RoboAuditor Input Form

Purchase / Order ID *

Purchase / Order ID can be found at the invoice sent to your inbox once you have made purchase of the report.

REPORT USER INFORMATION

Name *

First

Last

Designation *

Organisation *

Email Address *

Mobile Phone *

AUDIT TARGET INFORMATION

Company Name *

Industry

Country of Origin *

Company Registration Number *

Currency *

REQUIRED INPUTS IN NEXT STEPS

I. QUANTITATIVE DATA (Upload files)

- Financial Statements (2 years)
- General Ledger (2 years)
- Trial Balance (2 years)
- Latest Audited Reports
File types: xlsx, xls, csv, xml, docx, doc | Max file size: 30mb

II. QUALITATIVE DATA (Upload Files & Questionnaires)

A. Upload Third-party Checks
File types: File types: xlsx, xls, csv, xml, docx, doc, pdf. | Max file size: 30mb

B. Answer Risk-Related Questionnaires
1. Entity Background
2. Engagement Risk
3. Compliance Risk
4. Management Risk
5. Control Risk
6. Operational Risk
7. Fraud Risk
8. Industry Risk

I. QUANTITATIVE DATA

Financial Statements (2 years) *

Click or drag files to this area to upload. You can upload up to 3 files.

Allowed file extensions: .xlsx, .xls, .csv, .xml, .docx, .doc, .pdf, .zip, .rar; max file size: 30mb.

General Ledger (2 years) *

Click or drag files to this area to upload. You can upload up to 10 files.

Allowed file extensions: .xlsx, .xls, .csv, .xml, .docx, .doc, .zip, .rar; max file size: 30mb.

Trial Balance (2 years) *

Click or drag files to this area to upload. You can upload up to 10 files.

Document Required:
- Receivable list (with ageing balance column, if any)
- Payable list (with ageing balance column, if any)
- Inventories list (with ageing balance column, if any)

Allowed file extensions: .xlsx, .xls, .csv, .xml, .docx, .doc, .zip, .rar; max file size: 30mb.

Latest Audited Report(s) *

Click or drag files to this area to upload. You can upload up to 3 files.

Allowed file extensions: .xlsx, .xls, .csv, .xml, .docx, .doc, .pdf, .zip, .rar; max file size: 30mb.

II. QUALITATIVE DATA

A. Third Party Checks

Documents Required:
- BizFile (ACRA)
- Artemis Report
- Director Checks from Credit Bureaus
- Credit Reports from Credit Bureaus
- Others

Upload files (3rd-party checks) *

Click or drag files to this area to upload. You can upload up to 10 files.

Documents Required:
- BizFile (ACRA)
- Artemis Report
- Director Checks from Credit Bureaus
- Credit Reports from Credit Bureaus
- Others

Allowed file extensions: .xlsx, .xls, .csv, .xml, .docx, .doc, .pdf, .zip, .rar; max file size: 30mb.

B. Answer Risk-Related Questionnaires

B1. Entity Background

1.1. Is there known indicator of shareholders/TCWG dispute or with external parties? *

1.2. Was the past year’s audited report qualified? *

1.3. How was the past audit experience with the client in terms of the response time, management accounts accuracy, qualification of staff, co-operative to auditors, etc? *

Good
Neutral
Bad

1.3. Comments

B2. Engagement Risk

Name of Assigned Auditor *

Audited Period *

Name of Audit Manager *

2.1. What is the % of audit fee over total fee (including non-audit fees)? *

2.2. What is the main revenue source for the company? *

2.3. Are the key team members in the company on the job for more than 5 years? *

2.4. Are there sufficient resources and expertise within the audit firm to undertake this job? *

2.5. Clear ultimate beneficial owner noted with sign off by the company. *

2.6. Audit team had declared that neither they nor their family members have any dealings with the company, outside the audit scope of work. *

2.7. Both parties are aware of the audit objective and scope of work required. *

2.8. There are no ongoing or past legal disputes between the audit team and the company. *

2.9. The company maintains a board of management to monitor its performance and governance reporting. *

2.10. Management is hands-on in the running of the business, with relevant contingency plans in place, should the situation arises for a need. *

2.11. Quarterly periodic reviews are set aside on budget, KPI and implementation to identify and address the gaps, if any. *

2.12. Proper CRM in place for monitoring. *

B3. Compliance Risk

3.1. Company adopts and complies with NOCLAR (Non-Compliance with Laws and Regulations) and all regulations affecting the industry and the company. *

Met
Not Met

3.2. Company has the relevant licenses obtained to operate in the country. *

Met
Not Met

3.3. Are there other users of the financial statements other than regulators, shareholders, management, staff, suppliers, customers? *

