Communication with Accountant, if required
Finalization of Audit
An Auditing associate is a great tax audit support for any CPA firm. Audit and Attestation services cannot be more seamless than this.
- Identifying Variations
- Finalize audit findings and recommendations
- Preparation of Audit Report
Conclusion and Post-audit work
Our audit associates are not robots. On behalf of CPA audit firms and tax audit firms, they interact with the management, accountants during and after the audit engagement work on need basis.
- Management interaction regarding audit observations
- Suggestions for possible corrective / proactive actions
- Review of internal control systems of the organization
- Record management of audit papers
Industry Exposure
Software Proficiency
Testimonials
Frequently
Asked Questions
Have questions on how this will work?
Request a free call session with us now!
No. Altobooks is not a registered auditor. Altobooks provides support services to audit firms in carrying out the audit process. Altobooks also facilitates businesses to obtain good audit services through the panel firms.
Altobooks associates assist auditors in making data analysis, data validation and verification, provide basic vouching support, draft reports etc.
No. Altobooks is not a registered auditor or an IIA firm. Altobooks associates assist auditors in making data analysis, data validation and verification, provide basic vouching support, draft reports etc.
Case Studies
We Support
