The future of finance is changing, and this will have a major impact on the audit profession. Verifying a company’s assets exist. Confirming the ownership and accuracy of balances held on a balance sheet. The fundamentals in any field can be hard. They are often the critical foundations upon which a higher skillset is built.

One big change with modern financial services is that clients can open accounts and send money without ever having met an adviser face to face. The speed and ease at which accounts can be opened with different institutions is greatly welcomed when it comes to user experience. Even at a corporate account level, the options that are available for how a CFO might move...

Recently, we participated in an Alternative Insights Hangout to share our experience of engaging with auditors (our users) during Covid, but also, to listen and learn how audit firms themselves have found the last 4/5 months of engaging with their clients.

Circit, the audit confirmation platform, has had its leading technology selected by AIB, bringing a new level of automation and digital transformation to the bank’s business customers and their auditors in a critical year-end process.

Circit, the audit automation and confirmation platform, has expanded its analytics capabilities with the acquisition of Audapio’s data analytics solution. This is another step towards helping to design the audit of the future by providing real-time visibility of audit confirmations as well as the verification of business transactions through our integrated network of banks, solicitors, brokers and fintech services.