Everything the audit discovered. Reflected in the final deliverables.
Validate connects the work performed throughout the audit directly to financial statement review, audit adjustments, deficiencies, disclosures, completion procedures, communications and reporting.
Financial statement tie-out agent
FS — Draft v7412
Tied
11
Changed since v6
4
Exceptions
427 checks: prior-year agreement, maths, internal consistency, agreement to the adjusted trial balance, version changes.
Playing: Draft v7 tied out · 427 checks → Note 6 difference → Draft v9 · 23 changes · resolved
Completion hours
Tie-outs, documentation, version comparison, repetitive procedures.
Audit quality
Findings stay connected to the statements and conclusions.
Time to issue
Surface reporting issues earlier; less back-and-forth.
In action
Reporting & Tie-Out Agents in action.
Reporting Agents tie out financial statements, evaluate completion information and prepare documentation — while continuously checking whether findings elsewhere require action in the statements or the final deliverables.
Financial statement tie-out agent
FS — Draft v7412
Tied
11
Changed since v6
4
Exceptions
427 checks: prior-year agreement, maths, internal consistency, agreement to the adjusted trial balance, version changes.
The difference
The process today, and with Validate.
Traditional completion — separate workpapers, connected by hand
8 steps- 1Substantive testing
- 2Adjustments schedule
- 3Internal controls
- 4Subsequent events
- 5Going concern
- 6Disclosure checklist
- 7Financial statements
- 8Audit report
Validate — connected completion
3 steps- 1Findings across the audit
- 2Connected reporting & completion
- 3Financial statements · adjustments · deficiencies · communications · audit report
Your team reviews the exceptions and approves.
Nothing discovered during the audit should get lost on the way to the report.