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Financial statement review

Internal Consistency

Validate that values are consistent within the same financial statements.

Overview

The Internal Consistency review mode validates that values are consistent within the same financial statements. This automated check ensures that figures appearing in multiple locations match, cross-statement relationships are accurate, and duplicate references are consistent.

Internal Consistency helps catch transcription errors, copy-paste mistakes, and inconsistencies that occur when the same figure appears in multiple statements or notes.

What It Checks

Internal Consistency validation includes:

Totals repeating

Amounts that appear in multiple statements match exactly (e.g., total assets on balance sheet and in equity rollforward).

Cross-statement relationships

Values that flow between statements are consistent (e.g., net income from income statement to statement of changes in equity).

Duplicate figures

The same amount appearing in multiple locations (statements, notes, supplementary schedules) matches exactly.

Referenced totals

When notes reference statement amounts, the figures agree (e.g., note disclosure referencing balance sheet line item).

How to Use Internal Consistency

Select Internal Consistency

Click Internal Consistency in the Review Mode Panel on the left sidebar to activate this review mode.

Review flagged relationships

The system automatically identifies amounts that should match within the financial statements. Review all flagged relationships in the list.

What you'll see:

  • Paired amounts showing where the same figure appears
  • Location references (e.g., "Balance Sheet, Page 3" and "Note 15, Page 28")
  • Highlight of discrepancies if amounts don't match

Confirm or document findings

  • The file toolbar provides the option to leave comments and manual findings to the document
  • You can also click any of Agentive's findings to confirm the suggested tick mark, or reject

The Internal Consistency mode is complete when all flagged relationships show Confirmed status.

Within-Note Consistency

Subtotals within schedules

Subtotals within detailed note schedules add up to section totals and grand totals.

Current vs. non-current

When notes split items into current and non-current portions, the sum matches the balance sheet classification.

Category breakdowns

When amounts are broken down by category, geography, or other dimension, the breakdown totals match.

Complete all three review modes (Prior Year Consistency, Internal Consistency, and Mathematical Accuracy) for comprehensive financial statement validation.

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