Everything you need for a complying audit file
From automatic referencing and lead schedule generation, through to final sign-off, Codex Audit automates the manual friction in your file preparation.
Let AI do the leg work
Ensuring your client reports are on file and audited, Codex Audit is a standalone system that is not reliant on any connection to administration systems.
Codex Audit eliminates transposition errors and saves time by replacing manual file preparation.
Codex Audit uses advanced AI to scan, file and reference your client’s documents. It identifies all financial report balances, automatically populates your lead schedules and performing financial matching across your file.
Templates you can trust
Codex Audit has licensed the full suite of compliant templates from Super Sphere Pty Ltd’s SMSF Audit Toolkit, including audit plans, various audit programs and letters.
The program tests are dynamic, meaning – no more signing off the property program if the fund does not have property.
Codex Audit allows you to generate tailored engagement letter packs for every fund referred from one accountant in just the click of a button. In an instant, all engagement packs are individually PDF’d, ready to forward to your referring accountant.
Using Codex Audit means your audit file documents will comply with Australian Auditing Standards.
Dynamic Lead Schedules
SMSF audits that are done correctly.
Ensuring your file covers all financial report balances, and that nothing gets missed.
Forget lengthy API generated lists of balances or broken Excel formulas. Our lead schedules are populated directly from the financial reports and feature cross-sheet calculations that update in real-time. If a client report is updated, your work papers are automatically updated.
High-Level Security & Encrypted Workflow
Complete peace of mind knowing your firm’s and your clients’ data is hosted in Australia and protected by rigorous access controls.
Codex Audit is built on a “security-first” architecture. Every document you upload is protected by industry-leading encryption. Our Secure Query Management ensures accountants submit sensitive evidence via one-time encrypted links, keeping client data out of unsecured email inboxes.
Manage your Team and Time
Codex Audit contains an embedded, automatic time-sheeting function. You can track staff time per audit, and generate WIP reports in real time.
Workflow can be easily reviewed and managed with the ability to generate status reports per referring accountant. These reports assist you to view all outstanding queries across every fund in your firm, and can be generated for clients so they can see a global picture of audit progress.
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Compliant Audit Practices
Codex Audit produces a unique output at the end of your audit - a single PDF audit file is generated when the audit is completed. No more hunting through lists of poorly named PDF files to find what you are looking for. No more time wasted looking for a document in the prior year audit file. The completed Codex Audit file is indexed, logical, referenced, book marked and easy to use.
Go paperless and harness the benefits from AI assisted automation all whilst ensuring you prepare compliant SMSF audit files.
All documents and work papers in your audit file are automatically initialed and dated by the file preparer, and where relevant, are initialed and dated by the reviewer in compliance with Australian Auditing Standards.