Audit Support Services

AcoBloom’s audit support outsourcing services help Australian CPA & Audit firms meet audit reporting requirements with ease while ensuring full compliance with Australian Auditing Standards (ASA). Our skilled and experienced audit team provides end to end audit support.

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Reliable Audit Outsourcing Services

AcoBloom’s CoSourcing (collaborating outsourcing) solution provides client-specific audit support services for CPA & audit firms across Australia. Our approach gives firms access to skilled auditors who meet specific industry requirements, experience levels, and software proficiency.

By partnering with AcoBloom, firms can:

  • Solve staffing shortages and manage seasonal workload spikes
  • Maintain compliance with ASA, IFRS, APESB and AAS
  • Improve accuracy and meet reporting deadlines with dedicated auditors
  • Free up time to focus on business growth and better client servicing

Every audit is reviewed by experienced audit managers before final submission, ensuring accuracy and compliance.

9/10 CPA & Accounting Firms Recommend Us Here’s Why

  • Proven Expertise Across Key Audit Areas - We support Australian CPA & accounting firms across various industry audits, including SMSF, Trusts, Not-for-Profits, and Government audits.
  • Deep Understanding of Australian Compliance Standards - Our auditors are well-versed in ASA, AAS, IFRS, and APESB guidelines, ensuring every audit meets Australian regulatory requirements.
  • Quality-Driven Approach - Many of our auditors are qualified CPAs and CAs, ensuring accuracy and reliability in every engagement.
  • Access to Skilled Audit Professionals - Expand your team with experienced auditors available year-round or during peak seasons.
  • Ongoing Training & Compliance Updates - Regular training on ASA, IFRS, and APESB standards keeps our auditors up to date with evolving industry requirements.
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Our Audit Support Services Capabilities

Scope of Work

Planning Phase

  • Budgeting
  • Engagement Acceptance & Continuance
  • Risk Assessment Procedures
  • Materiality Calculation
  • Preparation of the Audit Plan & Program

Execution Phase

  • Test of Control
  • Substantive Analytical Procedures
  • Sampling
  • Test of Details

Conclusion Phase

  • Financial Statements Procedures
  • Summarization & communication of audit findings
  • Preparation & Issuance of Audit Report
  • Other Audit and Assurance Functions

Audit Services We Offer in Australia

Audit Support Industry Expertise

Audit support outsourcing services for diverse industries, ensuring compliance and accuracy.

Real Estate

Mortgage

Energy

Environment

Construction

Manufacturing

Healthcare

Technology

Financial Services

Automotive Industry

Software Capabilities

Robust software capabilities driving efficiency, innovation, and informed decision-making.

AcoBloom’s Flexible Pricing Models

Flexible pricing models: Managed FTE and hourly rates for efficiency.

Managed Full-Time Equivalent (FTE) Model

  • Dedicated full-time auditor with 3+ years of experience in Australian audits.
  • Auditor provides 140 hours per month exclusively for your firm.
  • Work is reviewed by a senior audit manager (9+ years of experience).
  • Includes weekly meetings for workflow planning, feedback, and review.
  • Fixed monthly fee covers both auditor’s work and manager’s review.

Hourly Pricing Model

  • Pay only for hours outsourced per month. This is perfect for ad-hoc or low-volume work.
  • Flexible engagement model without long-term commitments.
  • Not recommended for firms requiring the same audit staff on recurring engagements.

Frequently Asked Questions

Explore answers to common questions about AcoBloom's services and offerings.

Our audit team comprises professionals with 3 to 10 years of experience working with Australian audit & CPA firms. Most of our auditors are Australian CPAs and Chartered Accountants, well-versed in ASA, A-GAAP, IFRS, and APESB regulations.

AcoBloom follows stringent Australian and international security standards, including ISO 27001, GDPR, and APRA guidelines. This ensures the highest level of data protection and firms can outsource audit support services without having to worry about security.

We conduct regular training sessions on ASA, A-GAAP, IFRS, and APESB compliance to keep our auditors informed about the latest industry developments. Our auditors complete the minimum required CPE/CPD hours through our accredited training partner, ensuring they stay current with Australian regulatory updates and auditing best practices.

No, we offer flexible engagement models with no mandatory long-term contracts. You can scale up or down as per your firm’s audit workload, and services can be terminated with a standard notice period.

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Contact Us Today to learn how AcoBloom can support your audit needs.