The three faces, Schedule III line by line, with full current-year and prior-year comparatives. The indirect Cash Flow (AS 3 / Ind AS 7) reconciles back to the movement in cash — not a free-typed schedule.
All 11 Schedule III ratios (General Instructions, 2021 amendment) computed deterministically from the face lines. Any year-on-year move beyond 25% is flagged — and auto-drafts the Schedule III explanatory note for the auditor to review, not a blank box to fill at 2 a.m. The figures are computed; the note wording is a first draft for you to edit.
Notes to Accounts auto-derived and tie-out-gated to each face line, so a note can't disagree with the number above it. Management representations carry an explicit "auditor to confirm" tag.
Every Schedule III line opens to the trial-balance groupings and source rows behind it. The mapping is the preparation trail — click a figure, see which TB rows it came from.
Full Schedule III Balance Sheet with the prescribed line items, CY/PY comparatives and the Schedule III rounding policy (rounding unit set by turnover) applied consistently. Built from your mapped trial balance, so the face foots and cross-casts to the audited TB, line for line.
Revenue, expenses and the prescribed disclosures laid out to the Division's format, with comparatives. Exceptional and other-income lines kept distinct rather than netted into a single total.
A reconciling indirect Cash Flow under AS 3 / Ind AS 7 — operating, investing and financing — that ties back to the opening-to-closing cash movement. If it doesn't reconcile, it tells you where, instead of plugging the difference. Small companies often exempt from Cash Flow can switch it off where it doesn't apply.
Division I (AS), Division II (Ind AS), Division III (NBFC) and the LLP / firm format — each with its own line structure and disclosures. Pick the framework; the face follows it, rather than forcing a company template onto an NBFC.
All 11 ratios computed deterministically from the statements — a Schedule III disclosure under the General Instructions (2021 amendment), not a CARO requirement. A move beyond 25% year on year auto-drafts the explanatory note Schedule III requires; the figures are computed, the wording is phrased for the auditor to confirm, edit or reject, never auto-finalised.
Notes auto-derived and tie-out-gated to each face line, exported as an Excel and DOCX pack ready for the working-paper file. Management representations flagged "auditor to confirm" so judgement stays with the engagement team.
Every figure is timestamped, rule-cited and traced to the source trial-balance row, exportable into the working-paper file. It's a preparation working paper a reviewer can re-perform line by line — a clean SA 230 record of how the set was built, not a substitute for the audit evidence you still gather under SA 500.
The same trial balance produces the same statements every run — no sampling, no stochastic drift. Every face line is a full re-computation of its mapped TB rows, not a figure keyed by hand, so the casting and cross-casting are arithmetically guaranteed and your testing effort moves to the heads that matter.
Differences and ratio moves are surfaced against a materiality threshold you set, so the review focuses on what could change the opinion rather than every rounding paisa.
Real trial balances arrive as a Tally, Busy or Excel export with misgrouped heads, multiple GSTINs, prior-period restatements and accounts that don't map cleanly to a Schedule III line. You map them once and reuse the mapping next year; anything that doesn't fit is surfaced for the auditor to route, never silently bucketed into "Other". CORAA presents your audited TB in Schedule III form — it does not audit the ledger or invent the evidence.
Stops retyping the trial balance into a Schedule III template and re-checking cross-casts. The face, comparatives and Cash Flow come pre-built from the mapped ledger, so the day goes to understanding the numbers instead of formatting them.
Opens any face line and sees the groupings and source rows behind it, the ratios already computed, and the >25% notes drafted for review — with the firm's grouping rules applied the same way on every file, across offices. Coaching the file shifts from chasing tie-outs to confirming judgement.
Signs a set where every figure traces to source, the Cash Flow reconciles and the disclosure notes tie to the face. CORAA prepares the draft; the partner audits and signs. The preparation trail is re-performable, so the review stands up when it's questioned.
