Solutions / Audit & Assurance

Audit and assurance reviews, grounded in the evidence itself

Normain reads the reports, standards and client evidence your engagements run on and returns structured findings, each one linked to the exact source page. Your team verifies and signs off in a fraction of the time.

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Your documents

Revenue contract

IFRS 15 memo

SOW

Question

How many distinct performance obligations are in this contract?

Three: license, implementation and support, recognized separately.

High confidenceSource §3.1

Audit & assurance use cases

Statutory financial statement auditFinancial statement disclosure checklistRevenue recognition testing (IFRS 15)Lease accounting review (IFRS 16)Impairment testing (IAS 36)Financial instruments and ECL (IFRS 9)Provisions and contingent liabilities (IAS 37)Deferred and current tax review (IAS 12)Loan agreement and covenant reviewGoing concern and subsequent eventsGroup consolidation and intercompany eliminationsBusiness combinations and goodwill (IFRS 3)Vendor and third-party SOC report reviewSOC 2 control testing and evidence reviewControl environment and policy gap assessmentESG and sustainability report assuranceInternal controls and SOX / ICFR testingGrant and funding compliance auditOperational and internal audit reviewsISO certification readiness review

How it works

Add your knowledge

Standards, policies and the evidence under review. Normain reads and understands each source.

Define the questions once

Tell Normain what to extract, how to analyze it and what the output should look like. It handles the framework logic and scoring.

Get verified output

Structured answers in seconds, every finding linked to its source, so your team reviews, challenges and signs off with confidence.

Built for audit & assurance teams

Recognize the work you do every day

These are the reviews audit and assurance teams run by hand today: the same reports, the same criteria, the same workpapers. Normain does the reading and gives you structured, source-linked findings to test and sign off.

Simple project

Statutory financial statement audit

Built forExternal auditors · statutory audit teams · engagement managers

Ask the key audit questions across the financial statements and supporting schedules in one pass. From revenue recognition to going concern, every conclusion is linked to the note and page it came from, ready to drop into the file.

Data sources

Annual report & financial statements

Trial balance

Board minutes

Management accounts

Interactive — try it out

Revenue recognition

Instruction

Does the revenue policy comply with the IFRS 15 five-step model?

Answer

—

Going concern

Instruction

Are there material uncertainties over going concern?

Answer

—

Example questions

What is the revenue recognition policy, and does it comply with the IFRS 15 five-step model?
Are there indicators of material uncertainty over going concern, and how has management addressed them?
Which accounting estimates involve significant judgement, and what assumptions underpin them?
Have all prior-year audit adjustments been reflected in the current-year figures?

…and any others you write.

Spreadsheet project

Financial statement disclosure checklist

Built forFinancial reporting specialists · audit quality reviewers

Run the full disclosure checklist over the financial statements in one pass. Each required disclosure is checked against the notes, marked present, missing or partial, and linked to the exact note so a reviewer can verify without leafing through the report.

Runs against IFRS as adopted; swap in FRS 102 or US GAAP checklists as needed.

Data sources

Financial statements

Notes to the accounts

Prior-year signed accounts

IFRS disclosure checklist

Interactive — try it out

Question

Assessment

Explanation & evidence

IFRS 15 — Revenue disaggregated by category and contract balances disclosed?

—

IFRS 16 — Maturity analysis of lease liabilities presented?

—

IAS 24 — Key management personnel compensation disclosed?

—

Example questions

IFRS 15 — Is revenue disaggregated by category, and are contract balances disclosed?
IAS 1 — Are the significant accounting policies and key judgements disclosed?
IFRS 16 — Is the maturity analysis of lease liabilities presented?
IAS 24 — Are related-party transactions and key management compensation disclosed?

…and any others you write.

Repeat project

Revenue recognition testing under IFRS 15

Built forExternal auditors · revenue-recognition specialists · FS auditors

Run the same IFRS 15 tests across every material revenue stream. Reading each contract by hand becomes one row per stream, showing the performance obligation, timing and any variable consideration, each linked to the clause it came from.

Interactive — try it out

Revenue stream

Obligation

Timing

Variable consideration

Software licenses

—

Implementation

—

Support & SLA

—

Example questions

Are performance obligations correctly identified and separated for each material contract?
Is revenue recognized at the right point in time, or over time?
Is variable consideration estimated and constrained at the reporting date?
Do year-end cut-off tests support the period in which revenue was booked?

…and any others you write.

Testimonials

Trusted by the experts who sign off on the work

Normain fits directly into our current business processes and made an impact from day one

Mattias Ullsten

Founder & Managing Director, Advisense

Normain completely stood out in the market for their relevance and usability. It's very intuitive, powerful, and understandable by my team—engineering is not the bottleneck

Charlie Forcey

CTO, Sustainability Roundtable, Inc.

Normain allows us to multiply decades of human insight by the scale and speed of AI

Ian Roe

CEO, Black Sun Global

We're seeing a 35% reduction in research time thanks to Normain

Nadya Kamenkovich

Consultant, Black Sun Global

Normain is a tool that helps us scale our high standard without compromising our methodology.

Peter Wrenfelt

Founder & Senior Partner, U&We

The volume and quality of this benchmark would have been impossible without Normain's AI technology

Frederik Otto

Managing Partner, AvS Advisors

Normain frees our accountants to focus on the insights that truly matter

Martin Sandstedt

Founding Partner, Klara Consulting

Normain is how all our offices can work as one, with the same quality and deep expertise for every client

Victoria Thore

Founding Partner, Klara Consulting

Beyond audit & assurance

The same engine, on the work every team shares

Point Normain at your own workpapers and questions. Whatever the review, the work takes one of three shapes, and Normain runs all three.

Read across a stack of documents

Point Normain at a pile of files and ask your questions once. It reads all of them and gives you one combined answer, with every point linked back to its source.

Run the same questions across many items

One row per file, folder, vendor or company. The same questions run across every item, so you can compare and rank a whole set side by side.

Fill in a grid or scorecard

Your questions down one side, your sources along the other. Ideal for questionnaires, scoring grids and readiness assessments.

See it on your own workpapers

Bring a report and a checklist. In minutes, watch Normain work through them with the reasoning and sources in view, all the way to source-linked findings you can sign off on.

Book a demo Try for free