Single Audit Preparation demo

What the demo shows

Grants accountants assemble federal award evidence, test samples and draft corrective plans

Seven agents build the federal awards schedule and tie it to the ledger, work out which programs the auditor will test, then run a mock audit: an auditor agent draws samples the way the external auditor does and runs the Compliance Supplement test steps, and a preparer agent answers each step from the systems of record, with the documents cited. What fails becomes a draft finding and a corrective action plan, flagged when it repeats last year. Grants accountants confirm what clears; the Associate Controller signs every finding and every package before the auditor sees it.

Transcript

1. 0:00Single Audit Preparation readies a university's federal awards for its external auditor.
2. 0:08Any college spending over a million federal dollars a year must have a Single Audit.
3. 0:15Halden State spent nine hundred sixty-eight million dollars on two thousand one hundred forty awards, tied to the ledger.
4. 0:23An auditor agent draws samples the way the external auditor will.
5. 0:30Sample twenty-three is equipment bought eleven days after its award ended.
6. 0:37The preparer agent finds the no-cost extension in the grants system, so it clears.
7. 0:44Sample forty-one is an effort report with no investigator's signature.
8. 0:51It repeats last year's finding, so the drafter writes it up with a corrective plan.
9. 0:57The Associate Controller signs it, two months before the auditors arrive.
10. 1:04Only she can sign, and every decision and reason lands in the audit trail.
11. 1:12Two repeat findings, caught before fieldwork instead of in the audit report.
12. 1:17Built on Botminds: agents, data, screens and governance on one platform.

The narration as written for the film. Captions are on the player.