Auditors use Calcbench for document research, to improve audit planning, conduct analytical procedures, substantive testing, and risk analysis with significantly greater efficiency and cost effectiveness by leveraging the power of XBRL data.
Our Footnotes Query
allows auditors to examine how different disclosures are reported in a client’s industry and peer group. Annual and quarterly reports, proxy statements, comment letters & earnings releases. Pinpoint searchable and easy to compare individual sections over time and across company.
Build Expectation Models
Calcbench's
Premium Suite
makes it easier for auditors to build expectation models by collecting normalized financial data for their clients and their clients’ peers and including that data in the expectation models.
Conduct Risk Assessments
Using our Company in Detail and
Multi-Company
tools, auditors can quickly review a client’s financial data over time to understand trends and identify anomalies and risks. This analysis is enhanced by comparing and benchmarking the client’s data against peer’s data.
Auditor and Audit Fee Standardized Data
Audit fees, audit related fees, auditor tax fees and other auditor fees, plus auditor name and start year. Also, flags from the Audit Report, and Managament Controls & Procedures report highlighting control failures, etc.