Comprehensive Financial Auditing Support Services

At NextGen CPA, we provide expert financial auditing support to help South Florida businesses maintain financial integrity, ensure compliance, and build stakeholder confidence. Our experienced team guides you through audit processes while strengthening your internal controls and financial reporting systems.

Audit Preparation & Support

Pre-Audit Preparation

• Documentation organization and audit trail preparation
• Trial balance preparation and reconciliation review
• Supporting schedules creation and verification
• Internal control assessment and documentation
• Audit readiness checklist and timeline development

Audit Assistance

• Auditor liaison and communication coordination
• Information requests fulfillment and documentation
• Schedule preparation and account analysis
• Management representation letter preparation
• Audit finding response and corrective action plans

Post-Audit Implementation

• Management letter recommendations implementation
• Control deficiency remediation and improvement
• Process documentation updates and enhancement
• Staff training on improved procedures
• Follow-up audits and compliance monitoring

Internal Controls & Risk Management

Internal Control Design

• Control environment assessment and enhancement
• Risk assessment procedures and documentation
• Control activities design and implementation
• Information systems controls and monitoring
• Segregation of duties optimization within resource constraints

Control Testing & Evaluation

• Control effectiveness testing and evaluation
• Compliance testing and documentation
• Deficiency identification and prioritization
• Control matrix development and maintenance
• Management reporting on control effectiveness

Fraud Prevention

• Fraud risk assessment and prevention programs
• Whistleblower policies and procedures
• Management override controls and monitoring
• Asset protection policies and implementation
• Background check programs and procedures

Financial Reviews & Compilations

Review Engagements

• Analytical procedures and inquiry-based reviews
• Financial statement review and analysis
• Management discussion and representation
• Review reports preparation and issuance
• Stakeholder communication and presentation

Compilation Services

• Financial statement preparation from client records
• Management-prepared financial statement review
• Disclosure adequacy assessment and improvement
• Compilation reports and management letters
• GAAP compliance review and recommendations

Agreed-Upon Procedures

• Custom procedure design and execution
• Specific account or transaction testing
• Compliance verification for specific requirements
• Grant compliance testing and reporting
• Regulatory filing support and verification

Regulatory Compliance Support

Industry-Specific Compliance

• Non-profit organizations (Form 990, grant compliance)
• Financial institutions (regulatory reporting, examinations)
• Healthcare organizations (Medicare/Medicaid compliance)
• Government contractors (federal compliance, cost accounting)
• Employee benefit plans (Form 5500, plan audits)

Regulatory Reporting

• SEC reporting preparation and review
• Bank regulatory reports and examinations
• Grant reporting and compliance monitoring
• State regulatory filings and compliance
• Federal compliance reporting and documentation

Quality Assurance

• Peer review preparation and support
• Quality control systems and procedures
• Professional standards compliance and training
• Documentation standards and best practices
• Continuing education and professional development

Specialized Audit Services

IT Auditing & Controls

• IT general controls assessment and testing
• Application controls review and validation
• Cybersecurity risk assessment and controls
• Data integrity testing and verification
• System access controls and monitoring

Operational Auditing

• Process efficiency reviews and recommendations
• Performance measurement and benchmarking
• Cost analysis and optimization opportunities
• Resource utilization assessment and improvement
• Vendor management and contract compliance

Environmental & Sustainability Auditing

• Environmental compliance assessment and reporting
• Sustainability metrics development and verification
• Carbon footprint measurement and reporting
• Environmental controls and procedures
• ESG reporting preparation and assurance

Audit Committee Support

Committee Formation & Training

• Audit committee charter development and updates
• Member training on roles and responsibilities
• Meeting facilitation and agenda preparation
• Governance best practices implementation
• Independence requirements and monitoring

Ongoing Support

• Meeting preparation and documentation
• Executive sessions facilitation
• Auditor evaluation and selection processes
• Risk assessment and oversight
• Financial reporting oversight and review

