AUDIT OUTSOURCING
Expert Audit Support Services for Accounting Firms
Outsource Audit Support Services to Enhance Efficiency, Sign Up More Clients, and Achieve Year-on-Year Profit Growth with QXAS
Book a Free Consultation arrow_forward- check_circle 10X Client Growth
- check_circle Four-Eyed Review
- check_circle 96% CSAT Score
Trusted By Industry Leaders
Backed by two decades of experience and a 96% CSAT score, we’re the go-to choice for 350+ accounting firms managing high-volume audit workload with confidence.
How We Help – A Tailored Approach
Amid industry-wide skills shortages, leading firms, including the Big Four, are turning to India for top talent. At QX, we are market leaders in audit outsourcing services, with 100+ certified auditors supporting industry leaders like Xeinadin and Ascendis Audit.
Our team specialises in various audits, including limited companies, charities, LLP, SRA, and independent examinations. With our Managed Solution, featuring a four-eyed review, and hybrid staffing of onshore and offshore experts, we ensure a seamless path to audit excellence.
Our tailored approach ensures you receive the precise support your firm requires:
Identify:
We pinpoint gaps in your current processes and determine where our support is needed.
Analyse:
We conduct a thorough analysis of your specific requirements.
Deliver:
We provide a foolproof solution, customised to meet the unique needs of your business.
Tackle Staff Shortages, Streamline Operations, and Grow Your Practice with our Tailored Audit Outsourcing Services
Book a Free ConsultationHow We Streamline Your Audit Process
We simplify each step, ensuring seamless integration from initial scope to final delivery. Our process is designed to enhance your efficiency and reduce your workload.
Scope of Work
Engagement Planning:
- Conducting initial meeting with the Audit Partner and end client to understand their business and key developments in the year under audit
- Documentation of audit planning including but not limited to filling up of various planning checklists, questionnaires, assessment of risks and materiality thresholds
- Preparation of Audit Plan and selection of samples for audit tests
Audit Testing and Evidence Gathering:
- Performing analytical procedures and Substantive Test of Details over account balances and classes of transactions
- Gathering sufficient and appropriate audit evidence to support findings and gain comfort over the audit assertions
- Documenting audit procedures and results
Conclusion, Communication and Reporting:
- Documentation of completion phase of an audit with the Partner/RI including various checklists
- Preparation of Management Letter and Letter of Representation using firms’ standard templates
- Review of financial statements to check compliance with relevant accounting standards
- Communicating with Partner/RI on the points which require their clearance
- Preparation of summary of Adjusted and Unadjusted Misstatements
- Provide interim and periodic updates to the clients
What We’ll Need
- Access to the audit documentation software
- Access to previous year audit working papers
- Access to the permanent file
- Access to previous year full signed accounts
- Access to current year accounts working papers
What You’ll Get
- Current year Audit working papers
Engagement Planning:
- Conducting initial meeting with the Audit Partner and end client to understand their business and key developments in the year under audit
- Documentation of audit planning including but not limited to filling up of various planning checklists, questionnaires, assessment of risks and materiality thresholds
- Preparation of Audit Plan and selection of samples for audit tests
Audit Testing and Evidence Gathering:
- Performing analytical procedures and Substantive Test of Details over account balances and classes of transactions
- Gathering sufficient and appropriate audit evidence to support findings and gain comfort over the audit assertions
- Documenting audit procedures and results
Conclusion, Communication and Reporting:
- Documentation of completion phase of an audit with the Partner/RI including various checklists
- Preparation of Management Letter and Letter of Representation using firms’ standard templates
- Review of financial statements to check compliance with relevant accounting standards
- Communicating with Partner/RI on the points which require their clearance
- Preparation of summary of Adjusted and Unadjusted Misstatements
- Provide interim and periodic updates to the clients
- Access to the audit documentation software
- Access to previous year audit working papers
- Access to the permanent file
- Access to previous year full signed accounts
- Access to current year accounts working papers
- Current year Audit working papers
Customer Success Stories
Discover what our clients are saying about us!
Trust the Confidence of 350+ Accounting Firms in Cutting Up to 50% Operational Costs, Boosting Profits, and Driving Sustainable Growth
Book a Free ConsultationDiscover the QXAS Difference in Audit Outsourcing
Experience unparalleled efficiency, accuracy, and security tailored to elevate your firm’s audit operations
Market Leaders in Outsourcing
Managed FTE Solutions
Four-eyed Review Process
Top-notch Talent
100% Data Security Assured
Seamless Integration
Tighter Reporting & Governance
Consistently high CSAT Scores (>96%)
Software Capabilities
Your software, our expertise – the QX team of expert auditors is trained to use the tools you trust, ensuring a seamless and efficient process.
FAQs
Have questions? Find answers to all your doubts about outsourcing and discover how QX’s strategic expertise can help transform your practice.
We provide tailored audit support services to accounting firms based on their specific needs. Our resources have expertise across 14+ major industries, including education, real estate, engineering and technology, restaurants and hotels, service sector, retail, and more.
QXAS is a market leader in the outsourcing space and a trusted partner to over 350 accounting and audit firms.
What sets us apart from our competition is:
- Managed FTE Solution: Dedicated auditors supported by a team leader for seamless collaboration.
- Four-Eyed Review: All output undergoes a two-level review process to eliminate errors and ensure top-notch audit quality.
- Flexible Engagement Models: Offshore, onshore, and hybrid options tailored to your needs.
QXAS is a 100% GDPR-compliant outsourcing provider. We are also ISO 27701, ISO 27001 and Cyber Essentials Plus certified with stringent security standards. We operate through our secure servers and work within your environment.
The cost of audit outsourcing depends on your specific needs. We offer customised pricing and engagement models tailored to clients’ requirements. To request a custom quote, fill in the form at the bottom of this page or call us directly on +44 208 146 0808.
We offer a NO-OBLIGATION TRIAL on our audit support services for up to 10 hours. You can assess our services risk-free before you decide to outsource with us and cancel anytime.
QXAS provides comprehensive support to ensure a seamless and efficient transition process. Our dedicated team collaborates closely with your organisation, offering hands-on assistance in data migration, system integration, and process alignment. We also provide unlimited chat and telephonic support to help you at all times.
Let’s Work Together
Explore outsourcing solutions, request a free trial or discuss your practice’s needs with our expert consultants.
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