Audit Support for Firms

You can Outsource entire audit and attest assignments and procedures to Altobooks Audit Team. Our Audit team is capable of handling simple and complex audit requests for different entities and businesses, while you can focus on other work and at the end review and finalize the audit report. The audit team at Altobooks is capable of handling following kinds of audit and assurance assignments.

• Audits of Private Companies
• Audits of Non-profits
• Compilation Assignments
• Review Assignments
• Internal Audit
• Alignment with IFRS, GAAP
• Contract Compliance

While some firms choose to outsource an entire audit assignment to the offshore team at Altobooks, few firms choose to outsource a part of audit work of certain or all audit assignments they have. Our team is capable of supporting you in various tasks at various stages of audits like:

• Checking GAAP compliances
• Checking policies and procedures
• Checking for compliances with applicable laws
• Checking for compliance with contract clauses for vendors, franchises, contractors etc.
• Sampling and Substantive Testing
• Vouching and Verification
• Preparing work papers
• Checking for omissions and errors
• Coordination with Accountant, Management, Onshore Team
• Record management of audit papers
• Preparing draft audit report

You can choose to hire a full-time or part-time audit associates for your firm. Most firms, choose to try one or two audit assignments first and then they try to scale up afterwards with a full-time or part-time or seasonal hire from Altobooks. Altobooks Offshore Auditors will work only for your firm like your own employee. You can hire following team members from Altobooks.

• Audit Associate (Private Company Audits)
• Audit Associates (Non-profits)
• Junior Audit Associate (Vouching, Verification, Document Management)
• Senior Auditor (Financial)
• Senior Auditor (Internal Audits)
• Auditor (Contract Compliance)

Many times, your audit practice requires senior accountants and not exactly auditors. Many firms end up recruiting wrong talent. It is important to understand that most of private company audits, financial audits and procedures requires a helping hand of a senior accountant and you just need to review the work at the end and then finalize the report. Altobooks accountants can help you in following tasks:

• Checking GAAP compliances
• Review assignments
• Compilation Assignments
• Data analysis
• Alignment of GAAP and IFRS
• Preparation of basic work papers and findings

Yes, you can build your own full-time or fractional audit team offshore. With Altobooks, you can build your audit capacity for servicing your clients. You can choose to hire a combination of resources on full-time or part-time basis and pay a blended hourly rate.

• Hire an Audit Associate and a Senior Auditor
• Hire an Audit Associate (private companies) and an Audit Associate (Non-profits)
• Hire a Senior Accountant and a Senior Auditor
• Customized combination of your talent on fractional basis