Circit and Baker Tilly International have signed a global agreement under which the Baker Tilly’s audit teams around the world will use Circit’s AI-powered client collaboration platform to deliver higher quality audits and a better experience for their clients.
What it means for Baker Tilly’s audit teams
Circit does two things in one place:
- It is the single client-facing experience for the audit. File requests and general ledger ingestion move off email and spreadsheets onto one platform that clients and auditors share.
- It is the global confirmations network that independently verifies the client’s records. Circit connects directly with banks, law firms, fund administrators and other counterparties worldwide, so evidence comes from the source.
AI-powered document review and data analysis then help teams work through that evidence faster. The result is a higher quality audit, less back-and-forth between finance teams and auditors, and a lower risk of fraud or misstatement going undetected in the financial statements.
“Baker Tilly is committed to building the audit of the future, and we are proud to be the platform driving their clients' experience and the confirmations process underneath it. Auditors spend too much time chasing, tracking and waiting for evidence across many stakeholders during the audit. Circit changes that by connecting them seamlessly with clients and counter-parties, so they can focus on delivering their professional expertise on higher-value work.”
- David Heath, CEO, Circit
What this means for Circit
Baker Tilly International is one of the world’s leading accounting networks. Its choice of Circit shows that a single client experience, built on independently verified evidence, is becoming a standard part of how modern audits are done.
The agreement means we’ll work with audit teams across many markets and regulatory settings. That work will shape how the platform develops and will strengthen the confirmations network at the heart of Circit. Most importantly, we share Baker Tilly’s view that technology should take on the admin so auditors can focus on the work that needs their expertise.
“Our focus is on enhancing audit quality and creating a better experience for our clients and our people. Technology has an important role to play in achieving this, helping reduce administrative effort and allowing audit teams to focus more on areas where their professional expertise adds the greatest value.”
- Andrew Paul, Director of Audit Technical, Baker Tilly International
Looking ahead
This agreement is a foundation for working together over the long term. Circit and Baker Tilly International plan to explore new capabilities and other developments in audit technology as their firms’ needs change. We look forward to building what’s next together.
Read Baker Tilly International’s announcement
