Adjusted Trial Balance
Apply the proposed adjusting entries to the ledger and prove the adjusted trial balance.
- Ledger + proposed adjusting entries
- Key analysis in Completion
How the result is read
The figures the opinion covers are the ledger after the adjustments management agrees to make (ISA 450.8, AU-C 450.08). Each proposed entry is checked before it is applied: it must balance, and every account it names must exist, or the adjusted balances are wrong in a way nobody will see. An entry the client has already booked is in the closing balance and is not added twice; a waived one stays out and belongs on the summary of uncorrected misstatements. The adjusted trial balance must still sum to nothing.
In the application
Adjusted Trial Balance is filed under Completion, index letter L. "Run all analyses" runs it with every other analysis the ledger and the documents loaded can answer. The worksheet states the population it tested on its face — or "Not applicable" with the reason when a column it depends on is empty — and the Excel workbook the engagement exports files it under L, beside an index of the source files with their SHA-256 fingerprints.
Read it with
Run your next audit file test without the Excel crash.
One free engagement to evaluate, valid 60 days. The ledger never leaves the machine.
- 20 minutes
- Runs on a fictional engagement
- No client data required