Dear Practising Accountants,

We are thrilled to bring you the latest updates for Audit Program 4.0 (AP4.0)—the groundbreaking audit solution designed to transform your audit engagements. Since its launch in April 2025, AP4.0 has empowered practitioners with unparalleled efficiency, enabling them to produce completed audit programs and working papers with ease.

Now, as promised, we are delivering a major mid-year upgrade this July, with new functionalities that elevate AP4.0’s capabilities to cover 90% of audit engagement tasks.

Starting 14 July 2025, AP4.0 will include cutting-edge new functionalities to further simplify your audits:

• Completed Lead-sheets and Breakdowns: For all financial statement line items.

• Movement Schedules: For all balance sheet line items.  Not just Non-current assets and liabilities, but also amounts due from / to related parties!

• Cut-off Tests of Details: Covering sales, cost of sales, and expenditures, justification for sample size written, and samples auto-selected!

• Confirmation Summaries: Generates a control list of selected confirmations, and includes auto-preparation of audit confirmations.

All working papers can be generated together with the completed audit program, analytical reviews, sample sheets and other tests of details in a single excel file. 

Don’t want to wait till July 14? For practices considering AP4.0, please call us at Tel: 6015-7080, or whatsapp us at 9543-3218 to schedule a private demonstration of all (new & existing) functionalities of AP4.0.  The new functionalities have been tried and tested, and we welcome the opportunity to showcase them to you. 

These additions bring AP4.0 closer to fully automating an audit engagement file, covering approximately 90% of the tasks required.

These upgrades pave the way for even more advanced features, such as financial statement generation and complex documentation for accounting estimates, further cementing AP4.0 as the most advanced audit solution globally.