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How to document a Financial Statement procedure with Financial Statement Suite

Overview of Financial Statement Suite (FSS) and the financial statement procedures it automates, including mathematical accuracy, internal consistency, and prior year consistency.

Financial Statement Suite (FSS) is a paid add-on module for DataSnipper that automatically analyzes financial statements and helps perform and document procedures for mathematical accuracy, internal consistency, language accuracy, prior year consistency, and version comparison.

Video tutorial

What the video covers

An overview of Financial Statement Suite, the procedures it automates, and how to get started with a tick and tie project.

What you can do with Financial Statement Suite

  • Validate the mathematical accuracy of totals and subtotals

  • Verify internal consistency of amounts across notes and statements

  • Perform a language accuracy and spell check

  • Validate prior year consistency by comparing two financial statement versions

  • Compare different versions of the same financial statement to spot changes

Financial Statement Suite is a separate paid add-on module, supported by DataSnipper v4.0 and later.

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