Audit Support services

Conducting audits is a meticulous and analytical endeavor, requiring auditors to validate a client’s financial statements’ credibility, relevance, and quality with substantial evidence. This task is resource-intensive, consuming both time and expenses, and carries significant implications for accountants and their clients.

The Clayterr Audit team streamlines the auditing process, alleviating the burden on auditors by dedicating competent professionals to process audit working papers. This targeted focus helps auditors mitigate the risks of errors or missed deadlines, ensuring the delivery of impeccable disclosures. Simultaneously, this strategic approach frees up auditors’ schedules for pursuing new clientele opportunities, paving the way for firm expansion.

Type of Audit

Internal Audit

Clayterr specializes in supporting audit firms and companies with their internal audit processes. Our services encompass various aspects, including conducting walkthroughs, crafting narratives, and delivering reports on internal control procedures.

As an independent firm, we offer valuable assistance to audit firms and companies in evaluating the internal controls, corporate practices, processes, and methods of their clients or organizations. Our expertise extends to successfully establishing effective and secure internal control environments.

Financial Reporting Audit

Clayterr specializes in facilitating the seamless conversion of Trial Balances and Financial Statements to meet the requirements of various Generally Accepted Accounting Principles (GAAPs), including those of the United Kingdom (UK), the United States (US), and the International Financial Reporting Standards (IFRS).

Our expertise extends to not only understanding but actively assisting in the preparation of Financial Statements, ensuring compliance with the specific reporting standards

External Audit

At Clayterr, we offer comprehensive External and Statutory Audit services to ensure the financial integrity and compliance of your organization. Our seasoned audit professionals bring a wealth of experience to the table, providing a meticulous and thorough examination of your financial statements and processes.

Tools we have expertise with

Oracle
SAP
QuickBook
Xero
Sage
NetSuite

Caseware
IDEA
Eaudit
Voyager
APT

Here’s how we take care of your auditing process:



1. Client Engagement:

Address audit queries effectively through interactive client communication.



2. Audit File Management:

Efficiently transition audit files using specialized software.



3. Excel to Electronic Transition:

Facilitate migration from excel-based to electronic audit files for increased efficiency.



4. Casting and Lead Schedule Review:

Meticulously perform casting procedures, ensuring internal consistency and alignment with lead schedules in final accounts.



5. Financial Statement Oversight:

Thoroughly review financial statements for accuracy and compliance across various entities.



6. Accounting Standards Verification:

Confirm adherence to applicable accounting standards during account verification.



7. Error Reporting Checklists:

Develop comprehensive checklists to identify and communicate errors, facilitating necessary adjustments in current and future financial statements.

“Delivered Beyond Imagination!”

Handled my requirements and complications with skill. Sometimes, all you need is someone to take ownership of the issue and ensure all work is done as more information becomes known. I am very satisfied and will recommend Clayterr to anyone looking for CA skills.

Raghu Rajendran