CFO Advisory Services
Audit Support Services
Audits are detailed, time-consuming, and demand meticulous record collection. We understand that CPAs often prefer to maintain final oversight. Our Audit Support Services free you to focus on the high-level strategy of the audit while we handle the labor-intensive data gathering and preliminary organization.
Services in Scope
Audit File Setup & Data Roll-Forward
Carrying forward prior year audit files, updating templates, and setting up the current year audit binder.
Preparation of Workpapers & Lead Schedules
Drafting of trial balances, lead sheets, supporting schedules, and reconciliations based on client-provided data. All work is formatted per the firm's templates and documentation standards.
Journal Entry Testing & Sample Selections
Execution of audit procedures like JE testing, revenue/expense testing, and sample documentation.
Substantive Analytical Procedures
Preparation of ratio analysis, variance explanations, and comparisons across periods. We document audit insights that aid the firm’s risk assessment and planning.
Tie-Out of Financial Statements
Cross-referencing financial statements with supporting schedules and disclosures. We ensure all figures are correctly linked and disclosures align with workpapers.
Final Binder Organization & Checklist Completion
Compiling and organizing finalized workpapers, tagging, and marking review notes as addressed.
Our Audit Support Process
Pre-Audit Assessment
We examine your current documentation and identify any missing or inconsistent records.
Data Organization
All relevant financial statements, receipts, and ledgers are sorted and stored securely.
Evidence Preparation
We compile necessary audit evidence based on auditor requirements.
Remediation Guidance
Any red flags are brought to your attention with clear recommendations.
Ongoing Liaison
We remain the point of contact with auditors, ensuring swift responses and detailed explanations.
About Ethereal Advisors
Founders Note
Audits can be demanding, and I know firsthand how crucial it is to have accurate, well-organized workpapers. As a CA, I’ve worked alongside CPAs who need reliable support to keep audits moving smoothly. Our team handles the heavy lifting—reconciliations, documentation, and prep—so you can focus on high-level insights and client relationships with confidence.
10+
Years Experience
50+
CPA Partners
100%
Satisfaction
Why choose us
Familiarity with Multiple Audit Frameworks
GAAS, PCAOB, and more.
Thorough Pre-Audit Checklists
We help you reduce surprises before auditors step in.
Secure Evidence Handling
Our protocols keep data safe. Check our Data Security page.
Flexible Collaboration
We work under your directives, ensuring you lead the audit narrative.
Time Zone Alignment
Immediate feedback loops so you stay on top of requests.
Frequently Asked Questions
Do you help with both internal and external audits?
How do you ensure confidentiality of sensitive data?
What if issues arise after the audit is complete?
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