loader Icone
Home
Service
Audit & Assurance

Professional Audit & Assurance Services in India

Trusted offshore audit support for US CPA firms

FinFlex Tax supports the U.S CPA firms with accurate and dependable audit and assurance services, helping you manage workload peaks, ensure compliance, and deliver consistent audit quality, and all these while reducing the operational costs by up to 50%. Our India-based professionals can combine data accuracy, audit discipline, and give technology back efficiency to provide a smooth external audit support across industries and entity sizes.

Bookkeeping Accounting Models
Our Audit Service Models

Audit outsourcing models

Every CPA firm's audit workload is different than the other. FinFlex Tax offers flexible models that can match your firm, size, engagement, flow, seasonal workload, etc.

Full time auditor model (FTE)

This is a dedicated full-time remote audit team in India that will work exclusively for your firm. It is ideal for those who are looking to build a long-term offshore capacity where they will have experts to help them in their audit and assurance services. We provide consistent delivery and deeper knowledge of your audit methodology.

Part-time or half-time auditor model

This is where you get audit professionals who will be engaged for specific hours or projects. It's a cost-effective option for smaller firms or those who need periodic workloads.

Hybrid model

When you are looking for a blend of full-time auditors and flexible staff for the surge work periods, you can choose our hybrid team model. This will help you during the on-demand seasons. It scales up during the busy seasons and scales down after the post-filing; so, you can choose your experts on demand.

Engagement-based audit support vs FTE

For firms that prefer to have a pay-per-project flexibility, FinFlex Tax is one of their trusted names. We handle defined deliverables such as financial statement review, audit work, paper preparation, or substantive audit procedures.

Build Your Offshore Audit Advantage with FinFlex Taxes

Reliable offshore audit & assurance services for U.S. CPA firms. Better your audit quality, save costs, and scale your capacity with FinFlex Tax India.

Why do US firms prefer offshore audit talent?

  • You get seamless communication through secure cloud platforms so that your data security is maintained
  • There is access to experienced audit professionals at a much reduced cost
  • Get quick scalability during peak audit season
  • Have reliable year round staffing which can complement your in-house team
Know About Us

Why outsource audit work to India?

India has emerged as the preferred destination for audit outsourcing by the US CPA firms. When you trust the experts at FinFlex Taxes, you get an advantage in every step of the process.

Deep audit talent and industry expertise

Our team has CA-qualified and US-trained professionals who are skilled in GAAP and GAAS compliance support, understand the entire process of audit documentation, risk assessment, audit procedures across sectors, and much more.

Cost efficiency and quality advantage

You can save up to 50 to 60% on operational costs while delivering top tier audit standards to your clients. Our multi layer review process will ensure audit quality control and accuracy.

U.S time zone compatibility

With time zone overlap, our remote audit team in India will work ahead of your business day, which means that it will help your US audit managers to review the outputs the first thing in the next day morning.

Year-round stuffing reliability

You do not have to struggle in getting seasonal hiring.Finflex offers stable offshore staffing for both peak and non-peak seasons.

Audit work we handle at Finflex Tax

We deliver a wide range of audit services and insurance services, supporting the CPA firms through every audit stage.

  • Financial statement audit -It provides end-to-end assistance in audit, planning, testing, reporting and sampling review and compilations.We provide support in every analytical procedures, draft report preparation, and variance analysis.
  • Internal audits - You get help in process evaluation, control testing and risk management for compliance and thus get operational improvement.
  • Employee benefit plan audits - 401(k) and other benefit plan for the testing can be done as per the DOL standards
  • Government and nonprofit audit support - We provide assistance in fund accounting, compliance, audits and grants.
  • SOX Testing & Control Documentation - Internal controls, testing and risk documentation can be aligned according to the PCAOB requirements.
  • Workpaper Preparation & Audit Testing - Get complete audit workpaper preparation, review file setup and reconciliation in your preferred tools.

Our goal is to help the CPA firms deliver accurate, punctual and compliant audit reports which are backed by solid audit compliance services.

Bookkeeping Accounting Models
Testimonials

Team structure and expertise

At Finflex tax audit, quality begins with people.

  • Work with experienced, US audit trained professionals who can help you with kind communication have the right engagement protocols.
  • Work with CA/CPA qualified audit managers who are the senior reviewers to help you oversee complex engagements and also have quality control. Get dedicated relationship manager who will be a single point of contact for coordination and all progress updates.
  • Get experts who are proficient with CaseWare, CCH Engagement, AdvanceFlow and other audit software which are widely used by the US CPA firms.
  • There is continuous training and skill upgradation on GAAP, GAAS and new audit technologies.

