CCH iFirm Validate enables you to speed up and automate the bank confirmation process during audit.
As a cost-effective and secure cloud solution, you can easily scale the solution across your practice, cutting the time your employees spend on UK bank validation from weeks to minutes.

Forget the manual and old-fashioned approach to bank validation; CCH iFirm Validate offers you an automated and secure modern solution. Using open banking and blockchain technology CCH iFirm Validate securely enables immediate confirmation from participating banks. Reduce the risk of human error and streamline the entire validation process.

Looking to improve costly, manual, and time-consuming confirmation processes? CCH iFirm Validate is your UK bank confirmation and validation tool, accelerating the audit banking confirmation process. Our cloud software solution streamlines validation allowing for immediate confirmation from participating banks at a cost-effective price point.

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Quick authorisation for bank confirmations

Open banking authorisation allows you to authorise the provision of data to the auditor, and the auditor to request data to support the audit.

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Guaranteed security

Blockchain technology provides you with a safety guarantee as you have a secure audit trail of data provision to your confirmation of key accounting data with external third parties—all as part of a statutory audit.

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Replace manual processes with automation

Accurate and efficient data provision means as an auditor you can replace your predominantly manual processes with an efficient and secure alternative.

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CCH iFirm Validate

Cloud-based accounting

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Discover how CCH iFirm Validate enables easy bank confirmations:

- Using open banking authorisation for ease.

- Secured with blockchain technology for peace of mind.

- With accurate data provisions, replacing manual process with automation.

What does CCH iFirm Validate do?


CCH iFirm Validate uses blockchain technology to share confidential financial data during the audit process. This enables the auditor to obtain detailed transactional data directly from financial institutions such as banks, further enabling the matching of transactions to the client’s records for verification. It offers auditors a quick and secure solution to bank validation, without the expensive price tag.

Why use a cloud accounting bank confirmation solution?


CCH iFirm Validate is part of our cloud accounting suite, CCH iFirm. Cloud accounting enables your audit team to all access the same data from any device whenever and wherever they choose to login. This enables a collaborative environment and well as remote working with ease. Plus, there’s no need to pay for installation or updates, just pay for what you use, and easily access updates to features and functionality through our cloud software. You can now complete UK bank validation processes from anywhere.

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Webinar- Fast track your audit bank confirmations with CCH iFirm: Validate
Watch this webinar with our product experts to explore CCH iFirm Validate, a new cloud-based tool to fast track the audit bank confirmation process.

In this session, we'll explore how innovative cloud technology can streamline workflows, enhance collaboration, and significantly reduce the time and effort required to obtain bank confirmations during audits.
Watch Now


Frequently Asked Questions

  • How does CCH iFirm Validate work?
    CCH iFirm Validate allows auditors, client approvers, and participating financial institutions to fast-track bank confirmations and account verifications. Our software leverages blockchain technology to gather confidential financial third-party audit evidence, in accordance with (ISA (UK)) 505 Audit Standards. CCH iFirm Validate uses automation to provide the simplicity, speed, and trust that you require. Your bank validation process will now take minutes instead of weeks.
  • What is cloud accounting?
    Instead of each employee working on the same software installed separately on each computers, cloud accounting brings people together and allows you to share data with colleagues and clients with ease. Log into a shared system that allows you to access one another’s most up-to-date data, while providing instant backups for security.
  • What is blockchain technology?
    Blockchain is a type of technology that records transactions across many computers. When using blockchain, transactions can’t be retroactively edited or changed. Unlike traditional databases, blockchain operates in a decentralised network of computers known as nodes. This ensures transparency and reduces the risk of a single point of failure.
  • Is blockchain technology secure?
    Yes, open banking is a safe way of storing and sharing data, as once data has been added to the database, it cannot be changed. Therefore, blockchain technology creates a secure source of truth, as the data is immutable.
  • What is open banking?
    Open banking is a way of securely sharing financial information between banks and third-party service providers. What does this mean for you? Open banking gives you more control over your financial information and allows you to easily share it between apps and different businesses—simplifying payments.
  • Is open banking safe?
    Open banking is a safe method of sharing information, and offers your practice data protection. It’s regulated by the Financial Conduct Authority (FCA) which ensures UK financial services firms are following stringent rules.

Expert Insights for CCH iFirm Validate

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What is open banking and how can it benefit accountants?
What is open banking and how can it benefit accountants?
Open banking provides immutable security for accountants during audit and accounts preparation. In this blog we explore the benefits of open banking and blockchain, examples, why it's secure.

Learn more about what open banking and blockchain technology can do for you.
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eBook: How to make your audit and accounts preparation more efficient
eBook: How to make your audit and accounts preparation more efficient
Audit is an inefficient process, but what if it didn't have to be this way?
Remove inefficiencies from audit using open banking and blockchain. Swap manual work for automation and take bank confirmations from weeks to days.

Read the eBook to learn how open banking and blockchain can enable easy bank confirmations.
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