New York Business Advisory & Corporate Services Inc.

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Audit & Assurance

Audits are not just compliance — they are about trust, credibility, and confidence

Whether you are a corporate, startup, nonprofit, or family office, clean and transparent financial reporting is a cornerstone of credibility. Regulators demand it, investors expect it, and stakeholders rely on it. A poorly managed audit process can lead to delays, qualifications, reputational risks, and even funding setbacks. At NYBACS®, we provide Audit Coordination & Assurance Support Services. We are not statutory auditors and do not issue audit opinions. Instead, we act as your audit partner and coordinator, ensuring your books, documentation, and processes are ready for review by independent auditors. Our role is to prepare, organize, and liaise — so that the audit process is efficient, compliant, and issue-free.

Entities We Support

We coordinate audits for a wide range of entities, across jurisdictions and industries:

  • Multinationals – statutory, compliance, and group audits
  • Startups & Growth Companies – investor due diligence and pre-funding audits
  • SMEs_ ensuring audit readiness for local regulatory requirements
  • Nonprofits & Foundations – donor reporting, grant compliance, and statutory audits
  • Family Offices & Investors – audit support for private funds, trusts, and investment structures

Our Audit & Assurance Services

1. Statutory Audit Coordination

  • Preparation of schedules, trial balances, and reconciliations
  • Liaison with independent auditors licensed under GAAP, IFRS, GAAS, or PCAOB standards
  • Ensuring timely statutory filings across jurisdictions

2. Internal Audit Support

  • Risk mapping and control documentation
  • Testing of processes and fraud prevention frameworks
  • Coordination with internal audit teams or external firms

3. Regulatory & Tax Audit Preparation

  • Support for IRS, HMRC, VAT, GST, and corporate tax audits
  • Document compilation, reconciliations, and compliance filing review
  • Managing auditor queries to reduce the risk of penalties

4. Investor Assurance & Due Diligence

  • Preparing financials for VC, PE, and M&A reviews
  • Independent confirmation of financial metrics and reporting consistency
  • Audit-ready documentation to strengthen fundraising or acquisition outcomes

5. Audit Exemption Letters for Cross-Border Businesses

  • Eligibility review for audit exemption across US, UK, EU, APAC, and Middle East
  • Preparation and filing of audit exemption documentation
  • Liaison with regulatory authorities for exemption approvals
  • Coverage for subsidiaries, holding companies, and global startups
  • Cost savings through compliant cross-border audit exemption support

Our Process

  • Audit Readiness Review – Identify compliance gaps and required adjustments
  • Documentation Preparation – Organize ledgers, reconciliations, contracts, and filings
  • Coordination with Auditors – Serve as your single point of contact with the audit firm
  • Query Resolution – Handle auditor questions, clarify accounting treatments, and provide documentation
  • Completion & Assurance – Deliver well-documented and reconciled accounts for a smooth audit conclusion

Why Self-Managed Audits Fall Short

Many organizations attempt to handle audits internally, only to face avoidable setbacks. Missing documents, unreconciled accounts, and late responses can prolong audits and result in qualified opinions or compliance penalties.

Self-Managed Audit vs. NYBACS®-Coordinated Audit

Aspect Self-Managed Audit NYBACS®-Coordinated Audit
Preparation Reactive, documents often missing or incomplete Proactive, reconciled, and fully documented before audit begins
Audit Queries Delayed, inconsistent responses from multiple staff Centralized, clear, and timely responses through a single coordinator
Compliance Risk Higher chance of qualified opinion or penalties Minimized through pre-audit checks and compliance review
Timeframe Prolonged, often exceeding deadlines Streamlined, efficient, aligned with statutory timelines
Stakeholder Confidence Lower trust from auditors, investors, and regulators Increased confidence through professional coordination

Why NYBACS®

  • Audit Coordinator Expertise – We prepare and manage audits without conflict of interest
  • Global Scope – Supporting US, EU, UK, UAE, Asia, and nonprofit audits worldwide
  • Compliance Alignment – Familiar with GAAP, IFRS, GAAS, PCAOB, and jurisdiction-specific requirements
  • Investor & Regulator Confidence – Ensures transparency and readiness for scrutiny
  • End-to-End Support – From readiness checks to final auditor coordination

Build Assurance With Confidence

Audits are not just about numbers — they are about credibility. With NYBACS®, your audit process is organized, compliant, and professionally managed. We ensure that auditors receive clear, reconciled, and complete records — so your organization can move forward with confidence.

Schedule your Audit Coordination Consultation today and secure stakeholder trust with a seamless audit process.

Schedule your Audit Coordination Consultation today

Our Services

Establish Cost-Effective Global Capability Centers

Seamless solutions for SMBs to build and scale world-class capability hubs
Launch with GCCVantage

Explore Global CBI
Programs

Specialized guidance to secure global mobility through investment programs
Discover PBIArena

Leverage Strategic Financial Solutions

Corporate-grade factoring, payments, and tailored financial solutions
Grow With GTAFin

Empowering Business With Financial Insight

Virtual CFO expertise delivering insight, discipline, and global reach
Leverage CFOArena

Trusted IRS Guidance For US Taxpayers​

Your 24/7, Free AI-powered guidance delivering clear, dependable answers for individuals and businesses
Ask IRSTaxCamp

Real-Time Entity Health & Compliance Monitoring

Up-to-date health status on filings, deadlines, and regulatory obligations
Explore EntityPulse

Start Your Business Journey with NYBACS®

From formation to expansion – we’ve got you covered.
Contact Us
About Us
Founded over five years ago, NYBACS® (New York Business Advisory & Corporate Services Inc.) has grown from a company formation provider into a full-service global advisory firm. Through a trusted global network, we deliver tailored solutions in international business advisory, cross-border compliance, tax structuring, entity formation, and mobility. As a US Chamber of Commerce member with an A+ BBB rating, NYBACS® helps businesses stay compliant and expand globally with confidence.
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Copyright © 2025 New York Business Advisory & Corporate Services Inc. All rights reserved. 

NYBACS® is a registered trademark of New York Business Advisory & Corporate Services Inc. (USPTO Serial No. 98898414). NYBACS® is not a licensed CPA firm, statutory auditor, or law firm, and we do not issue audit opinions or provide direct legal representation. Our role is to act as a compliance and coordination advisor, connecting clients with licensed auditors, attorneys, investigators, and service providers to ensure filings, tax, employment, and immigration matters are handled in accordance with jurisdictional requirements. We facilitate services such as company formation, IRS coordination, cross-border tax compliance, EIN facilitation, mobility solutions, fraud investigations, and employment services strictly in collaboration with qualified professionals. All filings, renewals, and legal submissions are completed under applicable laws, with NYBACS® serving as the coordinator to ensure accuracy, efficiency, and compliance. Privacy Notice: NYBACS® does not use cookies or tracking technologies on this website. Any personal data shared with us is handled securely and only for the purpose of delivering our services.

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