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Join over 500 CPA firms across Canada already offering Audit Shield.
With costs rising all around, a surprise accounting bill when selected for a CRA review can be hard to manage. Give your clients the choice of how to handle additional fees in responding while you recover your time for the work.
Lock in an obligation free, Partner’s in-person or virtual information session by clicking the button below. It’s free and only takes around 30 minutes.
In the information session you’ll learn how some of Canada’s most proactive CPA firms are protecting their clients and eliminating the need to write off their fees at the same time, with Audit Shield.
Protection against additional fees.
Time spent on client services should never be compromised when responding to a review or audit initiated by the CRA.
Audit Shield is a no upfront cost solution for CPA accounting firms that covers professional fees and the fees of other experts should your client be subjected to a CRA review or audit.
With Audit Shield the accountant and the client can take on a CRA review or audit, side by side, responding in the most thorough way, without the cost or stress being a concern. Reviews and audits may be unavoidable, but with Audit Shield the fee write offs don’t have to be.
Why CPAs like Audit Shield.
- No COST solution, in fact you retain an admin fee each year
- No claim DEDUCTIBLE, no minimum claim
- We do the work to send the offer to your clients (goes on your letterhead)
- If your client is subject to a review or audit – you claim 100% of your time responding (up to the sum insured)
- Claims are paid directly to you within 5 working days
All current and previously filed returns are covered, regardless of who prepared them.
Audit Shield at a glance.
The scope of Audit Shield is wide commencing with a simple post assessment T1 slip request, through to a GST review (or HST or PST where applicable), and right up to a full business audit.
Audit Shield also provides protection for Covid-19 related wage and rental subsidy reviews of CEWS, CERS, CRHP, THRP, HHBRP and LLP.
Our team complete all of the administration (printing and mailing) to invite your clients to participate, under a fee waiver service.
Audit Shield Accountants’ App.
We understand that not all accountants are fixed to their desk, and when they aren’t they need a simple tool to keep them updated and connected. The Audit Shield Accountants’ App allows our clients to look up who is covered by Audit Shield under their policy should they be subject to an audit or review by the ATO and other government revenue authorities.
In addition to this the Audit Shield Accountants’ App can:
- generate Audit Shield quotes
- receive up to date notifications
- download important resources
- and more.
Audit Shield Online Portal (ASOP).
The Audit Shield Online Portal (ASOP) is a SaaS solution that our team of developers created so our clients can maintain their Audit Shield offering to their clients. When we first started up our business, we wanted a technology solution that exactly fitted our needs and the needs of our clients.
At the time there was not a neat solution that exactly met all those criteria – so we did what any bespoke business would have done and created our own. Today ASOP manages the full Audit Shield experience from marking payments, to adding a new client, to claims submission.
Since then, ASOP has evolved significantly to keep up with the latest technological smarts and secure processes in the delivery and maintenance of Audit Shield.
A standard above the norm:
proud to be ISO 27001 certified.
The management systems, processes and global operations at Accountancy Insurance (AI) have been certified to ISO 27001, a designation that indicates compliance with a set of information security management best practises. This certification proves AI’s dedication to safeguarding client data, as well as our own data, and preserving the confidentiality, accuracy, and accessibility of that data.
Our ISO 27001 certification distinguishes us from any other service providers that have not yet attained this level of certification and is an indication of our dedication to upholding the highest standards of information security for our clients.
Don’t just take our word for it, read what two client accounting firms in Canada had to say about Audit Shield.
My personal experience with Audit Shield is that they look for every possible way they can argue that CRA activity falls within the items that are covered. They run a very ethical, client-centric business. In addition to avoiding “surprise audit costs”, the practitioner never has to think “is this worth fighting economically?”
I have lost count of how many times I have been able to tell a client “There’s no fee for that – you paid for Audit Shield”. That takes a lot of the sting out of a CRA review! If the client does not want coverage, the decision is theirs.
Kingston Ross Pasnak LLP, Edmonton AB
Hugh Neilson FCPA FCA TEP, Director – Taxation Services
As a tax specialist with almost 40 years of tax experience, this product could have saved clients significant fees that they have paid to have their tax enquiries covered. I encourage anyone in the business community to consider this. Our clients have been pleased with the option of using Audit Shield – the vast majority of corporate clients have opted in to the program.
Smith & West Chartered Professional Accountants, Ottawa ON
Thomas West, Tax Partner