ADVANCED SOLUTION FOR AUDITING

Audomatick is an advanced solution to automate manual processes and is fully equipped with templates for comprehensive risk assessments, detailed planning documentation and interactive dashboards to get the visibility of progress of audit on a simple click. 

Why Choose Audomatick?

Audomatick provides comprehensive support to audit based on International Standards on Auditing (ISAs). Tailored audit checklists and templates fulfil the requirements of International Financial Reporting Standards (IFRSs), International Financial Reporting Standard for Small and Medium-sized Entities (IFRS for SMEs) and Revised Accounting and Financial Reporting Standard for Small-Sized Entities (AFRS for SSEs).

Smart Trial Balance Integration

Integrates client trial balances through a standardized Excel template upload to streamline audit planning.

Controlled Access for Secure Data

Ensures secure, role-based access to sensitive client work files to protect confidential information.

Processing of Adjusting Entries

Automatically syncs adjustment entries across all related audit areas for efficient, accurate updates.

Instant Assignment Tracking and Updates

Track audit assignments in real-time, regardless of location, to enhance team collaboration and efficiency.

Audit Review Points Oversight

Streamline review processes and effectively manage and delegate review points for a smoother audit flow.

Automation of Manual Tasks

Reduces human error by automating repetitive tasks, freeing up resources for more strategic activities.

Compliance with Local Laws

Ensures compliance with local regulations while monitoring and documenting any instances of non-compliance.

Dynamic Real-Time Dashboards

Provides visual dashboards to monitor audit activities and financial performance in real-time.

Comprehensive Financial Statements

Generates detailed financial statements with notes and drilldowns for accurate client-specific reports.

Comprehensive Support for Audit Planning

Supports audit planning and risk assessment with compliance to International Standards on Auditing (ISA).

Efficient Paperless Workflow

Minimizes reliance on physical documents, enhancing collaboration and simplifying documentation management.

External Confirmations

Manages external confirmations with detailed status tracking to enhance audit efficiency.

Roles-Based Access Control

Enforces secure, role-based access to ensure sensitive data protection and workflow efficiency.

Built-In Calculators for Complex Audit Areas

Simplifies specialized tasks like IFRS 16 calculations, present value assessments, and more.

Built-In Substantive Audit Templates for Accuracy and Efficiency

Pre-built templates guide auditors through audit procedures for enhanced accuracy and speed.

Live Analytics for Effective Audit Oversight

Real-time analytics track progress and discrepancies, ensuring audit accuracy and alignment.

Comprehensive Findings Tracking and Analysis

Tracks and analyzes findings to identify high-risk areas and ensure effective resolution.

Efficient and Accurate Group Audit Consolidation

Organizes consolidation tasks and resolves group component discrepancies effectively.

Centralized EQCR Review for Quality Assurance

Enables centralized quality control with EQCR access to all audit activities.

Compliance with Listed Companies (Code of Corporate Governance) Regulations, 2019

Simplifies compliance with corporate governance regulations, streamlining documentation and workflows.

Other Features

Powerpacked with special features for making auditing a breeze

Review Desk
Comprehensive Review Desk allows you to review your assignment remotely.

Automation
Automation of Manual Tasks reduces repetitive work and increases productivity, accuracy and time saving.

 

Dashboards
Dynamic Real Time Dashboards give a visualized tracking of audit progress for effective management of assignment well in-time.

 

Statements Generator
Financial Statements Generator uses state-of-the-art algorithms to generate financial statements with detailed notes.

 

Tracking and Analysis
Audit Findings Tracking and Analysis allows recording and tracking of audit findings to prioritize high risk issues.

24-hour chat support

99.99% uptime during the last 12 months

Security & privacy policy

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Experience a smarter, more efficient way to streamline your financial audits.

Contact Details

Development Partner

FA Consultants