NEBIS.AI / PLATFORM / JOURNAL ENTRY TESTING
Journal entry testing you can re-perform.
The test for management override of controls, prepared from the client's general ledger. Every journal is screened against stated criteria, and every selection shows the criterion and the amount that selected it. No opaque risk score.
What it does
Journal entry testing, item by item.
Completeness first
Opening balances plus the year's journals must equal the closing trial balance, account by account, and every journal must balance. Any difference holds the paper open, so the section cannot be concluded until it is resolved.
Selection by criteria
Each journal is screened against the criteria in SSA 240 and your firm's own, such as entries after the year end, unusual users or times, suspense and seldom-used accounts, and related-party accounts.
Fraud indicators at any amount
Indicators of fraud select a journal whatever its size. Every other criterion selects from one amount floor, the clearly trivial threshold by default, which a manager or partner may raise with a reason.
Source never guessed
Where the ledger export has no source column, entries are shown as having no source and screened as manual. The source is never inferred.
Estimates and unusual transactions
The paper also covers the review of accounting estimates for bias, the retrospective review, and significant transactions outside the normal course of business.
The ledger stays in code
Completeness, screening and selection are done by code, not by an AI model. The general ledger is not sent to the model.
How it runs
From ledger export to reviewed paper.
Import the ledger
The client's general ledger export is imported in whatever layout it comes in, with the date it was run. Completeness is checked against the trial balance in force.
Screen and select
Every journal is screened. Selected entries are listed with each criterion that applies and its amount, so a reviewer can see why each was chosen.
Test and review
Each selected entry is tested against its support, and the paper is drafted for your reviewer to challenge, change and sign off.
Transparent selection, not a black-box score.
Part of the Nebis audit workspace, a product of Nebis Technologies Pte. Ltd. (UEN 202646739Z)
Questions
What firms ask about it.
How do you do journal entry testing under SSA 240? +
What amount floor applies? +
Is the general ledger sent to an AI model? +
What if the client's export has no source column? +
See journal entry testing on a sample ledger.
A walkthrough of the completeness check, the screening, the selected entries and the paper your reviewer signs.