Process

How an application audit moves from intake to findings

Applicants and advisors ask the same practical question: what happens after we send the draft pack? This page walks the calendar, the checkpoints, and the materials you keep.

Notebook and printed pages spread for careful reading

A typical five-to-eight day full dossier audit

Spot checks and clarification reviews compress this sequence; retainers repeat it across packs.

Day 0

Material gate

We confirm the draft includes the cover application, core financial statements, cash forecast, and any collateral or budget exhibits named in the form. Incomplete packs pause here so the review clock does not start against a moving target.

Days 1–2

Parallel reading

One reviewer follows the narrative claims — purpose of funds, repayment story, grant outcomes. Another traces totals across schedules. Their notes are compared before anything is written for you.

Days 3–5

Deep cross-checks

We test forecast assumptions against historical run rates, reconcile collateral descriptions to asset registers, and verify grant budget lines against milestone payment timing. Issues are ranked by likelihood of blocking underwriting.

Days 6–8

Findings memo and call

You receive the memo, annotated schedules, and a booked clarification call. After that call, further revision of the pack remains your team’s work unless you engage a follow-on spot check.

What you prepare before Day 0

  • Draft application in the format the lender or grantor requires
  • Prior years’ packs only when comparison is part of the ask
  • Names of schedule authors so we know whom to query
  • Hard submission date and any soft internal freeze date

What stays with you

Working papers, annotated PDFs, and the findings memo are yours. We do not retain original client binders after the engagement closes unless a retainer agreement says otherwise. Confidentiality terms are set out in our engagement letter and mirrored in the site Terms.

Align the process to your deadline

If your submission window is shorter than five days, ask about a spot check or a compressed full audit — we will say clearly when quality would suffer.

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