Lead schedules are the ఆడిటర్'s primary వర్కింగ్ పేపర్ for every Balance Sheet and P&L head. CORAA composes them automatically from the Universal ఆడిట్ లెడ్జర్. Each schedule shows CY and PY columns with variance analysis. Three-level drill: balance head, లెడ్జర్లు under it, parties under the లెడ్జర్, వౌచర్లు under the party. Tie-out enforced at composition: Total Assets must equal Total Equity plus Total Liabilities.
Two paths to the same audit conclusion. One leaves traces; the other doesn't.
Once లెడ్జర్ Classification's Schedule III dimension is set, every లెడ్జర్ has a Sch III line code. Lead schedules aggregate లెడ్జర్లు by line code using SUMIFS over the Trial Balance.
Click any Sch III line to expand to its constituent లెడ్జర్లు. Click any లెడ్జర్ to see the parties contributing to it. Click any party to see the source వౌచర్లు. Read-only at all three levels; corrections happen via లెడ్జర్ Classification.
CY and PY columns side by side. Variances above 25% flagged for explanation (CARO Rule 11(e) trigger). The variance note feeds CARO 2020 Clause 3(xi)(e) directly.
Every line code from A1 Equity Share Capital through F7 Other Current Assets, plus P1 Revenue through P9 Other Expenses. Division I for AS; Division II for Ind AS.
Three levels deep, all read-only. Corrections happen at the లెడ్జర్ Classification screen, which propagates back to every dependent lead schedule.
Total Assets must equal Total Equity plus Total Liabilities. CORAA refuses to mark a lead schedule 'ready' if the tie-out fails by more than ₹1. Same for the P&L bottom line feeding Reserves & Surplus.
Lead schedules export to standard Excel in the firm's own template format. OneDrive integration means the Excel lives in the firm's cloud, not CORAA's.