Our blended expertise ensures that each project maintains audit, quality control and consistency from scratch to finish.

Workflow and audit process

We follow a transparent, well defined and secure workflow which ensures timely delivery and data confidentiality.

Onboarding and engagement setup

Work through and communication structure

Paperwork review checkpoints

Continuous feedback loops

Quality check and compliance adherence

Defined delivery scheduled with rapid turn around

Scalability and peak season support

Audit workloads fluctuate, but your support should not. We at Finflex Tax provides scalable solutions that adapt to your firm's need. We can expand team during busy seasons that can ramp up the manpower instantly. You can get on call and flexible hour options that can be aligned with your time zones and delivery windows. There can be temporary surge in staffing, which will also include certified auditors.

You can build sustainable offshore team for long term audit staffing.

Finflex Tax makes sure that your firm never misses a deadline with our scalable capacity and trained professionals.

Bookkeeping Accounting Models

Partner with Finflex Taxes

We don't just extend your team, we strengthen it. Our CPA firm audit services will deliver efficiency, precision and most importantly peace of mind so that you can focus on strategic growth and client relationship.

Talk to our audit outsourcing experts today and find out how often Finflex Tax can redefine your firms, audit and assurance capability with a trusted, reputed and reliable offshore excellence.

Audit & Assurance process

1

Customized Onboarding and Engagement Planning:

We start every audit by an on-boarding process in order to understand your needs and compliance. Hand-walked along with you, we design tailored audit plans that respond to your business goals and regulations.

2

Data Collection and Preparation:

We, therefore obtain also financial and transactional data with safe access and transfer. Organizing audit documents, making sure they are correct, confidential, and in compliance is the contribution of the team. This calls for setting up tailored work papers as well as lead sheets.

3

Internal Control and Compliance Evaluation:

We review your internal controls to identify risks and areas of improvement. This could include compliance testing and process validation around financial reporting, regulations, and operations.

4

Research and Testing:

Our auditors perform thorough testing and data verification to confirm financial records, spot discrepancies, and ensure accuracy. This phase includes real-time updates on open items, missing documents, and initial findings, facilitating effective collaboration and communication with your team.

5

Reporting and Review:

We write up our findings and actionable insights in our report and make the final adjustments with your contribution, in such a manner that we had concluded and presented our results to suit your needs. A permanent audit file is maintained for consistency on subsequent engagements.

Services We Offer

Services We Offer:

Financial Statement Audits

Conduct thorough examinations of financial statements to ensure accuracy and compliance with Generally Accepted Accounting Principles (GAAP) or International Financial Reporting Standards (IFRS).

Internal Audits

Evaluate and improve the effectiveness of internal controls, risk management, and governance processes to enhance operational efficiency.

Employee Benefit Audits

We audit of an employee benefit plan, such as, for example, 401(k) and health, which, in other words, says ERISA compliance.

Specialized Audits (Real Estate, Mortgage, Nonprofit, Government)

We also offer customized audits for sectors, such as HUD real estate, government, nonprofit organizations, among others. All the audits are done in ways that meet all compliance standards of the industry.

SOC (System and Organization Controls) Audits

Our SOC audit services include SOC 1, SOC 2, and SOC 3 and represent the security, availability, integrity, confidentiality, and privacy of your systems. We can provide you with comprehensive analyses with proofs to ensure support for data protection and compliance.

HOA Audits

OurHOA audits help to ensure sound financial management, compliance, and transparency and, therefore, promote trust among the stakeholders and homeowners.

Procedures Engagement

We undertake tailored procedures to answer client needs that, however, do not result in an audit opinion to provide businesses with information on a specific topic of concern.

Review Engagements

For those clients needing limited assurance on financial statements, our review would yield moderate assurance to management and stakeholders in the absence of the more comprehensive procedures of a full audit.

Financial Statements Preparation

It will prepare financial statements according to requirements, which will show explicit clarity about the financial health of the business.

Regulatory Advice Recommendations

Our team keeps your organization updated about regulatory changes, thus ensuring that audit and assurance activities are aligned with current laws.

Testimonials

What Our Clients Say

Blog

Our Latest Blog

View All

Our Certifications