First-pass audit fieldwork that lives in Excel.
Our AI agent generates new workpapers, rolls forward prior-year workpapers, and performs first-pass substantive testing.
What first-year staff actually spend time on.
Most fieldwork is rote work that doesn't need judgment. Illustrative breakdown of a typical mid-market private audit.
Inside an engagement.
The actual workflow auditors walk through within First-Pass, from setup to substantive testing.
Client Information
Input client name, fiscal year end, framework, and industry to drive industry-specific templates and assertion-risk mapping downstream.
Materiality
Input engagement materiality to drive scoping, sample sizes, and exception flagging across every downstream test.
Planning & Risk Questionnaire
Identify current-year significant business changes, identify CY audit risks, and give the AI context to modify the audit approach from PY.
Source Files
Upload prior-year signed audited financials (PDF) and current-year trial balance (Excel, CSV, or PDF).
Generate
Generate the audit binder (scoping memo + assertion plan + lead sheets) and the standalone assertion-risk matrix workbook from the inputs above.
Support and Workpapers
Upload source documents and generate workpapers by financial-statement line item. Expand each FSLI to upload its supporting schedules and open its workpapers.
SCOPING RATIONALE (AR): Positive confirmations on concentrated customers, subsequent-cash testing, aged-AR analytics, and cut-off testing around year-end. Concentration + fraud risk elevates this to High.
TESTING PROCEDURE: Performed substantive analytical procedures over AR in two parts. (1) DSO trend — computed Days Sales Outstanding (AR ÷ Revenue × 365) for the prior and current fiscal year and compared the YoY change to the industry benchmark (~72 days). (2) Aging mix — compared CY vs. PY aging distribution by bucket. Tied opening figures to PY audited balances and CY to the CY TB.
| Metric | FY 2022 | FY 2023 | FY 2024 | YoY Change | YoY % |
|---|---|---|---|---|---|
| Revenue | 6,820,000 | 7,610,000 | 8,240,000 | 630,000 | 8.3% |
| AR, net | 1,390,000 | 1,620,000 | 1,840,000 | 220,000 | 13.6% |
| DSO (days) = AR / Revenue × 365 | 74.4 | 77.7 | 81.5 | 3.8 | 4.9% |
| Industry benchmark | 72 | 72 | 72 | — | 0.0% |
| Aging Bucket | FY 2023 Amt ($) | FY 2023 % | FY 2024 Amt ($) | FY 2024 % | $ Change | % Change |
|---|---|---|---|---|---|---|
| Current | 1,247,400 | 77.0% | 1,252,200 | 68.1% | 4,800 | -8.9% |
| 1–30 Days | 275,400 | 17.0% | 340,400 | 18.5% | 65,000 | 1.5% |
| 31–60 Days | 81,000 | 5.0% | 228,500 | 12.4% | 147,500 | 7.4% |
| 61–90 Days | 16,200 | 1.0% | 14,900 | 0.8% | (1,300) | -0.2% |
| 90+ Days | 8,100 | 0.5% | 8,200 | 0.4% | 100 | -0.1% |
| Credits | (8,100) | -0.5% | (4,200) | -0.2% | 3,900 | 0.3% |
| Total | 1,620,000 | 100.0% | 1,840,000 | 100.0% | 220,000 | — |
A generated workpaper — built from your trial balance, AR aging, and prior-year audit
Built for firm-grade trust.
Zero-retention API
Client data is never stored or trained on. Verified at every code path that sends client content.
Audit trail on every cell
Source, prompt, and reasoning saved with each generated workpaper cell.
Never auto-concludes
First-Pass flags exceptions; auditors form opinions. By design.
Framework templates
Distinct templates for AICPA, IFRS, and PCAOB engagements.
Per-seat pricing.
14-day free trial. No card required during beta. 30-day money-back guarantee on paid plans.
Starter
$249/user/mo
For small CPA firms with 1–5 users. Limited engagements and AI runs.
Start free trialPro
$499/user/mo
Full testing workflows and integrations. The full First-Pass.
Start free trialEnterprise
Custom
SSO, audit logs, advanced controls, and dedicated support for large firms.
Talk to salesStart your 14-day trial.
No card during beta. Walk one engagement through First-Pass and decide if it pays for itself.