Our file review work has grown out of our training work and is run through our separate ICAEW-registered accounting practice, Insight Compliance Services Limited, established in 2008.

We have a team of reviewers who seek to provide feedback on steps that we feel could be taken by you to improve audit efficiency (including better use of audit software), as well as identifying deficiencies in audit work performed and documented.

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Cold File Reviews

Cold file reviews are conducted on-site or remotely with debriefs online. We will provide you with quality feedback on the standard of your audit work and on improvements and efficiencies that we feel could be made. We can also provide you with bespoke whole-audit team training to feed back findings and suggested improvements. We always seek to provide pragmatic feedback and practical ways to improve audit efficiency (including better use of audit software).

Contact us for more details.

Hot File Reviews

Firms require hot file reviews for various reasons. Whether it’s for ethical safeguards or required by your regulatory body, Insight Training can provide a practical, reliable hot file review service. Reviews can be conducted on site or remotely but we always seek to provide an efficient service tailored to your requirements.

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Practice Assurance Reviews

Running an accounting practice these days is challenging as there are a wide range of rules and regulations to address before even contemplating fee-earning work. Our Whole Firm Compliance Reviews focus on aspects that we know firms get challenged on regularly during ICAEW, ICAS and ACCA inspections visits.

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Financial Statements Reviews and Technical Consultancy

We perform financial statement reviews for accounts prepared under either UK GAAP and IFRS.

We offer technical consultancy to firms requiring one-off or on-going assistance with specific technical areas of accounting and auditing. We have a team of consultants who specialise in a range of areas. We provide a written response but are happy to discuss responses by telephone. We always aim to give a practical, definitive response without sitting on the fence!

Contact us for a quote.