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Partner at Audit and Financial Reporting 2021

Circit

Circit helps audit firms perform higher quality audit engagements, client collaboration and gives audit firms the power to instantly verify assets at source. Audit innovation and security is at the core of the Circit platform which is fully integrated and independent.
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Circit is the first AISP regulated tech company to provide financial auditors with independently verified banking assets and liabilities which are held on their corporate clients’ balance sheets.

The traditional audit processes have led to major failures in the profession and have impacted the wider economy.

Critical audit testing to confirm assets and liabilities with independent sources, such as banks, was manual, paper-based, and often only covered a tiny sample of transactions.

Circit solves this problem by connecting auditors directly to their clients’ banking systems. By building a verification layer across a network of Banks, Solicitors, and Fintech services, Circit allows auditors to perform real-time account confirmations and test 100% of transactions from an independent source. This increases audit quality, reduces fraud risk, and leads to audit staff being trained to a higher standard.

  • Automate Audit Confirmations
    Get complete, accurate confirmations from every type of evidence provider, for all clients across your whole firm
  • Obtain Verified Bank Transactions
    Connect your teams directly to any client bank account and get accurate independent data in seconds, for the first time
  • Collaborate with Clients instantly
    Boost productivity when your teams and clients are working together. Get full visibility into the status of every request and communicate in context from any location
  • Securely Digitally Sign Documents
    Embed eIDAS compliant digital signing into every client engagement. Financial statements, engagement letters and every document signed in the same way

Circit helps audit firms perform higher quality audit engagements, collaborate with clients, and instantly verify assets at source.

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More support

Webinar
On-demand webinar: Digital assets and the future of audit
  • Webinar
  • 23 Sep 2020
  • 11:00 - 12:00 BST

During this webinar, experts from Circit will discuss how digital assets are obtaining mainstream corporate adoption. As this adoption accelerates, it presents a clear competitive advantage for those audit firms that not only understand this new asset class but who can also develop an ability to verify these digital assets using real-time API based technology.

Event Speakers are Conor McAleavey, VP of Strategic Partnerships at Circit and David Walker, Managing Partner at Moore Cayman

Blog post
Stablecoins, infrastructure inversion and financial services in web3
  • Article
  • 30 Sep 2021
  • 00:00 - 00:00 BST

One of the hottest topics in the crypto world right now are stablecoins.... read our blog to find out more.