Payroll Outsourcing Services

Professional Audit Support Services

Scale your firm's audit operations and boost profits by up to 50% with bespoke external audit outsourcing services. Trusted by leading accounting firms for skilled offshore and onshore talent.

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QX Accounting Services is a market leader in bespoke audit support services, helping accounting and audit firms gain access to highly qualified and dedicated audit professionals. With QXAS, audit firms can achieve up to 50% cost savings and build immediate capacity.

Our auditors have solid expertise in setting up and complying with Irish regulations. Our team manages the entire audit process, from paperwork and communications, ensuring compliance and efficiency. Each output undergoes a meticulous four-eyed review to minimise errors and maximise accuracy.

With QXAS onboard, you’ll have more time to invest in high-margin revenue generation activities while our experts handle the audit processes independently. Outsource audit support to us and work with skilled auditors who act as a seamless extension of your in-house team.

  • Expertise across 14+ industries
  • 300+ audits processed annually
  • 100% secure, GDPR-compliant solutions

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Benefits of Outsourcing Payroll Services

Benefits of Outsourcing Audit Support Services to QXAS:

Access to Talented and Experienced Auditors: Struggling with capacity shortages and unable to sign in new clients? Facing issues with maintaining audit quality and meeting deadlines? The solution: hire our qualified auditors with extensive experience and technical skills.

Scalability and Immediate Capacity Building: With QXAS, your practice will be able to quickly scale by adding skilled auditors to your team. Our team of audit professionals can promptly adapt to your internal work processes without additional training or oversight.

Cost Savings: You can save up to 50% of your in-house costs and improve profitability by outsourcing audit support services to QXAS.

Flexible Engagement Models: We understand that different firms have different needs. We have models that suit every requirement, be it the Managed FTE Solution or Onshore Support.

Comprehensive Data Security Measures: At QXAS, we take data security seriously, which is why we have a robust data security system in place. We are a GDPR-compliant outsourcing provider with an ISO 27001:2013 certification for information security management system.

Services

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
SCOPE OF WORK
  • 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
REPORTS

Choose the Best External Audit Outsourcing Services

  • An award-winning GDPR- compliant company
  • ACCA-approved Gold Employer
  • Accredited to the highest level of certification under the Cyber Essentials Plus scheme
  • ISO 27001 compliance for security and ISO 9001 compliant for quality management
  • A steady stream of qualified auditors through the QX Academy
  • Stay on top of all jobs with the QX Tracker App
  • Flexible engagement models catering to all requirements

OUR CLIENT SUCCESS STORY

“Nick Hume, Director of Xeinadin Audit, shares his journey of founding his own practice in the 2000s and successfully growing it into a Top 20 UK audit firm with dedicated outsourcing support from QXAS."

FAQs

QXAS is a market leader in outsourcing with over two decades of industry experience. We are a trusted partner to over 350 accounting and audit firms across the UK & Ireland. We provide you with access to a global talent pool with 100+ qualified auditors specialising in Irish regulations. With us, you can scale capacity efficiently, boost profit margins, and prepare your firm for the future.

At QXAS, we provide external audit support across 14+ industries, including engineering and technology, education, real estate, retail, restaurants and hotels, service sector, and more. We understand your needs thoroughly and provide you with a bespoke solution that best suits your needs.

As an outsourcing market leader, QXAS provides bespoke support beyond just body shop solutions. What sets us apart from our competition is:

  • Managed Solutions: Dedicated team leader overlooking a team of auditors for seamless collaboration.
  • Four-Eyed Review: Strategic two-level review process to eliminate errors and ensure accuracy.
  • 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 UK servers and work within your secure environment.

The cost of outsourcing audit support services in Ireland depends on your specific needs. We offer customised pricing and flexible engagement models based on your requirements. To request a custom quote, drop us an email at [email protected] or call us at +44 208 146 0808.

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