Audit readiness for growing companies

Audit-ready financials, always.

Lumistead helps growing companies prepare reconciliations, supporting schedules, and responses to auditor requests. AI prepares the work and flags missing evidence. Your qualified team, existing advisor, or a Lumistead qualified reviewer reviews and signs the agreed scope.

See a sample binder → Request a demo

“Meridian Foods LLC” is a fictional sample company. Screens are from the working prototype.

Sample client · synthetic data

Lumistead client portal overview — Meridian Foods LLC, four areas already audit-ready

CAUGHT AT INTAKE

Trial balance does not rollBlocker

Retained-earnings break, found 9 weeks before fieldwork. Closing entries requested.

Sixty-second self-check

How ready are you, honestly?

Six questions your auditor will effectively ask in the first week of fieldwork. Answers are self-reported — this is an initial self-assessment, not evidence-tested readiness. Every “No” or “Not sure” shows what Lumistead would already have done about it.

Does your trial balance roll from last year's audited closing balances?

LumisteadValidates the roll at intake — a break becomes a blocker finding, never a plug.

Is every bank account reconciled to the ledger every month?

LumisteadTie-outs across every account and currency, stale items flagged early.

Are all leases and fixed-asset additions on the balance sheet with support on file?

LumisteadGAAP gap scan finds uncapitalized leases; ASC 842 schedule drafted automatically.

Is last year's auditor request list mapped to evidence you already have?

LumisteadPBC command center maps the list to documents on the platform, request by request.

Do your schedules foot, cross-foot, and tie to the trial balance with no manual plugs?

LumisteadDeterministic Excel with live formulas; check rows at zero or explained.

Does someone on your team have time reserved for the audit before fieldwork?

LumisteadThe platform does the drafting; your reviewer signs. Hours a month, not weeks before fieldwork.

What Lumistead prepares

Walk into the audit already done.

Accounts tied, schedules built, the auditor's list answered, and findings raised for anything that does not tie. Validated by the platform, then signed by the reviewer you choose.

Working with Lumistead

You provideLedger export or sync file, bank statements, contracts and leases, prior-year trial balance, last year’s auditor list.

We prepareReconciliations, supporting schedules, PBC responses and findings — validated, then signed by your chosen reviewer.

You keepThe books, the accounting judgments and the approvals. Management responsibility does not move.

Your timeAnswering findings and approving drafts in the portal — not weeks of prep before fieldwork.

Book problemsYou or your bookkeeper fix them; each finding says exactly what and why. We re-run when you respond.

Auditor getsAn indexed A–S binder as Excel and PDF, reviewed. Read-only portal planned.

All customer questions, answered →

A-1

Monthly tie-outs

Every bank account tied to the ledger. Stale items flagged early.

E-1

Schedule factory

PP&E, leases, prepaids, accruals, debt — audit-ready Excel with tickmarks.

PBC

PBC command center

The auditor's request list, mapped and answered before fieldwork.

GAP

GAAP gap scan

Uncapitalized leases and missing accruals, found before the auditor finds them.

See how it works: connect, build, review →

More things it caught that people missed.

Bad books in does not mean bad schedules out. It means findings out — each one with what we found, why the auditor will care, and exactly what we need from you.

CAUGHT · Cash

Stale reconciling item

14 months

The auditor will ask. Now you have the answer.

CAUGHT · Gap scan

Warehouse lease off the balance sheet

$14,200 / mo

ASC 842 schedule drafted, waiting for the executed lease.

CAUGHT · Fixed assets

Unsupported additions

$86,400

Three register lines with no invoice on file.

CAUGHT · Cash

November statement missing

Acct 4417

Account blocked, request sent, cleared on re-run.

Sample clients, synthetic data. Screens from the working prototype.

Not a concept

Built inside a working advisory practice. Tested on six live engagements over more than twelve months.

The procedures encode partner-level review rules learned on real audits, S-1s and SOX programs. AI drafts and checks; a named reviewer signs. Where it came from →

12+ mo

workflows tested on six live engagements

7 → 4

automated workflows in the engine; four in launch scope

A–S

19 binder sections; the rest advisory-supported

4 of 4

planted defects caught — synthetic tests, not customer outcomes