Intake to binder, with a findings loop in the middle.
Bad intake is the normal case, not the edge case. So every area runs the same way: connect, build, review — with findings raised the moment something does not tie.
Any ledger, any document
Upload a ledger export, bank statements, leases, invoices and contracts as PDF, Excel or Word. Every extracted value keeps its source citation.
Checked, then drafted
The TB must foot and roll before anything runs. Then firm-encoded procedures produce the schedules: formulas live, check rows at zero, cross-foots tied.
Validated, then signed
Automated validation on every output, then the sign-off you choose — your staff, your adviser, or a Lumistead qualified reviewer. Only then does it reach the binder.
One number your CFO actually wants: how ready are we?
Readiness score, days to fieldwork, and a to-do list in plain priority. Upload documents, answer findings, assign owners, send reminders — and watch areas go audit-ready one by one.
Bad data in. Findings out — never bad schedules.
Every run produces the deliverable, the findings, and the data requests. You or your bookkeeper fix the books; you respond in the portal; the module re-runs; the finding closes only when the re-run passes.
Reviewed twice. Signed by a name your auditor trusts.
Self-review
Your qualified management staff review and sign in the portal. Right for companies with a controller who has been through an audit.
Your advisor
Invite the adviser you already work with. They review the same drafts in the same console and sign under their own name.
Lumistead reviewer
An experienced reviewer we provide — senior accounting professionals with audit and inspection experience. Optional and priced separately.
"The PBC list is done before fieldwork starts."
Lettered the way audit teams already work. Formulas stay live, check rows equal zero, and every workpaper carries its procedure version, input hash and reviewer — reproducible six months later.
- ACash and cash equivalents✓
- BAccounts receivable✓
- CInventory✓
- DPrepaids and other current assets✓
- EProperty, plant and equipment✓
- FLeases, ASC 842◐
- GIntangibles and goodwill✓
- HAccounts payable✓
- IAccrued liabilities✓
- JDebt and credit facilities✓
- KEquity✓
- LRevenue✓
- MCost of sales✓
- NOperating expenses✓
- OPayroll and benefits✓
- PIncome taxes✓
- QRelated parties◐
- RCommitments and contingencies◐
- SSubsequent events✓
Built to stand up to the auditor's questions — and yours.
US-hosted, tenant-isolated, no training on your data. SOC 2 program in design — not yet certified.
A ledger export (Excel GL and trial balance), bank statements, the prior-year audited trial balance, material contracts and leases, and last year's auditor request list if you have one.
Lumistead prepares reconciliations, supporting schedules, PBC responses and findings. Management keeps responsibility for the books, accounting judgments and approvals; the reviewer you choose signs the agreed scope.
Answering findings and approving drafts in the portal. In a normal month that is hours, not days. The first catch-up cycle is heavier.
You or your bookkeeper. Each finding says what we found, why the auditor will care and exactly what we need. We re-run once you respond, and the finding closes only when the re-run passes.
An indexed binder — lead schedules A to S with support cross-referenced — as an Excel and PDF export reviewed. A read-only auditor portal is planned; today delivery is by export.
We start with a catch-up cycle and the gap scan. Incomplete inputs become findings with requests, never assumptions. A first readiness score follows within two weeks of complete inputs.
No. Your auditor receives the binder as an indexed Excel and PDF export. When the read-only portal ships it will be optional.
A separate platform and read-only auditor access are controls that support independence; they do not by themselves establish it for every engagement. Your audit firm applies the SEC and AICPA frameworks to its own facts. Preparation stays with management and Lumistead — never with the auditor.
Every output passes automated validation. Sign-off is your choice: your qualified staff, your adviser, or a Lumistead qualified reviewer (optional, priced separately). Whoever signs is stamped in every file.
US-hosted, tenant-isolated, each company behind its own encryption keys. Documents are processed under a no-training commercial agreement. SOC 2 program in design; not yet certified.