Compare/Audit software

CORAA vs generic audit software.

Audit software gives your staff a place to build and store working papers. CORAA starts from the client’s books and produces the working papers. The two answer different questions.

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Side by side

Criterion	Fulfilled by CORAA	The alternative
What it does	Reads the trial balance, general ledger, bank statements and draft statements, tests the ledger and produces the working papers.	Provides a framework, templates and storage in which your staff build the working papers.
Who does the work	CORAA AI drafts the file and CORAA Network reviewers clear every flag. Your firm reviews it.	Your staff.
Starting point	The client’s books and documents.	A blank or templated engagement file.
Ledger testing	Fixed rules, the same on every run, each finding naming the rule that raised it.	Depends on the product and on how your team configures it.
Output	Working papers in Excel and PDF: lead schedules, findings with proposed entries, the review trail and the mapped trial balance in Excel, for your team to import into CCH Axcess or Caseware.	The workpapers your team builds and stores in it.
Review	Every flag cleared with a name, time and reason, then your manager and partner.	Your team’s own process.
Pricing structure	A flat fee per audit, set by entity size.	Set by the product.

How the two fit together

They are not exclusive. The mapped trial balance comes in Excel, ready to import into CCH Axcess or Caseware, so a firm that keeps its engagement files in its existing tool can use CORAA for the working papers and keep the final file where it already lives.

If your firm needs a system of record for the whole practice, workflow and sign-off, general audit software does that. CORAA does not replace it.

What your firm does either way

Whether you use CORAA or use audit software, these responsibilities do not move.

Accepting the client

Client acceptance, the engagement letter and the independence evaluation are your firm’s.

Reviewing the work

Your manager and partner review the file as they would any staff-prepared file, and document that review.

Signing the report

Your firm issues the report. CORAA never signs, issues or reports on anything.

Free resources for this work

Guides, templates and calculators on this site that cover the same ground. All free to use.

GuideAudit Working Papers: Types, Examples and How to Prepare Them GuideAI in Auditing: How Small CPA Firms Can Use AI Responsibly GuideAn AI Governance Framework for CPA Firms: Policy, Inventory, Review and Monitoring TemplateReview Checklist for AI-Assisted Work GuideAuditing a Client on QuickBooks Online: Reports, Controls, Audit Trail and Common Problems GuideAudit Data Analytics and Full-Population Testing: What the Standards Allow and What They Require

Questions firms ask

No. CORAA AI drafts the working papers, and the mapped trial balance comes in Excel for your team to import into CCH Axcess or Caseware. Your engagement file can stay in the tool you use today.

The ledger is tested by fixed rules, not a chat model. The same books produce the same findings on every run, and each finding names the rule that raised it. AI reads documents such as invoices and bank statements, and each value links back to its source line.

Working papers in Excel and PDF, the mapped trial balance in Excel, for your team to import into CCH Axcess or Caseware, and the review trail.

Before any upload you get our security and data-handling pack, an NDA and a data processing agreement. Files are encrypted at rest and in transit.

Your first audit is free. After that, a flat fee per audit, set by the size of the entity: revenue, transactions and number of entities. Messy books are included, never a surcharge.

Sources: AICPA Statements on Auditing Standards, currently effective

More in compare

CompareCORAA vs building an in-house prep teamA permanent team your firm builds, compared with a flat fee per file.CompareCORAA vs hiring remote contractors directlyYour firm as employer or contracting party, compared with a finished file from CORAA Network reviewers.CompareCORAA vs outsourced bookkeeping firmsKeeping the client’s books, compared with drafting audit working papers from them.

For US CPA firms

Join the CORAA waitlist

CORAA AI drafts audit working papers from your client’s QuickBooks books and does the first pass: lead schedules, tie-out, memos, draft notes and letters. CORAA Network reviewers clear every finding. Your firm reviews and signs.

First audit free, so you can judge the quality on a real file
Flat fee by entity size; messy books included
We work only with CPA firms, never their clients

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