Virtual Audit Services are one of the most preferred cost-effective options without impacting the quality of controls. With the changing business setups, requirements for assurance services are also advancing. A lot of business entities nowadays prefer to go paperless and use clouds as their storage centres instead of traditional methods of accounts maintenance.
Here at HCLLP, we have a proficient team of professionals who are able to provide Virtual Audit Services as per required Generally Accepted Auditing Standards (GAAS), Generally Accepted Government Auditing Standards (GAGAS), Bluebook, compliances of Uniform Guidance and other State compliance. Our team have extensive cross-industry knowledge and experience and have worked on numerous audits of state and local governments, housing authorities, tribes and tribal governments, and educational entities.
Benefits of a Virtual Audit:
- Online auditing helps to streamline and maintain documentation and record control in the online environment through reoccurring scheduled reviews.
- Virtual audits provide us better flexibility to schedule fieldwork as per client’s convenience.
- Cost-effective alternative to a Physical Audit.