Pandit Bhandari and Co
Pandit Bhandari and Co
Outsourcing for Audit Excellence
Outsourcing for Audit Excellence
Driving Efficiency and Quality for U.S.-Based Audit Firms Through Outsourcing
Client Profile:
A group of mid-sized, U.S.-based CPA firms providing audit, tax, and advisory services to clients across various industries, including manufacturing, retail, and professional services.
Challenge:
These firms faced increasing workload during peak periods, difficulty in sourcing qualified local staff, and growing cost pressures. Maintaining quality while managing turnaround times and compliance with U.S. GAAP and IRS regulations was becoming increasingly challenging.
Our Solution:
Our firm stepped in as a strategic outsourcing partner, offering technically sound support across accounting, tax, and audit processes. With a leadership team of Chartered Accountants and decades of experience, we delivered consistent, high-quality work tailored to U.S. standards and tools. Our services included:
• Preparation of audit working papers aligned with PCAOB and AICPA standards
• Tax return preparation support for individuals and businesses (Forms 1040, 1120, 1065, etc.)
• Bookkeeping, reconciliations, and financial statement preparation using platforms like QuickBooks and CaseWare
Results & Value Delivered:
• Cost Savings: Clients achieved up to 40% savings compared to in-house staffing
• Technical Accuracy: Our strong accounting and auditing foundation ensured high-quality, review-ready outputs
• Increased Capacity: Enabled firms to scale during busy season without compromising quality
• Improved Turnaround: Faster delivery cycles helped meet tight filing and reporting deadlines
