Global Network

Audit Support & Workpaper Preparation

Remote preparation of audit workpapers and schedules from records shared digitally.

Overview

Audit and review engagements include documentation work that can be prepared from records without being on site: lead schedules, reconciliations, supporting schedules, tie-outs and documentation checks. CA Alok Kumar Acharya previously worked at PwC and Grant Thornton, in accounting, taxation, audit and financial reporting, before establishing the firm. This service covers preparation work only. The engagement team keeps the testing, conclusions and client contact.

Who this is for

Small and mid-size accounting firms

Firms that need extra preparation capacity during audit and review season.

Firms with a documentation backlog

Practices where workpapers and schedules are behind the fieldwork.

How It Works

1

Scope and templates

We agree which schedules and workpapers are needed and work to your firm's templates and file structure.

2

Agreement and access

We sign an NDA if you want one, before any access to records is given.

3

Preparation

Workpapers and schedules are prepared remotely from the records you share.

4

Review and return

Work is reviewed by a Chartered Accountant and returned for your team's review, with open items listed.

Scope of Work

  • Lead schedules and supporting schedules
  • Bank, receivable and payable reconciliations and tie-outs
  • Fixed asset and depreciation schedules
  • Documentation review and open-item lists
  • Preparation of workpapers in your firm's format

What You Get (Deliverables)

Prepared workpapers and schedules in your template
A list of open items and information requests
Tie-outs to the trial balance or financial statements

Key Benefits / Why Choose Us

Works in your format

Preparation follows your firm's templates and file structure.

Your team keeps the judgement

Testing, conclusions and client-facing work stay with your engagement team.

Frequently Asked Questions

Q.Do you perform on-site testing or sign off on audits?

A. No. This covers documentation and preparation work done remotely. It does not include on-site testing, client-facing work or issuing opinions.

Q.Do you hold US CPA credentials?

A. No. Work is reviewed by a Chartered Accountant (ICAI). It is prepared for your team to review and does not replace a US licensed professional's sign-off.

Q.How are records shared?

A. Digitally. We sign an NDA first if you want one.

Ready to get started?

Contact the firm to discuss Audit Support & Workpaper Preparation.

Contact the Firm

Enquire about Audit Support & Workpaper Preparation.

Alok K Acharya & Associates, Chartered Accountants

US, UK and Australia