Client audit services for accountancy firms
Approximately 65% of our portfolio is where several leading regional and national accountancy firms refer us to their clients to undertake only audit work.
We provide a high quality service that, crucially, does not conflict or compete in any way with a firm’s established ongoing client relationship.
What do you need?
More and more accountancy practices who have traditionally delivered audits are re-evaluating their revenue streams.
Audit requires considerable investment in staff resources and specialist skills. At the same time, the higher margin available by delivering consulting services is increasingly attractive. Since providing both auditing and consulting/advisory services could compromise their objectivity and independence, leading to a breach of audit ethics, firms should start to consider acting as either an auditor or an advisor.
The result is that the advisory firm resigns as statutory auditor, requiring their clients to find another provider for their company’s audit.
Partnering with Byrd + Link means I've effectively got an audit department that’s available whenever I need them, yet I'm not paying for it 24/7. The process is so easy and cost-effective for both the client and us. It’s taken a lot of stress off my shoulders.
How we can help
Approximately 65% of our client base comprises audit referrals from accountancy firms (or partners, as we like to call them). We provide a professional, trusted, senior partner led-service that ensures that your existing relationships for all other accountancy services with your client remain totally secure.
In our experience, the accountancy firms we have worked with as a result of stepping down from being a registered auditor have increased staff capacity without the need to recruit from an ever decreasing talent pool. As staff are engaged with their clients on more strategic matters, they have also increased profit margins. Byrd + Link collaborate, compliment BUT do not compete for other aspects of work.
Learn more about our statutory audits for companies and groups, UK subsidiaries and Cost-plus companies, Not-for-profit organisations and Academies, and how our service promise sets Byrd + Link apart.
Byrd + Link ticked the right boxes as the solution we needed for providing audit services. And our clients are happy with the audit process.
Working with Byrd + Link means we’ve been able to keep our clients, which was our main priority. And our clients have their audits done by a firm we know and trust, that isn’t interested in poaching any work from us.