Frequently Asked Questions
Find answers about CORAA AI Assistants, security, compliance, and how we help audit firms automate their work.
About CORAA
What is CORAA?
CORAA is an AI-powered audit automation platform designed specifically for professional audit firms in India. We provide AI Agents that automate ledger scrutiny, vouching, reconciliation, working paper generation, and audit workflows - helping you move from 2% sampling to 100% data coverage while maintaining full audit control.
How is CORAA different from ChatGPT or other AI tools?
CORAA is audit-native, not a generic AI chatbot:
- Built for auditors: Understands ledgers, vouchers, GST, TDS, and Indian compliance
- 100% data coverage: Analyzes all transactions, not samples
- Audit-ready outputs: Generates working papers, not chat responses
- India-hosted & DPDP compliant: Your client data never leaves India
- Complete audit trails: Every action is logged and traceable
- No training on your data: Client data is never used to train AI models
What audit tasks can CORAA automate?
CORAA provides 6 core AI Agents:
- Scrutiny Agent: Full-population ledger analysis, journal entry analytics, cut-off validation
- Vouching Agent: Automated invoice matching, OCR extraction, mismatch detection
- Reconciliation Agent: GST & TDS reconciliation, ITC validation, deduction checks
- Working Paper Agent: AR/AP aging, fixed asset schedules, custom templates
- Workflow Agent: Audit engagement control, review layers, progress tracking
- Chat Agent: Interactive queries on audit data with source citations
Getting Started
How do I get started with CORAA?
Getting started is simple: 1) Click on Start Free Trial - we will connect and setup your account, 2) Setup your client data room and upload relevant ledgers or files, 3) Start your audit process. We also offer live demos - book one at app.apollo.io/#/meet/CORAA-AI/Audit-Assurance.
Do I need to change my audit process?
No. CORAA fits into your existing audit workflow. You continue using your firm's methodology and templates - CORAA just automates the repetitive tasks like data extraction, matching, and analysis. You maintain full control over audit judgment and sign-off.
How long does implementation take?
Most firms are up and running within 5-10 minutes. Simply upload your data and start analyzing. For larger firms wanting custom templates or integrations, we provide onboarding support and can have you fully set up within 1-2 days.
What data formats does CORAA accept?
CORAA accepts Excel files, CSV, PDF vouchers, scanned invoices, and direct exports from Tally, SAP, and other ERPs. We automatically parse and structure the data - no manual formatting required.
Data Security & Compliance
Is my client data safe?
Yes. CORAA follows enterprise-grade security:
- India-hosted: All data stored within India, never transferred overseas
- Encryption: AES-256 encryption at rest, TLS 1.3 in transit
- Isolated workspaces: Each firm operates in a separate environment
- No AI training: Your data is never used to train AI models
- Certified: ISO 27001:2022, SOC 2 Type II, GDPR & DPDP aligned
- Full deletion: You can delete all data at any time
Is CORAA DPDP compliant?
Yes. CORAA is fully aligned with India's Digital Personal Data Protection Act (DPDP). All data is hosted in India, we maintain strict data segregation, provide full audit trails, and give you complete control over data deletion. We never share client data without authorization.
Can I use CORAA for confidential audits?
Absolutely. CORAA is designed for professional audit firms handling sensitive financial data. We provide role-based access control, complete audit trails, and cryptographic security. Many firms use CORAA for statutory audits, tax audits, and internal audits of listed companies.
How long is data retained?
Data is retained as long as you need it for your audit work. You have full control to delete client data at any time. We recommend keeping data for your firm's standard retention period (typically 7-10 years for audit documentation), but this is entirely your choice.
Features & Capabilities
What is "full-population analysis"?
Instead of sampling 2-10% of transactions (traditional audit approach), CORAA analyzes 100% of your ledger data. This means every transaction is reviewed, reducing sampling risk and strengthening audit defensibility during peer review or regulatory inspection.
Can CORAA handle GST and TDS reconciliation?
Yes. The Reconciliation Agent automatically matches books vs GSTR-2A/3B, identifies ITC mismatches, validates TDS deductions, checks threshold applicability, and generates reconciliation schedules. It handles vendor-level discrepancies and flags short/excess deductions.
Does CORAA generate working papers?
Yes. CORAA generates audit-ready working papers including AR/AP aging, fixed asset schedules, depreciation workings, TDS classifications, and custom templates. You can use CORAA templates or upload your firm's own formats.
Can I customize reports and templates?
Yes. While CORAA provides 100+ pre-built audit templates, you can also upload your firm's custom templates. The Working Paper Agent will generate outputs in your format, maintaining your firm's branding and structure.
Does CORAA integrate with Tally or other ERPs?
Yes. CORAA can import data directly from Tally, SAP, and other ERPs. You can also upload Excel/CSV exports. For enterprise clients, we offer API integration for automated data sync.
Pricing & Plans
How much does CORAA cost?
CORAA offers two plans: Auditor Plan (for independent auditors and small practices) and Audit Firm Plan (for firms needing collaboration and advanced features). Contact us for detailed pricing based on your firm size and needs. We offer flexible pricing tailored to audit firms.
Is there a free trial?
Yes! Click Start Free Trial and we will connect with you to setup your account. Try all features with your actual audit data and see the results before committing.
What's included in the Auditor Plan?
The Auditor Plan includes: Unlimited chats with documents, Unlimited OCR for all document types, Unlimited client accounts, Bulk import & smart attachments, Cryptographic ledger & audit trail, and access to all 6 AI Agents.
What additional features does the Audit Firm Plan offer?
The Audit Firm Plan adds: Role-based user management, Data access APIs & system integration, Priority support & success manager, Enhanced storage & security, and Onboarding, migration & training support.
Technical & Support
Do I need technical expertise to use CORAA?
No. CORAA is designed for auditors, not IT experts. If you can use Excel and email, you can use CORAA. The interface is intuitive - upload data, click analyze, download results. We also provide training and support.
What if I need help?
We provide multiple support channels: Email support (hello@coraa.ai), Live chat during business hours, Video tutorials and documentation, and for Audit Firm Plan clients, a dedicated success manager. Response time is typically under 4 hours.
Can CORAA handle multiple clients simultaneously?
Yes. Each client gets a dedicated data room with complete isolation. You can manage unlimited clients, switch between them instantly, and maintain separate audit trails for each engagement.
Does CORAA work on mobile devices?
Yes. CORAA is web-based and works on any device with a browser - desktop, laptop, tablet, or mobile. Access your audits from anywhere, anytime.
Audit Standards & Compliance
Does CORAA comply with Indian audit standards?
Yes. CORAA is built on Indian audit and regulatory standards including IND AS, AS Standards, Companies Act 2013, GST Framework, and TDS/Income Tax Act. The AI understands ledger structures, section thresholds, and statutory reporting logic specific to India.
Can I use CORAA for statutory audits?
Yes. CORAA is designed for statutory audits, tax audits, internal audits, and limited reviews. The outputs are audit-ready and include complete documentation, audit trails, and evidence linking required for professional audit work.
Will CORAA outputs be accepted by regulators?
Yes. CORAA generates professional audit documentation with complete audit trails, source references, and confidence scores. The outputs meet audit documentation standards and are accepted by regulators, peer reviewers, and quality control reviewers.
Does CORAA replace the auditor?
No. CORAA is an AI Assistant, not a replacement. It automates repetitive tasks (data extraction, matching, analysis) but all audit judgment, professional skepticism, and sign-off remain with the auditor. You maintain full control.
Still have questions?
Schedule a live demo or start your free trial to see CORAA in action.
Or email us at hello@coraa.ai