How to validate the internal consistency with the Financial Statements Suite

Easily review the internal consistency of the amounts in the financial statements. Quickly cross-reference amounts to their occurrences within the same document.

About the Financial Statement Suite

The financial statement suite is a paid platform module. Designed to perform and review financial statements. Increase audit quality, while boosting efficiency. Leverage DataSnipper's AI and automation technology to increase your audit quality and efficiency.

 

Choose your Financial Statement Suite version to learn more about validating Internal Consistency:

👉 DataSnipper version 4.0

👉 DataSnipper version 4.1 and later

 

DataSnipper v4.0 - Validate Internal Consistency

  1. Begin by clicking the Financial Statement Suite button in the top right-hand corner of the DataSnipper tab within excel
  2. Click 'Next' from the Mathematical accuracy tab or select the 'Internal Consistency' tab within the Financial Statement Suite window to move on to verifying the internal consistency.
  3. Click on a number and select the appropriate occurrence which pops up.
  4. The other occurrence will show up on the 'Secondary View' page in the bottom right of your window.
  5. You can then click on the number to enter a tickmark which verifies the internal consistency or right-click to add findings, highlights, or clear a tickmark.

Internal Consistancy

Please note that the Financial Statement Suite is a separate paid add-on module and supported by DataSnipper version 4.0 and up.

 

DataSnipper v4.1 - Validate Internal Consistency

  1. Begin by clicking the Financial Statement Suite button in the top right-hand corner of the DataSnipper tab within Excel.
  2. Select the 'Internal Consistency' tab within the Financial Statement Suite window to move on to verifying the internal consistency.
  3. Click on one of the highlighted findings on the sidebar and the occurrences will pop up.
  4. You can see the occurrences on the second screen by hovering over them on the pop-up.
  5. Using the pop-up, you can add comments, choose references, add a manual reference, add a custom tickmark or remove the tickmark. 

    IC v4.1

Please note that the Financial Statement Suite is a separate paid add-on module and supported by DataSnipper version 4.0 and up.