-

AI for bank statement analysis: a CPA guide
Read more →: AI for bank statement analysis: a CPA guideA bank statement can show that money moved. It cannot, by itself, explain why it moved, whether it was recorded correctly, or…
-

Audit confirmation software ROI: How CPA firms can measure it
Read more →: Audit confirmation software ROI: How CPA firms can measure itA confirmation can take five minutes to send. It can also consume hours across an audit. Someone prepares the request. Someone checks…
-

What confirmation failures teach auditors about verifying cash
Read more →: What confirmation failures teach auditors about verifying cashCash is easy to understand. It is also easy to misunderstand. A general ledger may show a clean balance. A bank statement…
-

PSD2 and Open Banking in audit confirmations: A practical comparison of compliance approaches
Read more →: PSD2 and Open Banking in audit confirmations: A practical comparison of compliance approachesBank data can now move between institutions and authorized third parties in seconds. For auditors, that creates an opportunity. It also creates…
-

Transaction auditing solution: a practical approach to a more efficient audit
Read more →: Transaction auditing solution: a practical approach to a more efficient auditAuditors rarely struggle because financial data is unavailable. The problem is usually the opposite. There is too much of it. A single…
-

AuditConfirm vs BankVOD: Which platform offers faster bank verification requests?
Read more →: AuditConfirm vs BankVOD: Which platform offers faster bank verification requests?Bank confirmations can become a bottleneck when audit teams are waiting on financial institutions during busy season. For CPA firms evaluating AuditConfirm…
-

SAS 150 external confirmations explained: What auditors need to know
Read more →: SAS 150 external confirmations explained: What auditors need to knowAn unanswered bank confirmation can delay an audit. But the bigger question is whether the evidence ultimately obtained is reliable enough to…
-

AuditConfirm vs Circit: Which confirmation platform actually fits your audit practice
Read more →: AuditConfirm vs Circit: Which confirmation platform actually fits your audit practiceAuditConfirm vs Circit comes down to more than feature lists. For audit firms, the important differences are bank coverage, how confirmation evidence…
-

Audit software for CPA firms: How to cut tool sprawl and build a more connected audit workflow
Read more →: Audit software for CPA firms: How to cut tool sprawl and build a more connected audit workflowA partner from a CPA firm once told me that by lunchtime, her group worked with six different systems. The system for…
