Auditflow News – February 2015
New websites for Auditflow Group and Auditflow
Check out our new websites www.auditflowgroup.com and www.auditflow.com. We have created the new Auditflow Group web site for our clients to navigate to our other products, ie. MyWorkpapers. The new website is more intuitive to navigate and has more content including more videos. Please feel free to give feedback directly to me.
Product updates coming next week
We are continuously improving the Auditflow product with a roadmap driven by clients. If you want to participate in our Client Advisory Board, please contact me. New features will be released soon. Look out for the email from our Products Team.
We are currently updating our online training platform. In the meantime training videos can be viewed now through our online help centre http://helpcentre.auditflow.com/help and also direct on the Auditflow YouTube channel https://www.youtube.com/user/auditflow
Training packages – including one on one web meetings and in-house implementation days are offered to all clients. Contact sales for more information email@example.com. We want to get you up and running!
SMSF Association – feedback from the annual conference last week
I attended the conference last week, and met with clients, prospective clients and SMSF Association delegates. There were several topics of discussion:
In brief, see my thoughts below.
Whilst products like Xero have impacted on the accounting profession, it has only been Auditflow to offer similar technology and innovation to improve productivity in audit.
Automation and exception basis auditing
As a direct by-product of instantaneous access to detailed data and deeper levels of integration with administration packages, automation of routine administration tasks and audit testing will also increase – leading again to more efficient, higher quality engagements.
Security of information
I was asked by prospective clients at the SMSF conference about our hosting environment and its security. I smiled as it has been an area of passion for me, not only to have a product that auditors will use but that is secure and fail safe backups.
Document sharing between the administrator, accountant and auditor
I get this question every day! Day 2 of the SMSF Association included the topic ‘The Auditor’s Role – Now and the Future’. Howard Dickson from the ATO made a number of key points including – the auditor should have their own independent record of supporting documentation. Thus a practice that has several partners, and a separate audit division, should also have a separate copy of supporting documents for the audit and not just one practice document management system. This is easily done with Audiflow by ‘dragging and dropping’ into the audit file.
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