The idea for pStatements was born through frustration of writing financial reports using the wrong tools. For far too long, the profession has cobbled together financial reports using a combination of spreadsheets and word processors. The idea was, why not combine a spreadsheet with a word-processing program, and integrate tightly with trial balance data to create a single program to produce financial statements. Whether you have a simple 10 page document or 75 pages including MD&A, supplementary information and single audit disclosures, pStatements performs this process in a single, page based spreadsheet document, professionally, extremely efficiently and with never before seen features tailored specifically for CPA firms and their audit teams.

Features include:

A single document contains the statements and footnotes. No longer will you waste time combining multiple PDFs to produce a final document. Financial statements and footnote tables live effortlessly along side opinion letters and footnote text.

SubCells: Unique way to automate those disclosure amounts contained in paragraph form. Link to other tables or to the trial balance.

CheckSums: Innovative method of ensuring your financial statements amounts are in agreement with themselves. You’ll know immediately if the footnotes and supplementary information is not in agreement with other amounts in your document.

Edit history and full change tracking: As a supervisor, manager or partner, you’ll be able to see every change made as the document moves from prior year roll forward to final signoff.

Document Warnings: Warnings are updated in real time, visually front and center, and include spelling errors, footnote continuity errors, formula errors, CheckSum errors, alignment, margins and other warnings.

Workpaper References: Tag amounts or disclosures with workpaper references so you’ll always know how they are supported.

Review Notes: Leave review notes within the audit report for your supervisors or downward review notes for staff to make changes.

Page Settings, Headers and Footers made easy! Easily set, change or remove headers and footers. Incorporate landscape pages within portrait pages.

Integration with Audit Enagement Software: Make a journal entry or regroup accounts, then simple click Update and the financial statements and disclosures will be updated instantly.