The CPA Audit/Review module from Foundation Software provides tools that support certified public accountants and internal financial teams during audits and financial reviews. It centralizes construction‑specific financial information and offers structured reporting, reconciliations, and detailed account analysis. The module allows users to generate standardized financial statements, produce workpapers, and verify data coming from other accounting areas such as job costing, payroll, accounts payable, and accounts receivable. Designed for the construction industry, it includes features like job cost reconciliation, contract and retainage validation, and comparative reporting across periods. Its functions help ensure that financial information is complete, consistent, and aligned with industry accounting requirements, reducing the time and effort typically involved in preparing construction organizations for audit or review cycles.

Key Features

Financial Statement Generation Creates detailed financial statements formatted for CPA use.

• Income statements, balance sheets, and supplementary schedules
• Customizable layouts based on audit or review requirements

Reconciliation Tools Supports validation of financial data across modules.

• Account, job, and contract reconciliation
• Identification of mismatches or irregular entries Workpaper Creation Provides structured documentation for audit processes.
• Exportable workpapers supporting CPA workflows
• Organized backing detail for all financial statements

Comparative Reporting Shows changes and trends over time.

• Multi‑period comparisons
• Analysis across jobs, departments, or companies

Construction‑Specific Review Tools Addresses industry‑required validation tasks.

• Retainage review
• Job cost and contract value verification

Benefits

Faster Audit Preparation Reduces time spent gathering and verifying financial data.

• Centralized reporting
• Automatic reconciliation tools

Improved Financial Accuracy Ensures consistency across accounting modules.

• Highlights inconsistencies before audits
• Strengthens financial control

Greater Transparency for CPAs Provides structured, clear information for external or internal review.

• Organized workpapers
• Complete detail behind all statements

Reduced Administrative Burden Automates steps that are normally manual and error‑prone.

• Streamlined reporting
• Easier validation of construction‑specific entries