Frequently Asked Questions

Yes.  The system is delivered with several audit templates, including topics such as Small Business Financial Audit, Non-Profit Financial Audit, etc.  In addition there are templates tailored for an Account Review.

New audit templates are added regularly.  If you have a specific request, let us know!

Follow this link to make any changes to your existing subscription.

The system includes several specific functions for assisting an auditor.  For example if desired the system can generate detailed instructions about your current audit procedures, including explanations for specific tasks, specific issues to look for, and ramifications for failure.

Of course common AI features such as simple proofreading or rephrasing are also included.

Absolutely.  You can add or modify procedure descriptions, steps, documentation requirements, and so on.  Our AI Audit Assistant features will adapt to use your new procedure or instructions.

You can also use your own templates for things such as Enagement Memos or Vendor Letters.

These types of changes can be made directly to the templates if desired, or you can create new templates from a completed audit at any time and any changes you have made in the course of the audit will be incorporated into your new template.

The AI system automates data retrieval once you select an audit template. It identifies the exact QuickBooks data needed for the required procedures, connects to the client's QuickBooks dataset (a connection is required), downloads the necessary reports into spreadsheet format, and then links those reports directly to the audit and each specific procedure.

Yes.  If desired these changes can be incoporated into the audit templates (see above).

Yes we include an audit template, complete with procedure and documentation requirements, for evaluating a non-profit organization.  This template includes Non-Profit specific areas such as Functional Expense Allocation.

No, evidence data can always be gathered as usual and uploaded into the system for organization.

Yes the system provides a complete workflow for managing results, workpaper documents, findings, and related data items.  If desired our multi-user systems can also integrate a review cycle of documents and procedures.

Yes.  If desired an entire audit, including results, findings, and added documents can be collected and downloaded as a single .zip file either for record keeping or to be passed to another entity for review.