For many finance heads, auditing becomes a demanding and overly analytical burden, requiring auditors to authenticate the credibility, relevance, and quality of a client’s financial statements. Auditing incurs extensive costs, consumes time extensively, and generally results in actionable consequences for both accountants and their clients.
The befree Audit Support Team simplifies the auditing process, relieving the stress on auditors’ time, expenses, and workforce. Gaining access to expert and battle tested professionals dedicated solely to processing audit working papers enables auditors to decrease the risks of errors and missed deadlines while ensuring timely delivery of top-notch disclosures. Not only does our model liberate your schedule for growing your customer base, but it also paves the way for expanding your business.
Engage with audit clients to address auditing queries effectively.
Preparing schedules and reports in the format shared by auditors.
Seamlessly transition audit files between periods using specialized audit software.
Facilitate the transition from traditional excel-based audit files to electronic formats for enhanced efficiency.
Perform meticulous casting procedures on accounts to ensure internal consistency, mathematical accuracy and alignment with lead schedules in final accounts.
Thoroughly review financial statements of companies, charities and trusts to ensure accuracy and compliance.
Verify accounts against applicable accounting standards to ensure adherence to regulatory requirements.
Access U.S. Securities and Exchange Commission (SEC) and Charity Commission data to validate evidence supporting the information presented in the accounts.
Develop comprehensive checklists to identify errors and discrepancies, facilitating communication with the onshore audit team for necessary adjustments to current and future financial statements.
Competitive pricing can save you up to 40% compared to in-house accounting, optimising resource allocation.
befree's experts keep you compliant with evolving tax laws, minimising risks and penalties.
Our team of accounting experts guarantees accurate financial management, both domestically and internationally.
We offer customised solutions and flexible pricing structures, designed to suit the specific needs of the business.
Outsourcing eliminates staff-related concerns, allowing companies to focus on their core activities, with support from accounting experts.
Our job portal provides real-time tracking, offering visibility into the progress of tasks and projects, enhancing collaboration and transparency.
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