Audit Assistant

Audit Assistant is a cloud-based solution designed to assist auditors, accountants, and AML/CFT auditors in their work by offering a variety of features and functionalities that simplify compliance and auditing tasks. According to the vendor, Audit Assistant caters to financial auditors, AML/CFT auditors, and accountants across various industries.

Key Features

Cloud-Based Platform: Audit Assistant provides a cloud-based platform that allows auditors, accountants, and AML/CFT auditors to access their work from any location with an internet connection. Users can securely store and attach data in various formats and establish links to other software or repositories. The platform prioritizes data security through encrypted data transfer and offers additional user security options.

Real-Time Access for Instant Client Interaction and Collaboration: Audit Assistant enables real-time access to jobs, facilitating collaboration and multi-site review. Users can easily share pages with clients and third parties online, enhancing communication and transparency. The platform supports online completion and review of work, including on tablets and smartphones, providing flexibility and convenience.

Up to Date with the Latest Assurance, Compliance, and Reporting Standards: Audit Assistant is regularly updated to align with the latest assurance, compliance, and reporting standards. Audit jobs, such as IFRS, Charity/PBE, and other audits, adhere to the International Auditing Standards (ISA (NZ)), ASA (AU), and other relevant standards. Workbook templates are continuously updated to ensure compliance with the latest requirements.

Annual Rollover Function Minimizes Repetition in Future Periods: Audit Assistant offers an annual rollover function that allows completed jobs, including attachments, to be exported for archiving purposes. The platform supports both paperless and printed job options, providing flexibility based on user preferences. The annual rollover function aims to reduce repetitive work in future periods, saving time and effort.

Integrated Knowledge Base with Helpful Tips and Regular Articles: Audit Assistant includes an integrated knowledge base that offers contextual help through articles and videos. The knowledge base provides assistance in utilizing features and understanding content, enhancing the user experience. Regular practical articles based on research around issues faced by auditors of smaller entities are also available.