Internal & External Audit Support Services
📌 What is Audit Support?
Audit support refers to the professional assistance provided to businesses during internal and external audit processes. It involves preparing accurate documentation, coordinating with auditors, reconciling accounts, and ensuring compliance with statutory, regulatory, and industry-specific requirements.
For both internal audits (process reviews, internal controls, risk management) and external audits (statutory, tax, compliance, and regulatory audits), having expert support reduces errors, enhances transparency, and ensures smoother audit completion.
📌 Why Do Businesses Need Audit Support?
- Time & Cost Savings – Avoid delays and extra costs due to missing or inaccurate records.
- Error-Free Audit – Ensure that reconciliations, ledgers, and supporting documents are accurate.
- Compliance Assurance – Stay aligned with Local GAAP, IND-AS, IFRS, and US GAAP reporting standards.
- Risk Reduction – Identify gaps in internal controls and strengthen compliance processes.
- Seamless Auditor Coordination – Reduce management burden by letting professionals manage auditor queries.
- Confidence for Stakeholders – Transparent and accurate reporting enhances trust with investors, regulators, and boards.
📌 Comprehensive Audit Support Services We Offer
✅ Internal Audit Support
- Assistance in internal audit planning and execution
- Review of internal controls, risk assessment, and compliance frameworks
- Process documentation, testing, and gap analysis
- Support in preparing corrective action plans and follow-up compliance checks
✅ External Audit Support
- Preparation of statutory audit schedules (balance sheet, P&L, cash flow)
- Coordination with external auditors for statutory, tax, and compliance audits
- Preparation and validation of supporting documentation
- Reconciliations (bank, vendor, customer, intercompany, payroll, and tax)
- Drafting financial disclosures as per IFRS, US GAAP, IND-AS, and Local GAAP
✅ Ongoing Audit Assistance
- Audit-ready books throughout the year
- Pre-audit reviews and mock audit checks
- Handling auditor queries and providing clarifications
- Post-audit compliance and rectification support
📌 Technology We Use
Our audit support professionals are experienced across all major accounting and ERP tools, ensuring smooth data extraction, reconciliations, and reporting. Whether your systems are based in India, Europe, APAC, or AMER, we integrate seamlessly with your workflows.
📌 Benefits of Partnering With Us
- Expert support for both Internal & External audits
- Compliance with IFRS, US GAAP, IND-AS, Local GAAP, and regional frameworks
- Experienced team of Chartered Accountants (CAs) and CPAs
- Industry-specific audit preparation expertise
- Multilingual support (including English, Hindi, and European languages)
- Scalable assistance for startups, SMEs, and multinational enterprises
- Reduced audit risks and faster closure timelines
📌 Our Commitment
At India Stat Filing, we ensure that your audits—whether internal or external—are smooth, accurate, and fully compliant. By maintaining audit-ready records, supporting reconciliations, and liaising with auditors, we help businesses stay transparent and build stakeholder trust.
📞 Get Started Today
👉 Ensure stress-free audits with our end-to-end Internal & External Audit Support Services.
📩 Contact India Stat Filing today to streamline your audit processes.