An audit platform built on the International Standards on Auditing. Professional judgement stays with the auditor, and every decision is traceable from planning to opinion.
In many firms the audit file is a word-processed document, a set of spreadsheets and a folder of scans. When materiality changes, someone must remember every place that depends on it. The link between a risk, the procedure that answers it and the evidence behind the conclusion exists only in the auditor's head.
That costs time, and it shows in quality reviews and inspections.
Oxvel Audit holds the whole engagement in one place and keeps its parts linked. Change an input and everything that depends on it updates. Open any conclusion and trace it back to the risk it answers.
The system structures the work. The auditor exercises the judgement.
Set overall materiality, performance materiality and the clearly trivial threshold once. Every dependent figure updates when an input changes.
Identify and assess risks, see why a risk is significant, and work from a prioritised list.
Follow each risk through to its procedure, its evidence and its conclusion in one click.
Each role has its own view, with review notes graded by severity and gates between stages.
Every professional judgement and every override is recorded with its reason, ready for inspection.
Each firm works in its own private workspace online, from any office and any country.
Oxvel Audit follows the International Standards on Auditing, the same standards that govern audit work around the world. It serves a sole practitioner and a multi-office firm equally well.
Oxvel Audit is delivered online as a fully managed service. You sign in through your browser and start working. The technology behind it is our responsibility.
We run the software on secure servers. You have nothing to install and no server to maintain.
Each client works in its own private workspace, with access controlled user by user.
Your data is backed up for you as part of the service.
Improvements and new releases reach you automatically, at no extra work to your team.
We set up your workspace and users, and train your team to use the system with confidence.
Our team stays available to answer questions and resolve issues for as long as you are a client.
Oxvel Audit is offered on subscription. The price depends on the size of your organisation and the number of users, so we quote for each client individually. Tell us about your organisation and we will send you a clear, written quotation.
Book a demo and we will take you from planning to opinion.