Audit Offshoring Services
About Offshoring – Audit & Assurance
Meeting strict deadlines for audits and financial statement filings is a significant challenge during the audit season for any CPA firm. Identifying and securing the right resources to meet these deadlines is essential. Remote working has proven to be an effective solution to get good pool of talent at extremely competitive pricing. This is where DGA Global steps in.
We assist audit and CPA firms by understanding their client’s business needs and ensuring auditing services deadlines are met. Our specialized audit team provides expert support across a range of industries, offering systematic assistance in every audit area.
Why DGA Global?
We are the smarter and better choice for offshoring assurance and auditing services.
Our key strengths include:
- Expertise: Deep knowledge of IFRS and US GAAP, backed by PwC and Deloitte methodologies
- Global Experience: Proven experience with global clients from the US, UK, Canada, the Netherlands, Australia etc.
- Strategic Collaboration: Assisting CPA and member firms globally in achieving audit timelines efficiently.
- Track Record: Proven experience in handling full-scope statutory and internal audits under IFRS, US GAAP, UK GAAP, and Indian GAAP.
- Proficiency: Proficiency in major accounting software
Our Services
- Statutory Audits – Offshore
Offshoring and outsourcing statutory audits allow engagement teams to access qualified resources globally to support ongoing audit engagements at very competitive prices. As a leading audit company in India, we offer:
- Complete services – End-to-end Statutory audits under reporting standards like US GAAP, IFRS, and UK GAAP including audits of alternative investments like hedge funds, private equity funds, pension funds, venture capital funds, etc.
- Group Audits, Single Audits (AICPA), Component Audits Governmental/Public Sector Audits, etc.
- Assistance in planning, risk assessment, substantive procedures, financial statement preparation, and reporting.
- Component audits for subsidiaries and consolidation packages.
- Controls review procedures and documentation
- Employee Benefit Plan Audits (401k) – Specialized audits for S-1 filings, 401k plans, ESOPs, and other benefit plans and new companies seeking stock exchange listings.
- Agreed-Upon Procedures (AUP) – Tailored auditing/review services based on agreed parameters.
- HUD Audits – Assistance with real estate property audits under US GAAP.
- Pension Plan Audits – Testing of contributions, distributions, and participant eligibility for defined benefit and contribution plans.
- Charity Audits – Detailed testing of trusts and charities, including income and expenditure analysis.
- Royalty Audits – Examination of intellectual property agreements and sales data.
- FRS 102 Audits – Comprehensive audits for macro and micro entities under FRS 102 guidelines.
- Financial Reporting
We assist with:
- Preparation of Financial Statements under US GAAP, UK GAAP, IFRS, and other standards for group reporting.
- Conversion of trial balances and financial statements to comply with US GAAP, UK GAAP, IFRS, and other standards.
- Internal Audits
Our internal audit services include:
- Evaluating and improving clients’ internal controls and corporate practices.
- Developing effective control environments and risk management strategies.
- Conducting control testing to address operational and associated risks.
Execution
Statutory Audits (US GAAP, IFRS, UK GAAP)
From planning to reporting, we deliver audits with precision and professionalism:
- Planning & Risk Assessment: Engagement letters, risk assessment memos, materiality calculations, and planning analytics.
- Execution: Substantive testing of significant accounts like revenue, equity, payables, and PPE.
- Reporting: Preparing and auditing financial statements, disclosure checklists, and reporting tie-outs.