Services/Audit Support Services

Audit season, without pulling your finance team off everything else.

Audits rarely drag because the numbers are wrong. They drag because evidence is scattered, schedules are rebuilt from scratch every year, and auditor queries sit for a week.

Business Avengers prepares the entire audit file, manages the PBC list and turns around auditor requests. We do this directly for businesses, and behind the scenes for accounting firms whose clients are audited, delivered as your firm's work.

the problem we solve

Why audits cost more than the audit fee

The auditor's invoice is the visible cost. The rest sits inside your team, or inside your firm's recovery rate.

01

Senior finance staff rebuilding the same schedules every year

02

Evidence scattered across drives, inboxes and systems

03

Auditor queries answered slowly, extending fieldwork and the fee

04

Reconciling differences discovered in the middle of fieldwork, not before

05

Month-end and reporting slipping while everyone works on the audit

06

Prior year adjustments repeating because nothing was documented

A prepared audit file shortens fieldwork, reduces queries, and keeps your finance function running while the audit is underway.

Full scope

What we handle, and what it means for you

01Audit readiness assessment
We review last year's file and queries, then fix the gaps before fieldwork starts
02PBC list management
Every requested item tracked, owned and delivered against the auditor's timetable
03Balance sheet schedules
Supporting schedules for every material account, agreed to the ledger
04Reconciliations and clearing
Bank, intercompany, control accounts and suspense items reconciled and cleared
05Working paper preparation
Indexed, referenced working papers with evidence attached, in the auditor's format
06Fixed asset and lease schedules
Registers, additions, disposals, depreciation and AASB 16 lease workings
07Accruals, provisions and cut-off testing support
Calculations documented with the basis and evidence behind them
08Auditor query turnaround
A named contact responding to requests within agreed timeframes during fieldwork
09Financial statement support
Draft statements and note disclosures prepared under AAS and IFRS
10Year-end close support
Extra capacity through close so reporting does not stop for the audit
11Post-audit remediation
Adjustments posted, findings documented and process fixes carried into next year
12Systems we work in
Xero, MYOB, NetSuite, SAP, Oracle, QuickBooks, MS Dynamics, plus your auditor's portal
Who this is for

Right for you if…

  • Your audit runs long every year and the fee keeps rising
  • The same two people carry the entire audit on top of their day job
  • Working papers are rebuilt from scratch each year
  • Auditor queries take days to answer during fieldwork
  • You have had prior year adjustments or repeat findings
  • You are audited for the first time and do not know what to prepare
How it works

How an audit support engagement runs

01

Pre-audit: We assess readiness, close reconciling items and build the schedule pack.

02

Fieldwork: We manage the PBC list and turn around auditor queries with your named contact.

03

Post-audit: Adjustments posted, findings documented, and the file carried forward for next year.

We support your audit. We are not your auditor, independence is preserved at all times.

FAQ

Questions CFOs ask us

Do you replace our external auditor?+
No. We sit on your side of the engagement, preparing the file and responding to requests. Independence is preserved, your auditor still audits.
Can you work with our existing auditor?+
Yes. We work with Big 4, mid-tier and boutique firms, and we work in whatever portal or file format they use.
When should we start?+
Ideally six to eight weeks before fieldwork. We can also step in mid-audit when a file is behind.
Do you prepare financial statements too?+
Yes, under AAS and IFRS, including note disclosures. See our Financial Statement Preparation service.
Is this a one-off or ongoing?+
Either. Most clients start with one audit cycle and then keep us on for close and reporting support year round.

Get your audit file ready before fieldwork starts.

Book a 30-minute call. We will review last year's audit, tell you where the time went, and show you what a prepared file looks like.