Demo only

Build Business Understanding (BU)

For financial audit purposes, produced by the engagement data, utilising the power of AI

Standard: ISA 315

This working paper follows ISA 315 — Identifying and Assessing the Risks of Material Misstatement, covering all 7 ISA 315 pillars: entity & environment, industry & regulatory, ownership & governance, accounting framework, IT & controls, financial performance, and risk assessment.

How it works

  1. 1 Upload Engagement Data — onboarding, trial balance, and general ledger
  2. 2 Review Imported Data — before sending to the pipeline
  3. 3 Data Preparation — AI-assisted readiness check
  4. 4 Business Understanding — AI generates the narrative report
  5. 5 Export — save the working paper as a PDF