History

The vision for Audit Assistant came from a time when director Clive McKegg was carrying out contract audit work - looking for a way to automate and streamline audit work-papers using software tools - the prototype for Audit Assistant was born. 

When is became apparent that other auditors could benefit from this, he began to form this into something potentially marketable.

  • In 1999 we developed the first commercial version, answering a need for auditors in NZ to produce efficient work-papers that are compliant with the NZ Codified Auditing Standards.
  • This was picked up, marketed and supported by Solution 6. 
  • With the demise of Solution 6, we took back full control in 2003 and updated the product to a new version adding many further features and eventually a Microsoft .NET ‘front end’ - continuing to use Excel for the actual work-papers but with additional functionality
  • With the advances in online software technology and the adoption in NZ of the International Auditing Standards we developed the new product incorporating the features of the existing version into a much more powerful and flexible platform - this online version which was launched in March 2009
  • At the same time we formed a new company, Audit Assistant Ltd (having previously be operated via Clive's accountancy practice)
  • In May 2013 we released the first product on our updated platform aimed at SME audits and suitable for the international market
  • We provide Audit Assistant to over 120 New Zealand Audit firms, plus some in Australia and the Pacific Islands
  • Our clients range from sole-practitioner firms auditing the smallest local clubs to multi-partner licensed-auditor firms auditing large Issuer companies
  • We continue to roll out new versions of this and our other templates based on this platform following the application of new accounting and assurance standards
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