Can you audit in a domicile you have not worked in before?
Yes. Audit standards are consistent and the domicile specific piece is the filing requirement and format, which we confirm before accepting.
Do you also prepare the tax return?
Yes, and it is the common arrangement. See the captive insurance tax page.
We are a new captive. When should we engage?
As soon as the first year is underway. First year audits involve establishing opening balances and understanding the structure, and starting early removes most of the difficulty.
Our previous auditor was late. Can you commit to the deadline date?
Yes, our firm has large teams that work on captive audits, so we have capacity to meet the necessary deadlines. If there is something unique about the captive and/or deadline that causes concern, we will share those concerns about timing upon initial engagement.
Do you provide captive management?
No. We work with captive managers in a collaborative relationship.
Will you flag issues with our structure?
Yes. If something in the arrangement looks weak, particularly on the tax side, we tell you rather than auditing around it.
.png){kind=logo}
.png)
