Audits & Reviews
Accounting firms use ProfitCents to streamline preliminary analytics and document expected value calculations when auditing for-profit companies, non-profit organizations, government entities, and financial institutions. ProfitCents also documents the risk assessment phase of each engagement and ensures consistency in the methodology and reporting. By using ratio and vertical analysis with a narrative deliverable that is easy to understand, auditors can enhance an exit conference and impress peer reviewers.
Features & Benefits
Analytical Procedures includes several modules designed to analyze different types of clients:
- For-Profit Companies
- Nonprofit Organizations
- Government Entities
- Financial Institutions
The reports created by Analytical Procedures are commonly used to provide consistent and logical expected values based on historical regression and projections, which are documented for peer reviews. It also includes a comprehensive analysis of text, graphs, ratios, trends, and industry comparisons with the analytical procedures documentation worksheet.