Auditing software?

[dimitaccounting]

I own a small accounting business that is growing rapidly with just tax and bookkeeping services. We have now decided to expand into auditing and financial review services as there is a high demand here. Any recommendations of a software program to generate the various checklists, letters and other documents needed for auditing? Thank you in advance for any help on this matter.

 

[suiathon]

My company (8 employees) uses Checkpoint's PPC SMART. I don't know how it compares to any other programs.

 

[Renuka Rana]

According to your scenario, I would suggest you for AdvanceFlow by Thomson Reuters. It is a cloud-based software that provides tools for complex audits. AdvanceFlow provides engagement features like

• In-built templates for a new list
• Provision to add tickmarks to work papers
• Integrated document management system
• Trial balance workspace
• Multi-level security measures

Additionally, you can view diagnostic information about open notes, unsigned work-papers, proposed journal entries, and work-papers.

To know more, please go through the following link: https://tax.thomsonreuters.com/us/en/cs-professional-suite/advanceflow

I hope the information would be of some help.