AuditBoard

AuditBoard is a risk and compliance platform covering internal audit management, SOX compliance, risk assessment, and controls management, aimed at internal audit teams and the firms that support them.

How accounting firms use it

Firms encounter it through co-sourced or outsourced internal audit work rather than as a tool they select for themselves. Where a firm provides internal audit services, the engagement typically runs inside the client’s existing instance, with firm staff working alongside in-house auditors.

The reporting layer is usually the reason an organisation has adopted it. Audit committees expect quarterly reporting on control status, open findings, and remediation progress, and assembling that from spreadsheets is both slow and hard to keep consistent between quarters.

Key features

SOX management covers control documentation, test planning, evidence collection, results recording, and deficiency tracking through remediation, with status visible across the testing cycle.

Audit management handles planning, fieldwork, findings, and follow-up across the annual plan, with real-time status across concurrent projects. Risk assessment links identified risks to controls and to audit coverage, showing where risks are unmitigated or untested.

Dashboards report to management and audit committees, and integrations with ServiceNow, Jira, and Microsoft 365 connect remediation work to the systems where it is actually performed.

Who it’s best for

Mid-sized and large organisations with formal internal audit functions and SOX obligations, and accounting firms delivering co-sourced or outsourced internal audit to them.

Firms performing external financial statement audits need CaseWare or a comparable engagement platform — different discipline, different evidence requirements. TeamMate+ is the closest direct competitor in internal audit management.