You’re just a few clicks away from IRIS doing your audits
Never say no to a client that needs help with audits again.
We’ll work with your audit manager to deliver financial auditing services tailored to your firm. Our experts will provide support through all audit stages, from planning to execution and reporting.
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Different audit methodologies
Our team handles both the HAT and Mercia approaches to auditing.
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Complete regulatory compliance
We deliver according to FRS102, 102 Section 1A, 103 and 104, IFRS, and IAS frameworks.
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Comprehensive capabilities
We audit PLCs, limited companies, LLCs and LLPs, charitable organisations, and more.
End-to-end auditing
We can help firms of any size handle any financial auditing task. Our expertise covers (but is by no means limited to):
- Audit planning
- Preparing audit files
- Sampling
- Vouching
- Verification
- Conducting various tests
- Preparing schedules
- Drafting audit reports
- Data analysis
Plan for success, build on decades of experience
IRIS has helped accountants deliver great work for their clients for almost half a century – all thanks to great software and services.
And now, with more than 22 years of outsourcing expertise, we’re helping you do audits, too.
We’ll plan, agree and execute based on your needs and set out a clear timeline, so you know what’s happening and when.
All this is delivered by a business that has ISO 27001 and GDPR certifications, earned thanks to great staff training, stringent controls, and outstanding information sharing.
IRIS and financial auditing: an eye for ALL the details
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We work with your systems
We mean it when we say our service is built around you and your accountancy. That means you get dedicated staff that can use any UK auditing software. This includes all the major non-IRIS packages.
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Comprehensive planning
There are no unwanted surprises with IRIS financial audits; you’re prepared for everything.
Our onshore audit manager helps you establish an agreed level of engagement, defining an approach based on risk and objectives. Then, we put a full plan in place.
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Outstanding insights
IRIS can help clients assess the effectiveness of internal controls and identify weaknesses.
We use various processes and tests to provide comprehensive audit evidence, and we carry out data analysis to identify unusual trends, variations, anomalies, and red flags.
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Final stages
IRIS helps with all the checks, changes and paperwork that form the final stages of a financial audit. These include the going concern assessment, subsequent event review, final audit adjustments, closure meeting, and audit report.
Frequently asked questions (FAQs) about IRIS Audit Outsourcing
Learn more about our financial auditing services, how we support clients, and those all-important details.
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Our audit outsourcing service covers a full range of activities such as audit planning, preparation of audit files, sampling, vouching, verification, conducting various tests, data analysis, and drafting audit reports.
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We employ seasoned audit professionals who follow stringent industry standards and best practices. Our review process includes multiple levels of validation to ensure accuracy and reliability.
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We have expertise across various sectors such as finance, healthcare, manufacturing, retail, technology, PLCs, limited companies, LLCs, LLPs, charitable organisations, CIOs, and charities registered with the Charity Commission.
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Data security is paramount for us. We utilise advanced encryption technologies and comply with the latest data protection regulations. Continuous communication and email interaction with your audit manager ensures the security and confidentiality of your data. When it comes to information security standards, we are an ISO 27001 and ISO 27701-certified organisation.
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Yes, we tailor our audit services to align with your unique systems and processes, ensuring that our solutions meet your specific needs.
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The turnaround time varies based on the complexity and scope of the audit. We provide a detailed timeline during the initial consultation and strive to deliver timely results without compromising on quality.
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Our auditors stay updated with all relevant regulatory standards, including FRS102, IFRS, IAS, and more. We incorporate this knowledge into our audit processes to ensure full compliance.
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We offer comprehensive support throughout the audit process, including regular calls, meetings, periodic updates, and regular email interactions. After the audit, we provide detailed reports and are available for any follow-up assistance.
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Our pricing model is flexible and based on the scope and complexity of the audit. We offer competitive rates and provide a detailed quote tailored to your specific needs.
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To get started, contact our team to schedule an initial consultation. We will discuss your requirements, explain our process, and provide a customised proposal for your consideration.
Want to find out more?
Get in touch with our team
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