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Topics: audit outsourcing, Audit Support, SRA audits

When Should Accounting Firms Consider Outsourcing Their SRA Audit Workload?

4 MIN READ | Posted on May 16, 2025
Written By Pooja Kshirsagar

When Should Accounting Firms Consider Outsourcing Their SRA Audit Workload?

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SRA audits demand a different level of attention. The work is detailed, the regulations are strict, and there’s very little room for error. When your internal team is already balancing statutory audits and client deadlines, it doesn’t take much for SRA audit work to slow things down or put unnecessary pressure on your resources.

So here’s the question: when does it actually make sense to outsource SRA audit assistance?

In this article, we’ll cover the key considerations around outsourcing SRA audits, including:

  • When it makes strategic sense to outsource
  • The practical benefits outsourcing can bring to your firm
  • What to look for when selecting the right outsourcing partner
  • How to manage seasonal peaks without overburdening your team
  • The potential risks involved — and how to mitigate them effectively

Let’s dive in.

When Should You Consider Outsourcing Your SRA Audit Workload?

If you’re still weighing it up, start with this: outsourcing isn’t an “all or nothing” decision. Many audit firms don’t outsource everything — they use it to manage the pressure when:

  • The in-house team is already tied up with core statutory audits
  • You’ve got a spike in SRA compliance audit between spring and summer
  • You’re close to the 6-month deadline and short on hands
  • You’re being cautious about recruitment (which is fair, given the market)
  • You’ve taken on a few new solicitor clients but can’t yet justify another full-time hire

If any of this sounds familiar, it’s a good time to explore outsourcing — not as a replacement for your team, but as a support structure that flexes when you need it.

How Does Outsourcing SRA Audits Benefit Accounting Firms?

Here’s what most firms who’ve done it well say: it gives them breathing space.

You’re not scrambling to reshuffle resources or overloading your top staff. Instead, a trained offshore team picks up the bulk of the legwork — working papers, sample selection, compliance testing — so your managers can just review and finalise.

Here’s the real-world impact:

  • Improved Turnaround Times: Helping you meet deadlines comfortably, not just scrape through.
  • Healthier Margins: Particularly when your current delivery model leaves little room for profit.
  • Reduced Strain on Your Internal Team: Especially junior staff who may be less familiar with SRA requirements.
  • Capacity to Onboard New Clients: Without compromising quality or overstretching your resources.

And crucially, you can focus your in-house team on bigger audits or more strategic clients.

What Factors Should Be Considered When Selecting an Outsourced SRA Audit Service Provider?

This is important. The quality of a Solicitors Regulation Authority audit reflects directly on your firm. So, you can’t just hand it over to a generic outsourcing provider and hope for the best. Here’s what you must actively look for:

  • SRA Audit Experience: Ask how many they’ve handled, and if they’ve worked with UK audit firms.
  • Audit-trained Reviewers: The preparer might be offshore, but you want a UK-trained reviewer in the loop.
  • Data Security: GDPR and ISO 27001 are a must; secure portals for document transfer are standard now.
  • Turnaround Time Clarity: Get specifics about turnaround times and set expectations early on to avoid misses.
  • Communication: Weekly catch-ups or Slack/email updates so you’re not chasing them.
  • Trial First: Run a pilot with one or two files before committing.

And don’t be shy about asking for references. Speak to firms already using them — it’ll tell you more than any pitch deck can.

Can Outsourcing SRA Audits Help in Managing Peak Workloads?

Yes, and this is actually where it shines. Most firms don’t need help all year round. But between May and July, it can get messy. Staff are away on holiday, statutory audits are picking up again, and suddenly five solicitor clients all need their reports done yesterday.

Outsourcing SRA audits lets you handle that peak without panic. You don’t need to hire short-term staff or delay other jobs. You just loop in your outsourcing team, and they help carry the load. Simple as that.

Some firms even do this every year — use outsourced support just for SRA season. It works.

Are There Risks Associated with Outsourcing SRA Audits?

RiskWhat to Do About It
Data privacy concernsWork only with GDPR & ISO-certified providers. Use secure portals. No emails with attachments.
Poor quality workRun a small pilot, review everything thoroughly before scaling.
Communication gapsSet clear expectations around updates, turnarounds, and file review calls.
Lack of SRA-specific knowledgeMake sure the team actually understands the Solicitors’ Accounts Rules. Ask to see previous samples or documentation.

The key here is don’t rush into it. Vet properly. Start small. And only scale when you’re confident.

Final Thoughts

If you’re running an audit firm, your time and your team’s energy are limited resources. SRA audits can be profitable but only if handled efficiently. If they’re tying up your team or cutting into your delivery timelines, outsourcing is worth exploring.

And no, it’s not about cutting corners. It’s about delivering good-quality work on time, without burning out your people or saying no to new business.

At QX Accounting Services, we support audit firms across the UK with experienced SRA audit professionals, secure data workflows, and flexible engagement models tailored to your firm’s needs.

If you want to talk specifics or see how it would work in your firm’s setup, our experts would love to walk you through how others are doing it — what’s worked, what hasn’t, and what you should avoid. Submit the form below to get a callback from our expert or drop us an email at [email protected].

 

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We hope you enjoyed reading this blog. If you want our team to help you resolve talent gaps, reduce costs and transform your business operations, just book a call. 

Pooja Kshirsagar

With a rich experience of curating content for various industries, Pooja believes in the power of words in marketing and building brands. She enjoys experimenting with different forms of content and is currently on a mission to add value to the accounting industry through her detailed and researched write-ups.

Unauthorized copying or plagiarism of our content is a violation of intellectual property rights. We take such matters seriously and will pursue legal action to protect our original work. Anyone found engaging in such activities will be held accountable under applicable laws.

Originally published May 16, 2025 04:05:42, updated May 29 2025

Topics: audit outsourcing, Audit Support, SRA audits


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