J.O. Tabalba & Co. undertakes external audit engagements where the firm is legally and professionally qualified and the engagement passes its acceptance and independence review. The entity, reporting requirements, applicable accreditation scope, and available records are assessed before acceptance.
An external audit is distinct from preparing financial statements or organizing records for another auditor. Accounting and audit-preparation support is separately scoped and does not itself provide an audit opinion. Providing both accounting support and an audit to the same entity is subject to applicable independence requirements; they are not offered as an automatic combined package.
Who Needs This
- Small and growing companies or established corporations with audited financial statement requirements
- Businesses with lender, investor, or regulatory reporting requirements
- Companies that need cleaner schedules before an external review
External Audit Engagement
- Reviewing the financial statements, supporting records, and relevant reporting framework
- Planning audit procedures based on the entity and assessed risks
- Performing testing and other audit procedures to obtain evidence supporting the auditor's conclusions
- Communicating significant audit matters and issuing an auditor's report where the accepted engagement is completed
Acceptance, Work, and Deliverables
- Assess professional eligibility, independence, reporting obligations, and engagement acceptance
- Agree the audit scope, management responsibilities, records required, and timetable
- Examine records, perform audit procedures and testing, and follow up on outstanding matters
- Complete professional review and provide the applicable auditor's report and agreed communications; no particular opinion or outcome is guaranteed
Audit Preparation and Accounting Support
A separate preparation engagement can cover reconciliations, financial statement schedules, missing-document lists, and coordination with the appointed external auditor. It is not an external audit and does not provide assurance or an audit opinion.
Management remains responsible for the financial statements, accounting records, internal controls, and representations. The appropriate service depends on the business's reporting needs and the firm's independence assessment.
Frequently Asked Questions
Can any business engage the firm as its external auditor?
Each proposed audit is assessed for eligibility, professional qualifications, applicable accreditation requirements, independence, and acceptance. The firm does not claim eligibility to audit every type of entity.
Does an audit guarantee that every error or fraud will be found?
No. An audit involves professional judgment and audit procedures; it is not a guarantee that every error or instance of fraud will be detected, and it is not a forensic investigation.
Can J.O. Tabalba & Co. support businesses outside its office locations?
Yes. Based at our client-facing Ayala Alabang branch in Muntinlupa, we support businesses across Metro Manila, nearby provinces, and other parts of the Philippines, subject to engagement requirements. Our registered head office is in Pasig City.
What should a business prepare before requesting help?
Prepare recent accounting records, tax filings, financial statements, notices, and supporting schedules so the team can understand the scope and documentation status.
Related Services
Recurring bookkeeping, reconciliations, compliance tracking, financial reporting, and accounting workflow support for growing Philippine businesses.
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Inventory Count & VerificationInventory count and verification services for businesses that need independent stock count procedures, warehouse inventory review, reconciliations, and inventory reporting.
BIR Letter of Authority (LOA) AssistanceAccounting and tax advisory support for taxpayers managing a BIR Letter of Authority examination.
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Related Industries
Accounting, bookkeeping, audit support, tax documentation, and reporting support for manufacturing businesses.
Japanese CompaniesAccounting, documentation, audit support, and Philippine compliance coordination for Japanese-owned and Japanese-affiliated companies.
Foreign-Owned CompaniesLocal accounting and compliance coordination for Philippine subsidiaries, branches and foreign-owned corporations.
Local Accounting Support
CPA-led accounting, bookkeeping, external audit support, BIR documentation, tax, payroll, SEC, and PEZA-related support where applicable for businesses in Alabang and Ayala Alabang.
Accounting Services in CaviteBookkeeping, accounting, BIR, SEC, payroll, external audit support, and corporate compliance coordination for Cavite businesses.
Accounting Services in LagunaAccounting, bookkeeping, BIR, SEC, payroll, audit support, and PEZA-related compliance support for Laguna businesses where applicable.
Accounting Services in MuntinlupaBookkeeping, accounting, BIR, SEC, payroll, external audit support, and PEZA-related support where applicable for Muntinlupa businesses from the Ayala Alabang Branch.
Need help with external audit?
Contact the firm to discuss your records, filing requirements, documentation status, and next practical step.
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