Auditing Services
We provide in-depth reviews of financial statements and internal controls that provide you with significant insights and confidence about the accuracy of your financial data.
Auditing Services
Audit Services is an essential activity in any organization to determine its financial position and to analyze its functioning. Buchprufer being one of the leading audit outsourcing firms in India offers systematic and professional audit services to our clients.
Our audit professionals take extreme care to provide our clients with best quality services. Buchprufer offers audit outsourcing services in a cost-effective way which can be used by the organizations wholly or partly as per their methodologies. We give assistance in managing the entire auditing process from its beginning to the very end.
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External Audit Outsourcing
External audit is an independent examination of the financial statements of an entity to assess whether they give a true and fair view. We support auditing firms in the external audit process from planning to completion.
Planning
As an essential prerequisite for audit, planning is a vital area to ensure that appropriate attention is devoted to important areas and work is properly coordinated. Our team can support on various planning tasks, not limited to the following;
- Preparation of requirement list
- Mapping trial balance
- Preliminary analytical review
- Performing and documenting guidance for internal controls
- Opening balance verification
- Materiality calculation and sample selection.
Execution
Execution of the auditing processes is the crucial step where our audit professionals extend their dire support in
- Preparing, verifying, and reviewing the working papers
- Verifying the audit evidence and indexing
- Cross-referencing the documents to the lead sheet/ summary for easy review
- Substantive testing
- Circulating balance confirmations
- End-to-end audit
- Preparation of the financial statements as per the International Financial Reporting Standards
Finalization
Services on the final stage of the auditing process includes:
- Quality review of financial statements
- Assistance in preparing consolidation workings
- Independent review of audit files to ensure completeness in compliance with ISA
- Preparation of letter of representation (LOR)
- Preparation of management letter points,
- Preparation of draft memo on auditing or accounting issues
- Preparation and review of IFRS compliance checklist
In addition to the audit outsourcing services, we can develop standard working papers and templates for standardizing your working papers in compliance with ISA.
Auditing Services
Buchprufer’s team of experienced professionals are committed to provide precise and trustworthy auditing solutions
that are crafted to match the unique requirements of your business.
Why Buchprufer?
Buchprufer has been active in offering audit outsourcing services for over a decade now. We have highly qualified and experienced professionals (ACCA/CA/CMA/CPA) to cater to all your needs. We stay updated on the governmental and organizational policies of our clients and on technological advancements. We have expertise in the CaseWare Working Papers and CaseWare Financials.
Buchprufer takes pride in offering quality and timely delivery of our services. We assign a dedicated team of experts to look into the needs of each customer. We perform internal reviews and obtain timely feedback to ensure the quality of services provided.
Buchprufer follows the regulations issued by the International Financial Reporting Standards (IFRS) and International Standards on Auditing (ISA) and ACCA Platinum Approved Employer. We have extensive knowledge and exposure in various sectors and experience in the geographical areas of Middle East, India and Europe.
Geographical Location
USA
Canada
UAE