Use case · Statutory audit

Statutory audit automation.

Automate Companies Act statutory audits with AI-powered ledger scrutiny, CARO reporting, RPT verification, and compliance testing. 100% transaction coverage.

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How Coraa addresses them

End-to-end automation, from data ingestion to audit report.

Ledger

Automated scrutiny

Analyze 100% of ledger entries for unusual patterns, policy violations, and compliance issues, round-dollar transactions, duplicate entries, unusual account combinations.

CARO 2020

Clause verification

Automated CARO clause verification with supporting evidence and workpapers, fixed asset verification, inventory checks, loans and advances.

RPT

Identification & testing

Identify and verify all related party transactions for compliance, arm's length verification, disclosure compliance, board approval traceability.

Working papers

Audit trail

Auto-generate comprehensive working papers with full audit trails, audit-ready documentation, exception reports with evidence, compliance checklists.

How it works

Data to audit report - in four simple steps.

Step 01

Upload data

Trial balance, ledgers, and supporting documents in any format.

Step 02

AI analysis

Coraa analyzes 100% of transactions, identifies exceptions, and flags compliance issues.

Step 03

Review findings

Review AI-identified exceptions, add notes, and validate findings.

Step 04

Generate reports

Export audit-ready working papers, CARO report, and audit documentation.

Faster

70%

Statutory audits completed in days

Coverage

100%

Every transaction, every ledger

Sampling risk

Every exception flagged

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Transform your statutory audit practice

Audits that close themselves.

സൗജന്യ ട്രയൽ — ആദ്യ ഓഡിറ്റ് ഞങ്ങളുടെ വക. ഇന്ത്യയിൽ ഹോസ്റ്റ് ചെയ്തത്. DPDPA പാലിക്കുന്നു.

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