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Journalscope
Business & Finance
Overview
Journalscope helps audit firms review journal entries by reconciling the journal population against the trial balance, flagging entries against 19 management-override criteria, selecting a reproducible sample, and exporting an Excel workpaper, processing ledger data entirely in the browser.
Key Features
- Reconciles journal population against trial balance
- 19 management-override risk tests
- Reproducible, risk-weighted sample selection
- Exports an Excel workpaper; processes data entirely in-browser, no server upload
Best For
Audit firms that need a faster, documented approach to journal-entry testing under ISA 240.
Pros & Cons
Cons
- Supports review and documentation only; does not replace auditor judgement or provide an audit opinion.
- Full workpaper access requires a paid annual licence.
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Pulse Verdict
Editorial review by SEODataPulse · Editorial rating: 4/5 · Updated
This is an editorial assessment, not an average of customer ratings.
“An in-browser journal-entry testing tool for audit firms that reconciles entries against the trial balance, flags 19 management-override criteria, and exports an Excel workpaper, free to try on a sample ledger.”
Pricing
Free sample ledger with full functionality. Paid annual licences: Firm (up to 5 auditors) US$790/year; Practice and Network tiers available.
Pricing changes often — confirm current plans on the official site.