Met
Not Met

B4. Management Risk

4.1. Clear segregation of duties for the key management? *

4.2. Management has the relevant key expertise in the role played? *

4.3. Is there a clear succession planning in place? *

4.4. There has been a constant change in key management? *

4.5. Does the management have any existing relationship with the suppliers and/or customers? *

4.6. Is the key management represented by others? *

4.7. Are the key management based locally? *

4.8. Remuneration is clearly stated with fixed base amount or subjected to variable incentive based on the commericalisation of projects brought in? *

Fixed Base
Variable

4.9. Bonus payout is dependent on the sales brought in by management? *

4.10. Management gets a share of the nett profit via dividends as part of the remuneration package? *

B5. Control Risk

5.1. Accounting entries are complete, done on a timely manner and accurate. *

5.1. Comments

5.2. Proper segregation of duty in the accounting system. *

- i.e. Different personnel holding access to the entry maker and approval role.

5.2. Comments

5.3. Accounting team has the relevant competency. *

5.3. Comments

5.4. Are there existence of proper system? *

e.g. accounting, IT, governance

5.4. Comments

5.5. Are there proper channels of reporting to other than management? *

e.g. whistle blowing

5.5. Comments

5.6. Are there monitoring system for operations issues in place? *

e.g. accounting, IT, governance

5.6. Comments

5.7. Approval procedures are set appropriately, complete with limit settings. *

5.7. Comments

5.8. Proper segregation of duties performed across departments. *

5.8. Comments

5.9. Deploys and implements business performance management tracking and reporting systems. *

5.9. Comments

5.10. Keeps proper records of the assets, past audit documents and control documents. *

5.10. Comments

5.11. Keeps a log record on the resources performance and competency reporting. *

5.11. Comments

5.12. Has in place the transfer pricing procedures. *

i.e. Related party transaction.

5.12. Comments

5.13. Proper disclosure made on compliance with the required laws and regulations. *

5.13. Comments

5.14. Proper disclosure made on the susceptibility of the financial statements to fraud and error. *

5.14. Comments

5.15. Team has the relevant expertise to prepare the required disclosure. *

5.15. Comments

5.16. Does periodic internal control SOP review to incorporate latest updates. *

5.16. Comments

5.17. Does test review for TCWG operations / compliance. *

5.17. Comments

5.18. Conducts regular accounting SOP review to adjust for Management Bias. *

5.18. Comments

B6. Operational Risk

6.1. More than 70% headcounts are full-time staffs. *

6.2. Production of core products are developed in-house. *

6.3. Operates in large number of business locations and/or a wide geographical spread. *

6.4. Customer and supplier based are limited. *

6.5. Distribution channels are dependent on (outsource to) 3rd party provider. *

6.6. Reliance on cloud-based platform for all its data storage. *

6.7. Heavy reliance on a particular products or services. *

6.8. Has a proper risk management system in place for contingency. *

6.9. Expands by relying on debts, ie leverage rather than reliance on partners. *

6.10. Is the ownership structure unduly cumbersome? Many layers? *

6.11. Is the capital structure sufficient and appropriate? *

B7. Fraud Risk

7.1. Does not appear to have a clear business justification on the use of business intermediaries and/or related party companies. *

7.1. Comments

7.2. Display any signs of excessive pressure on management or operating personnel to meet financial targets established or profitability incentive goals. *

7.2. Comments

7.3. Accounts show signs of significant, unusual, or highly complex transactions. *

7.3. Comments

7.4. Some forms of conflict of interests exists within the transacting parties. *

7.4. Comments

7.5. Unable to determine the controlling interest due to complex or unstable organisation structure. *

7.5. Comments

7.6. No clear distinction between personnel expenses of management and business transactions. *

7.6. Comments

7.7. Cashflow from operations position does not tally with the reported earnings. *

7.7. Comments

7.8. High vulnerability to rapid changes, such as technology, product obsolescence, or interest rates. *

7.8. Comments

7.9. Significant decline in customer demand and increasing business failures due to the economy performance. *

7.9. Comments

7.10. High turnover of senior management, legal counsel, or those charged with governance. *

7.10. Comments

7.11. Ineffective monitoring by TCWG and ineffective internal control. *

7.11. Comments

7.12. Threat of bankruptcy, foreclosure, or hostile takeover. *

7.12. Comments

7.13. Show signs of deliberate bypassing of approval limits. *

7.13. Comments

B8. Industry Risk

8.1. What is the perceived company’s market position in the industry? *

Leader
Follower
Challenger
Niche

8.2. Are their services or products innovative and will result in a creation of an entirely new market and business model? *

High
Medium
Low

8.3. Is the environment or industry high risk for collusion, bribery and fraud with suppliers? *

Yes
No
Neutral

Remarks