Scope sheet
finbryn.com
Internal audit and risk
Internal audit process reviews for procure-to-pay, order-to-cash and payroll
Finbryn provides internal audit process reviews of procure-to-pay, order-to-cash and payroll for CFOs and controllers of private companies and nonprofits, testing each cycle against its controls with samples and evidence and reporting findings to management and the audit committee. The AFP's 2025 survey, released April 15, 2025, found 79% of organizations faced payments fraud in 2024.
What is included
- A walkthrough narrative for each cycle, confirmed with the people who run it
- Test workpapers with the population, the sample, the evidence reference and every exception
- A vendor master and payment file review for duplicates, changed bank details and split payments
- A findings report with a management response and due date for each finding
- A follow-up log that records when each agreed action closes
The process
- 1.
Agree the objective and scope
The cycle, the period, the systems and the exports we need are written into a scoping memo that the audit committee has seen.
- 2.
Walk the process
We follow one transaction end to end with the people who run it and confirm the narrative with them.
- 3.
Run data tests on the full population
Duplicates, round amounts, just-under-limit payments and shared bank details are tested before any sample is drawn.
- 4.
Test the sample
Each item is traced to its evidence. Exceptions are logged with the facts as found.
- 5.
Draft findings and obtain responses
Owners respond in writing to each finding, with an action and a date.
- 6.
Report and follow up
The audit committee receives findings and responses together, and the follow-up log stays open until each action closes.
Software
Microsoft Excel, QuickBooks Online, NetSuite, Bill.com
Pricing
Scoped per cycle, by the size of the population and the number of locations or entities. It runs separately from the monthly tiers on the pricing page, and Finbryn confirms the fee in writing before the scoping memo is signed.
Finbryn is a brand of Northlane Solutions Inc., a Delaware corporation.
Reviewed October 2026