Client stories
Evidence from recent AP work
Comments from controllers and internal auditors who booked testing, vendor reviews, or close support. Voices vary; one includes a reservation about timing.
“Their sample of unmatched receipts uncovered three recurring vendors our month-end checklist had never flagged. Closing the control took longer than I hoped, but the workpapers were ready for our external auditors.”
“We asked for vendor master testing only. They kept the scope tight and still gave us a clear list of dormant suppliers with open payment rights.”
“During January cut-off they sat with our GRNI schedule and challenged two large receipts that purchasing insisted were ‘already handled.’ We posted the accruals before the books locked.”
“The duplicate payment list was useful, though turnaround slipped a week when our ERP extract kept failing. They were frank about the delay instead of burying it.”
Extended story: Year-end AP testing for a multi-plant exporter
A northern Taiwan exporter needed AP testing across two plants before the external audit. Populations differed: one plant still used paper receiving notes; the other posted receipts in a warehouse module.
We defined separate sampling frames, tested matching attributes plant by plant, and produced a single findings memo for group finance. The main exception cluster was freight invoices paid without PO coverage—known to local AP, invisible at group level.
Management accepted eight findings, deferred two pending a freight policy rewrite, and reused the workpapers with their auditors without a second AP pull.
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