AuditFile is now an add-on solution on Xero’s app marketplace, where it is listed under the accounting app function category. The cloud-based audit automation solution’s integration with the online accounting software provides an audit solution to help firms perform audit and assurance services more efficiently.

AuditFile users can import a trial balance directly from a client’s Xero account in three steps. The connection then gives access to the accounts in Xero from the AuditFile trial balance, allowing the audit team to view the underlying transactions and account detail.

“Integrating with Xero was just a first, albeit important, step to creating a cloud ecosystem for audit professionals that delivers on the promise of open technology,” said founder and CEO of AuditFile Steven Bong in a statement. “We are focused on delivering a completely automated audit experience for our customers. Ultimately, our vision is to continue to integrate with the other tools and services used by the firm to build toward the continuous audit concept.”

Xero accounting software on an iPad
Xero accounting software on an iPad

To learn more about the integration, click here.

Ranica Arrowsmith

Technology editor for Accounting Today.