Auditing US public companies under PCAOB standards with Inflo Workpapers

Inflo is committed to providing industry-leading technology, backed by robust audit methodologies. As we continue to evolve our platform and content to meet wider global audit standards , we’re excited to announce that firms auditing U.S. public companies under PCAOB standards and SEC regulations can now do so with confidence using our expanded Digital Audit methodology content available within Inflo Workpapers.

What have we released?

Our new “US Audit – PCAOB” content pack is compliant with all relevant PCAOB standards and SEC regulations. Having mapped our digital audit methodology directly against the applicable standards, you can now operate with the peace of mind that Inflo’s platform complies with the most stringent requirements and regulations for auditing publicly traded companies.

Building on our trusted ‘US Audit’ content pack , the new PCAOB pack leverages the full capabilities of Inflo Workpapers for a public company setting, while preserving the familiar, proven workflow of conducting an audit “the Inflo way”.

What are the features?    

We are proud to introduce a series of exciting new features available in  the new “US Audit – PCAOB” content pack including:

• A suite of advanced features built specifically for PCAOB engagements to manage, assess and document, and communicate critical audit matters, misstatements and control deficiencies
• Advanced PCAOB-specific workflows designed for scoping and determining the materiality of components in group scenarios
• A comprehensive range of notifications and warnings throughout Inflo’s user interfaces to ensure high-quality planning by ensuring appropriate linkages are made and users are notified where this isn’t the case
• End-to-end controls documentation – from identification, to sampling and testing , catering for a wide range of control types and specifically customized for each.
• Advanced functionality to document IT Applications, in addition to wider IT Systems, also built into Inflo’s IT General Controls and IT General Controls-Management Review Control methodology for performing tests of controls.
• A controls matrix allowing users to view every risk (and the controls which address this), as well as vital control information relating to design, implementation and operating effectiveness.

As a leading technology and methodology provider, we are delighted to not only help our customers remain compliant with the evolving regulatory landscape, but to continually improve their user experience to empower them to deliver an exceptional service to their clients.