Transform Journal Entry testing with our new solution
Jonathan Womack, CPA
March 22, 2024
Transform Your Audit Workflow with Audit Sight's Latest Journal Entry Testing Package
Audit Sight is revolutionizing the way auditors approach journal entry testing. With our new feature updates, auditing professionals can now experience unmatched efficiency and accuracy.
Journal Entry Package:
Getting Data from your clients: Audit Sight has 8 accounting integrations and over 30 instruction guides to provide to your client, making data acquisition as easy as possible.
Testing Journal Entry Completeness Seamlessly: Audit Sight now generates a journal entry completeness test that fulfills SAS 99 requirements, streamlining the audit procedures right from the start. We make sure your population is both complete and accurate. This eliminates hours from your audit budget for only $100.
Journal Entry Data Healing: Does your client struggle to export their general ledger with transaction IDs or other key fields? Need worry no more. Audit Sight's new data healing algorithm creates unique journal entry IDs based upon the posting date, description, or memo.
Audit Sight Journal Entry Slicer: Our newly developed algorithm skillfully splits batch journal entries into individual components. This exceptional feature simplifies data analysis, turning what used to be an exhaustive task into an effortless routine. THIS IS A GAME CHANGER FOR AUDITORS ACROSS THE WORLD.
Intelligent Grouping for Revenue and Expense Entries: We've enhanced the system to intuitively group revenue and expense journal entries by their unique combinations, facilitating a streamlined audit process. This allows auditors to quickly identify where revenue and expenses are coming from.
Unprecedented Benefits:
Dramatic Cost Reduction: By eradicating up to 80% of hours spent on preparing the journal entry testing, firms are seeing dramatic increases in year over year profitability.
Enhanced Data Precision: With the use of these features, auditors can place their confidence in the accuracy of their testing, eliminating sampling basis and human error.
Witness the Impact:
With Audit Sight, you're not just adopting a new feature; you're investing in a future where audit efficiency and effectiveness are paramount. Join the ranks of forward-thinking auditors who have embraced these groundbreaking advancements.
Want to learn more? Subscribe for business insights, auditing updates, automations your team can use and more.
Ready to get started?
Join a growing network of auditors, diligence and private equity providers who are simplifying how they do business with Audit Sight.