Scope sheet
finbryn.com
Technical accounting
Accounting position papers and technical memos
Finbryn provides accounting position papers and technical memos for controllers whose auditor asked for a written ASC or IFRS analysis: facts, guidance, conclusion, entries and draft disclosures, for management to adopt. Checked 2026-10-16: SAS 143 applies to audits of periods ending on or after December 15, 2023 and covers auditor work on estimates and management bias.
What is included
- Issue statement and fact pattern tied to the signed documents
- Guidance considered and alternatives rejected, with reasons
- Conclusion, journal entries and effect on the statements
- Draft disclosures
- Source file index for the auditor
The process
- 1.
Scope the question
Read the auditor's request with your controller, agree the question, the documents needed and the date.
- 2.
Gather the facts
Executed agreements, minutes, ledger extracts and any specialist report, with a reference for every fact.
- 3.
Research and analyze
Apply the Codification, or IFRS where the group needs it, term by term, and record the alternatives rejected.
- 4.
Draft the memo and entries
Memo in the standard eight-part format, with schedules, journal entries and draft disclosures.
- 5.
Review with your controller
Comments are resolved until management is ready to adopt and sign the conclusion.
Software
Microsoft Word, Microsoft Excel, QuickBooks Online
Finbryn is a brand of Northlane Solutions Inc., a Delaware corporation.
Reviewed October 2026