Depending on the needs of your financial statement users, you may need to report under different sets of standards or provide varying levels of detail. Regardless of your requirements now or in the future, we can scale our audit solutions to meet your needs.
What’s more, with Helpmycpa you’ll benefit from a customized, risk-based approach that emphasizes timely communication and coordination of activities. With dedicated and ongoing involvement from our senior-level professionals, your audit, review, or compilation will be planned and executed by an experienced team that understands your industry.
Our emphasis on tailoring an integrated audit to focus on areas of significant risks allows us to complete your engagement in an efficient and effective manner that reduces time spent on post-audit procedures and wrap-up. This approach helps us:
We have a structured approach to determine the applicable list of risks and controls that are required to achieve SOC 2 attestation. Our approach ensures that the service organisation has adequate ‘internal controls’
Project plan (Timelines and detailed deliverables based on identified objectives)
Planning include pre-audit activities and risk assessment
Trace a transaction from its initiation through the company's information systems to the point when it is reflected in the financial reports
Tests a business organization's controls, policies and guidelines to ensure that such controls are adequately designed and are operating effectively
Tests of account details and account balances to ensure that financial statements of a business entity are not "materially misstated."
Draft audit Report
Draft audit Report
Our audit and assurance services help you get to know your business even better and on every level. We work with you to help you meet assurance demands. Our audits provide essential insights into the current state of your business and help you to envision and plan a stronger future for your organization.
We understand the challenges facing our clients, their industries and changing business risks. We’re dedicated to helping you achieve your strategic growth goals and can successfully guide you through mergers and acquisitions, sales of businesses, and restructurings. Some of the services we provide include:
A review consists principally of inquiries of company personnel and analytical procedures applied to financial data. Its scope is significantly less than that of an audit, and it does not provide a basis for the expression of an opinion on an organization’s financial statement. Rather, a review provides limited assurance that no material modifications should be made to the financial statements to bring them into conformity with their applicable financial reporting framework. Yet the smaller scope doesn’t mean a reduction in quality.
A compilation differs significantly from and is substantially less in scope than a review or an audit of an organization’s financial statements. The objective of a compilation is to present, in the form of financial statements, information that is the representation of management without the expression of an opinion or any assurance that there are no material modifications that should be made to those financial statements for them to be in conformity with the applicable financial reporting framework. Accordingly, a compilation requires significantly fewer procedures than either an audit or a review.
Many service organizations depend on the integrity of their control environment to serve and protect their customers and business. Accorp provides high-quality verification of these control environments through SOC examinations. Engagements of this nature report on the effectiveness of the controls and safeguards in place, providing you with feedback that’s both independent and actionable. Our approach to staffing these audits is to combine industry-focused and seasoned auditors with operational and IT auditors capable of addressing your unique control environment requirements.
Reduce risk and improve operational performance.
Internal audit is a vital component of governance and strategic risk management. It provides an additional element to risk assessment across your organization, facilitates improved processes and controls, address regulatory or other compliance issues, and ensure processes are efficient through the COSO framework.
Our internal audit professionals bring strong process, procedure, internal control and risk management experience to your organization. We bridge these skills with specialized insight related to risk and compliance and specific industry knowledge, to help your organization reduce risk and improve operational efficiency.
Today’s organizations face a business environment that is growing in scope and complexity, including increased use of information technology and increased regulatory requirements. Due to these growing challenges and demands, a traditional risk management approach is no longer enough. Organizations need to embrace a more strategic and holistic management of risk, not simply to avoid landmines, but to enable the exploration of possibilities.
Enterprise risk management helps your organization see the opportunities it can’t afford to miss—as well as the risks it needs to understand and manage. Organizations that fail to assess and plan for potential risks may open themselves up to fines, increased regulatory enforcement and tarnished reputations. Organizations that respond appropriately to the challenges will not only be more agile in managing associated risks, but also find opportunities for growth and strategic success.
At blum, our ERM team utilizes a four-step methodology to help clients create their own ERM process—looking at each client’s unique needs and developing a deeper understanding of their business, systems, external environment and organizational culture.
We work with our clients to build an ongoing ERM business that adds value—helping to explore “what needs to go right” and “what can’t go wrong.”
Our advisory consultants help you prepare the financial forecasts or projections you need. We understand the underlying assumptions of lenders and develop strong approaches to help you secure financing.
Before entering into an agreement or a financial transaction with another party, consider the essential factors that will guide your decision: vetting the investment for financial stability and future growth potential, weighing pros and cons, negotiating the best terms, and identifying discrepancies that may indicate possible drawbacks in the future. You want to be sure you get the right acquisition for your organization—with the best value. Blum will shape a complete picture of the overall circumstances and provide guidance on how to use them to your advantage. Our Transaction Advisory Group will help you reduce risk by collecting and analyzing the material facts of your prospective investment. We work with you to identify areas of focus, and the procedures we perform are designed to address your specific needs, so you can confidently determine whether the transaction you’re considering is right for you.
Our support team can run all or part of your finance function (Accounts Receivable, Accounts Payable, General Ledger, Month End Close Process) to ensure that you get accurate, timely management information in a format that meets your needs and reporting requirements. With substantial experience in a variety of software packages, we deliver a tailored solution that works for your business.
We have extensive experience in advising on all aspects of debt and credit management, resulting in the production of high quality, detailed reporting to provide additional comfort to asset-based lenders, enhancement of new business proposals, and strategic advice to distressed businesses and debtor book collections for struggling or failed businesses.
We cover all aspects of payables management from processing of invoices using technology such as optical character recognition, review of supplier statements and reconciling accounts, to payment of invoices using our bacs bureau, which includes issuing remittances. We take the administrative burden out of your accounts payable process.
We design and deliver tailored dashboards and management reporting packets to meet your requirements and those of your stakeholders. Combining financial and non-financial data, we put you back in control of your reporting and provide the analysis you need to make quick decisions.
Our SALT experts can ensure that your sales and local tax returns are fully compliant.
Managing an international group or multi–location company is complex and high risk, particularly where compliance issues are concerned. You may have ultimate responsibility for financial and tax compliance for the group but are dependent on remote teams or Support suppliers. We can help you deal with complicated, local regulatory regimes using our online portal. inControl is a real-time information dashboard which reports on all your accounting and compliance activity cutting the risk of problems or missed deadlines.
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Helpmycpa is like an extension of our own office overseas providing us access to a dependable team, enhancing our processing capabilities, improving turnaround times for clients all with value added advantage of lower cost of processing the work.
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The web portal is excellent as every assignment is properly monitored. The FTA team works well for us as work is produced to our quality standard and is well managed.
""They do all the tasks right from business understanding to documentation and report preparation. Team is well experienced and coordination with the client was really wonderful. "
