June 15, 2022
Atlanta, GA. Audit Sight is proud to announce the release of its Journal Entry Testing Module, a groundbreaking solution that streamlines the testing of journal entries while addressing critical requirements under SAS 99. This module provides auditors with the tools needed to assess the completeness of journal entry populations and identify potential anomalies and even fraud—empowering firms to deliver high-quality audits with confidence. 🎉
Simplifying Journal Entry Testing
The Journal Entry Testing Module is designed to tackle one of the most meticulous parts of the audit process. By automating workflows and enhancing data reliability, the module enables audit teams to:
Assess the completeness of journal entry populations with precision.
Identify unusual transactions to meet SAS 99 requirements for fraud detection.
Streamline workflows for faster, more efficient journal entry testing processes.
With a focus on both compliance and efficiency, this module ensures that firms can address regulatory requirements without compromising on speed or accuracy.
Key Benefits for Audit Teams
This innovative module provides significant benefits to audit professionals:
Enhanced Compliance: Automates key processes to meet SAS 99 standards, including the identification of unusual journal entries and outliers.
Time Savings: Streamline workflows and reduce the manual burden of population testing and data analysis.
Improved Accuracy: Ensure a complete and reliable dataset for journal entry testing with advanced automation tools.
"Journal entry testing is a critical component of audit quality and compliance, but it’s often complex and time-consuming," said Jonathan Womack, Co-founder and COO of Audit Sight. "With this module, we’re making it easier for auditors to meet regulatory requirements while delivering fast, accurate results."
A New Standard for Compliance and Audit Excellence
The Journal Entry Testing Module is more than just a tool—it’s a solution that simplifies compliance, reduces inefficiencies, and enhances trust."This launch represents another step in our mission to modernize audit workflows," said T.C. Whittaker, CEO of Audit Sight. "By addressing SAS 99 requirements and ensuring the completeness of journal entry populations, this module empowers auditors to deliver higher-quality audits in less time."
Ready to Transform Your Firm's Journal Entry Testing?
The Journal Entry Testing Module is now available as part of Audit Sight’s platform. 🌟 Learn More Here
Audit Sight remains dedicated to equipping audit professionals with innovative tools that simplify complex tasks, ensure compliance, and enhance client trust. The Journal Entry Testing Module is another step forward in our commitment to driving transformation across the profession. 🚀
Audit Sight is the leading technology platform revolutionizing audit and transaction services by automating financial transaction verification. Our innovative solutions eliminate manual processes, improve efficiency, and enhance trust for auditors, transaction advisory professionals, and private equity providers. Founded by CPAs who are experts in accounting and technology, Audit Sight is committed to delivering tools that empower firms to streamline workflows, reduce risk, and provide greater value to their clients. There is no other solution like it. Trusted by top firms across the nation, we continue to drive transformation in the accounting profession. 🌐 Learn more at www.auditsight.com.
