The cloud-native automation platform for modern AI-driven financial audits.
AuditFile is a sophisticated, cloud-native audit automation platform designed specifically for CPA firms, internal auditors, and governmental entities. By 2026, it has solidified its market position as the leading AI-augmented solution that bridges the gap between traditional materiality assessments and real-time data analytics. Its architecture is built on a multi-tenant cloud infrastructure that prioritizes high-speed trial balance synchronization and automated risk-based auditing. The platform integrates deeply with the AICPA’s standards, offering dynamic workpaper templates that evolve based on specific engagement risks. Technically, AuditFile utilizes machine learning to flag outliers in transaction data and automates the population of financial statements from the trial balance. Its open ecosystem allows for seamless data ingestion from major ERPs and accounting suites like QuickBooks and Xero. As firms face increasing pressure for audit quality and transparency, AuditFile provides a centralized hub for PBC (Provided by Client) document management, version-controlled workpapers, and secure reviewer sign-offs, significantly reducing the manual overhead traditionally associated with the audit lifecycle.
Automatically links identified risks of material misstatement (RMM) to specific audit procedures across the workpaper set.
Verified feedback from the global deployment network.
Post queries, share implementation strategies, and help other users.
Client-facing document request system with automatic status updates and encrypted file transfer.
Proprietary engine that maps trial balance data directly into formatted financial statement drafts.
Advanced algorithms for aggregating multiple trial balances with automated elimination entries.
Standardized documentation folders and sign-off timestamps designed for AICPA peer review compliance.
AI-driven analysis of general ledger dumps to identify unusual transactions based on Benford’s Law and outlier detection.
Immutable audit trails for every change made to workpapers, with timestamped user attribution.
Manually managing thousands of Excel workpapers across multiple auditors leads to versioning errors.
Registry Updated:2/7/2026
Sign-off digitally
Ensuring compliance with federal grant requirements and specialized reporting formats.
Internal teams need to monitor controls year-round rather than just annually.