aibot88 Audit Trail Verifier
Overview
The Audit Trail Verifier skill provides systematic verification of financial data against source documentation during due diligence. It traces reported metrics back to bank statements, contracts, and other primary sources to validate accuracy and identify discrepancies.
Capabilities
Bank Statement Reconciliation
- Match reported revenue to bank deposits
- Verify cash balance accuracy
- Reconcile payment timing differences
- Identify unexplained discrepancies
Contract Verification
- Match revenue recognition to contract terms
- Verify pricing and payment terms
- Check contract status and renewal dates
- Validate customer counts against contracts
Invoice and Payment Tracking
- Trace invoices to payments received
- Analyze days sales outstanding (DSO)
- Identify collection issues
- Verify accounts receivable aging
Expense Verification
- Match expenses to supporting documentation
- Verify vendor contracts and commitments
- Check employee payroll against records
- Validate equity compensation records
Usage
Verify Revenue
Input: Reported revenue, bank statements, contracts
Process: Trace revenue to sources, reconcile differences
Output: Verification report, discrepancy list
Reconcile Cash
Input: Reported cash, bank statements
Process: Compare balances, identify differences
Output: Cash reconciliation, unexplained items
Verify Contracts
Input: Customer list, revenue claims, contract files
Process: Match contracts to revenue, check terms
Output: Contract verification summary, issues found
Audit Expenses
Input: Expense reports, supporting documentation
Process: Sample and verify expenses, check approvals
Output: Expense audit results, policy compliance
Verification Categories
| Category | Key Verification Points |
|---|---|
| Revenue | Bank deposits, contracts, invoices, recognition timing |
| Cash | Bank statements, reconciliations, restricted cash |
| Receivables | Aging, collectability, concentration |
| Payables | Vendor agreements, payment terms, accruals |
| Payroll | Employment records, compensation agreements |
Integration Points
- Financial Due Diligence: Core verification for financial DD
- Financial Model Validator: Validate historical data accuracy
- Legal Due Diligence: Coordinate contract reviews
- Financial Analyst (Agent): Support verification work
Red Flags
- Revenue not matching bank deposits
- Large reconciling items without explanation
- Significant revenue concentration in month-end
- Missing or incomplete contract documentation
- Unusual related party transactions
- Unexplained cash movements
Best Practices
- Request direct bank feeds or certified statements
- Sample test across periods, not just recent
- Focus on material items and unusual patterns
- Request management explanations for discrepancies
- Document verification trail thoroughly