AI does not form an opinion and does not sign a report. It prepares the analytical review, reads through the minutes, writes the narrative of an interview and the first draft of the summary memo. Your time goes to professional judgment and the areas of risk.
AI helps auditors with tasks such as “Build your understanding of a new client,” “Prepare the analytical review,” and “Test journal entries.” Start with a single task, in Perplexity: allow 10 minutes the first time, and always review the result before you use it.
For each task: how it goes today, then with the tool. And the time it takes the first time.
Perplexity · Research
TodayA new engagement in an industry you do not know well: you need to understand the business and its risks before the first meeting.
With PerplexityA sourced report on the industry, the typical risks by cycle, and fifteen questions for management.
Claude · The firm’s Team workspace
TodayComparing two trial balances line by line, calculating the changes, and writing up the questions takes a day per engagement.
With ClaudeAn Excel file of the significant changes, with the ratios and the questions to ask the client.
Microsoft Copilot · Copilot in Excel
TodayThousands of journal entries to sort through to spot the ones that are out of the ordinary.
With Microsoft CopilotThe ledger with added flag columns, and a table of the number of entries by criterion.
Also
Gemini Notebook · One notebook per engagement
A table of the decisions and clauses with an accounting impact, each with its document and page.
Granola · “Enhanced” tab
A narrative of the process, the table of controls mentioned, and the list of points to clarify.
Gemini Notebook · One notebook per engagement
The list of discrepancies between the notes and the financial statements, each with its pages.
Your message in the other auditor’s language, and their report translated with its layout.
A short answer with the references of the texts, to check in their current version.
Claude · Projects
A draft management letter in a Word file, sorted by cycle and by priority.
Claude · The firm’s Team workspace
A draft three-page summary memo, with the table of adjustments and the open items.
All 10 use cases on this page are in Nova, each with its steps and its prompt.
Try the interactive demoWhat to check
The research covers the industry and public information. Nothing the client has entrusted to you goes into the prompt. The risk assessment for the engagement remains yours. The free plan gives one “Research” report per month.
Build your understanding of a new clientPerplexity · ResearchThe prompt to copy
I am preparing the statutory audit of a [road freight company, 150 employees, in France]. Give me an overview of this industry: how the economics work, cost structure, indicators the industry tracks, industry-specific regulations, trends over the last two years. Then list the risks of misstatement in the financial statements that are typical of this industry, by cycle: revenue, fixed assets, payroll, provisions, off-balance-sheet commitments. Give the source and date of each piece of information. End with fifteen questions to ask management at the first meeting.
In Nova, “My path” starts from your level: one next step at a time.
The first moves, with free tools.
In your jobTest journal entries
In your jobReview the year’s minutes and contracts
In your jobBuild your understanding of a new client
In your jobPrepare the analytical review
For a team: everyone moves forward in their own job. You see the team’s progress, never one person’s activity.
It reads a trial balance over two fiscal years, prepares the analytical review, and writes the first draft of a summary memo or a management letter. On the Team plan, your content is not used for training.
Recommended planTeam, $25 per user per month ($20 if billed yearly)
Articles of association, minutes, contracts, draft financial statements: it answers from those documents only and shows the passage, which carries over well into an audit file.
Recommended planFree to try on public documents. For client files: the firm’s Google Workspace account, included in the plan
If the firm is on Microsoft 365: in Excel, it writes the formulas and sorts a ledger of several thousand journal entries, showing the cells it touched.
Recommended planMicrosoft 365 Copilot Business, €15.60 excl. tax per user per month, annual commitment
It takes notes during the process interview with no bot on the call. You ask the questions, and the narrative comes out at the end.
Recommended planBasic, $0
A new client’s industry, a standard, a regulator’s position: an answer with sources to open one by one.
Recommended planFree to start. Then Pro, $20 per month (€22 on the French App Store)
It translates your message to a subsidiary’s auditor, then their report, keeping the layout. On a paid plan, texts are deleted after translation.
Recommended planIndividual, €7.49 per month, billed yearly
Prices taken from the vendors’ official pages, dated on each tool page. These subscriptions are not included in Nova. Brands are named to identify the tools. No affiliation.
Nova recommends 6 to start with: Claude, Gemini Notebook, Microsoft Copilot, Granola, Perplexity, and DeepL. 3 of them can be used for free to get started.
It reads a trial balance over two fiscal years, prepares the analytical review, and writes the first draft of a summary memo or a management letter. On the Team plan, your content is not used for training. The plan to choose: Team, $25 per user per month ($20 if billed yearly).
With “Build your understanding of a new client,” in Perplexity (Research). Allow 10 minutes the first time. A sourced report on the industry, the typical risks by cycle, and fifteen questions for management.
No. Nova is software, not an accredited training provider: it issues no diploma or certification. It costs €19 per month for one person, and €129 per month for a team of up to ten people.