Scattered working papers
Excel, Word and email threads that never quite reconcile into one file, and a scramble to assemble it before review.
Built by practising chartered accountants
FirmWise builds software for chartered accountancy firms in Pakistan. Plan, execute, review and sign off statutory audits in one place, and give clients a secure workspace for documents and requests.
Statutory audit management, from acceptance to partner sign-off, with your firm's quality management alongside.
Explore AuditWise → For clientsA private workspace where clients exchange documents with their accountants and track what is still outstanding.
Explore FirmVault →Why firms move
Most findings at inspection are not about the audit work itself. They are about evidence that is hard to find, sign-offs that cannot be traced, and quality policies that live in a binder.
Excel, Word and email threads that never quite reconcile into one file, and a scramble to assemble it before review.
ISQM 1 responses, independence declarations and monitoring results that are difficult to evidence when an inspector asks.
Review notes cleared in conversation, with no record of who prepared, who reviewed and when the partner signed.
AuditWise
Each engagement moves through seven structured phases. Every working paper carries its own status, so the engagement partner can see what is done, what is in review and what is still open.
Client acceptance and continuance, engagement terms.
Team declarations and threats-and-safeguards assessment.
Understanding the entity, materiality and risk assessment.
Responses to assessed risks, tests of controls and substantive work.
Lead schedules and area files linked to the financial statements.
Completion procedures, representations and the audit report.
Engagement quality review where the firm's policy requires it.
Draft → Prepared → Reviewed → Approved → Partner sign-off, recorded against each working paper.
Raise, respond and clear review notes in the file, with a log of who did what.
An ISQM 1 and ISQM 2 module covering governance, ethics, resources, monitoring, remediation and the engagement register.
A compliance dashboard for Companies Act 2017 requirements, plus tax documentation tools such as withholding tax reconciliation.
Assign teams to engagements and control what each role can see and sign.
Audit logs, monitoring and remediation records kept together, so evidence is at hand when it is asked for.
FirmVault
No more documents lost in email attachments. Clients upload what is requested, see what is still outstanding, and find every deliverable in one place.
Access is by invitation from your firm.
Client sign in →Standards
The workflow and checklists are designed with reference to the standards and laws that apply to audit practice in Pakistan.
FirmWise supports a firm's compliance; it does not replace professional judgement. Responsibility for audit quality remains with the firm and the engagement partner.
Who it is for
A complete, structured file without a dedicated quality team.
Consistent methodology across partners, managers and trainees.
ISQM evidence and engagement records organised in advance.
EQCR and documentation discipline for listed and regulated entities.
Security
Audit files hold some of the most sensitive information a business has. The platform is built so that only the right people see it, and every action leaves a record.
FAQ
No. There is no regulatory approval scheme for audit software in Pakistan, and we make no such claim. AuditWise is designed with reference to ISA and ISQM to help firms document their work; responsibility for compliance stays with the firm.
Yes, firms can work with their own templates. During the demo we will walk through how your current working papers and trial balances fit into the engagement workspace.
Yes. The firm-wide controls module covers quality objectives, risks and responses, governance, ethics, resources, monitoring and remediation, and the engagement quality review register.
FirmVault is invitation-only. Your accountants send you an invitation, and you then sign in at vault.firmwise.tech.
We set up your firm profile and users, then work through a live engagement with your team. Write to us to arrange a demo and discuss what your firm needs.
Plans depend on firm size and the number of users. Contact us for a quotation.
Contact
Tell us about your firm and we will arrange a demo at a time that suits you.
info@firmwise.tech