Technology & Data Analytics

Audit Technology Implementation

• Audit software selection and implementation
• Data analytics tools and techniques
• Process automation and efficiency improvements
• Electronic working papers systems and procedures
• Continuous monitoring capabilities development

Data Analytics Services

• Financial data analysis and trend identification
• Exception reporting and investigation
• Performance metrics and dashboard development
• Predictive analytics and forecasting
• Fraud detection algorithms and monitoring

Industry Expertise

Financial Services

• Bank audits and regulatory examinations
• Credit union audits and compliance
• Investment advisor compliance and auditing
• Insurance company audits and regulatory reporting

Non-Profit Organizations

• Non-profit audits and Form 990 preparation
• Grant compliance auditing and reporting
• Donor restriction compliance and reporting
• Board governance and oversight support

Healthcare Organizations

• Medical practice audits and compliance
• Hospital system audits and regulatory compliance
• Medicare/Medicaid compliance and reimbursement
• HIPAA compliance and privacy controls

Government & Municipalities

• Government audits and GAGAS compliance
• Single audits and federal compliance
• Municipal finance and debt compliance
• Grant auditing and federal program compliance

Our Audit Support Process

1. Planning & Risk Assessment

Comprehensive planning including risk assessment, materiality determination, and audit strategy development.

2. Control Evaluation

Assessment of internal controls, identification of deficiencies, and recommendations for improvement.

3. Substantive Testing

Detailed testing of account balances, transactions, and disclosures with appropriate documentation.

4. Reporting & Communication

Clear communication of findings, recommendations, and management letter items with implementation support.

Why Choose NextGen CPA for Audit Support?

Professional Excellence

• Licensed CPAs with extensive audit experience
• Quality control systems and peer review compliance
• Professional standards adherence and training
• Industry expertise across multiple sectors

Comprehensive Service

• Full-service support from planning through completion
• Technology integration for efficient audit processes
• Ongoing support throughout the audit cycle
• Staff training and procedure development

Client-Focused Approach

• Clear communication and regular updates
• Reasonable timelines and efficient processes
• Cost-effective solutions tailored to your needs
• Long-term relationship building and support

Get Started with Audit Support Services

Ensure your financial audits run smoothly with professional support from experienced CPAs who understand the complexities of modern auditing.

Schedule an Audit Planning Consultation

Service Packages

• Audit Preparation Support: Starting at $1,500
• Internal Control Assessment: Starting at $2,500
• Full Audit Support: Starting at $5,000
• Ongoing Compliance Support: $400-$800/month

All packages include detailed documentation and staff training components.

Financial Auditing Support

This page is about financial auditing support services.

At NextGen CPA, we’re more than just accountants — we’re your dedicated financial partners. Proudly serving individuals, families, and small businesses across South Florida, we provide personalized accounting, bookkeeping, and tax solutions designed to help you thrive.

With years of experience and a passion for helping our clients succeed, our team combines expert knowledge with a friendly, approachable style. We know that managing finances can feel overwhelming, so we work closely with you to simplify the process, uncover savings, and ensure complete compliance — all while giving you the peace of mind you deserve.

Why Choose Us?

• Local Expertise: We understand the unique needs of South Florida businesses and residents.
• Personalized Service: Every client receives tailored financial strategies that fit their goals.
• Proven Experience: Our background in accounting, tax planning, and business advisory means you can trust us to handle the details while you focus on what matters most.
• Year-Round Support: We’re here not just at tax time, but all year to guide you through every financial challenge.

Our Mission

Our mission is simple: to provide reliable, transparent, and results-driven accounting services that empower our clients to make confident financial decisions. Whether you’re a startup, a growing business, or an individual planning for the future, we’re here to help you every step of the way.

Let’s Talk!

Ready to take control of your finances? Contact us today to schedule a consultation and see how we can make your life easier.