Prior Year Consistency

Verify current-year amounts agree with prior-year figures where continuity is expected.

Overview

The Prior Year Consistency review mode checks whether current-year amounts agree to prior-year figures where continuity is expected. This automated check helps ensure that comparative financial statements maintain proper rollforward continuity between periods.

Prior Year Consistency is critical for ensuring that opening balances match prior period closing balances and that comparative columns agree across periods.

What It Checks

Prior Year Consistency validation includes:

Beginning balances

Current year beginning balances vs. prior-year ending balances to ensure proper rollforward.

Comparative columns

Prior year columns in current year statements match the prior year issued financials.

Rollforward continuity

Statement rollforwards (e.g., retained earnings, equity) show proper period-to-period continuity.

Note disclosures

Comparative figures in notes agree with prior year amounts where referenced.

How to Use Prior Year Consistency

Select Prior Year Consistency

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

Review detected comparisons

The system automatically detects and flags amounts that should match between periods. Review all detected comparisons in the list.

Investigate discrepancies

Agentive flags items needing investigation, listed in the "Needs Review" category

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 Prior Year Consistency mode is complete when all detected comparisons show Confirmed status.

Internal Consistency

Verify values are consistent within the same financial statements.

Mathematical Accuracy

Perform arithmetic validation through footing and crossfooting checks.

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

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