Audits of Overseas Subsidiaries (Finance Shared Service Centre) – Hub & Spoke Model

Overview

Our implementation of a centralised service model for Finance SSC is customised to how the client is organised – all work can be centrally carried out by the India team with the bulk of the work being carried out at the client’s office/ shared service centre in India. While our audit work relating to controls and substantive testing is carried out in accordance with ISA, the accounting framework can be IFRS/ US GAAP. Our team will include IFRS/ US GAAP experts. We liaise with in-country experts to carry out the audit as per respective local country GAAP as necessary.

Our centralised delivery solution is designed specifically to support the global model of shared service delivery. With BDO India’s extensive experience in enabling the delivery of audits in the shared service environment of overseas entities, we are best positioned to support efficient and timely delivery.