Confermax unifies intelligent confirmation management with an AI-native audit suite. Securely automate ISA 505 external confirmations between audit firms, financial institutions, and corporate signers, while streamlining engagement workflows, trial balances, and PBC evidence in one complete system.
Embeds deterministic AI directly into your audit engagement workflow to surface anomalies and draft working papers. Qualified auditors maintain full professional judgment at every step.
Work alongside intelligent algorithms designed from the ground up for audit teams. Screen entire ledgers in milliseconds, automate statistical sampling, and prepare inspection-ready working papers with zero spreadsheet freezing.
AI-assisted ledger analytics screen Benford's Law anomalies, weekend postings, and cut-off surges instantly.
Automated PBC tracking and auto-vouching eliminate manual collection and sampling bottlenecks.
Strict human determination ensures AI assists evidence preparation while auditors retain complete judgment.
Streamline outbound audit confirmations from preparation to receipt. Track real-time response statuses and eliminate manual paper chasing.
For Responders (Financial Institutions)
Automated, pre-validated inbound queue with core banking API integration. Eliminates paper mailroom overhead and protects institutions against confirmation fraud.
Client Authorization (Add-on Module)
Frictionless digital sign-off and tokenized bank authorization for client signers. Fast, compliant approvals with zero client account setup hurdles.
Confermax bridges audit practitioners, financial institutions, and corporate clients with modern, compliant tools that replace paper bottlenecks and manual spreadsheets.
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Audit Firms & CPA Practices
Cut audit cycle times by processing raw ledgers in seconds, generating defensible ISA 530 samples, and tracking confirmations live.
Confermax Audit Essentials is an advanced, AI-native audit engagement management platform. It unifies dynamic audit programs, standardized substantive testing, Trial Balance (TB) and journal entry analysis, working paper management, automated Provided By Client (PBC) request tracking with defensible evidence collection, digital engagement letters, statutory KYB reports, and embedded AI assistance for deep transaction and risk reviews.
Instead of relying solely on traditional manual sampling, Confermax Audit Analytics screens 100% of a client's journal entries and transactions in seconds. Built-in rules and statistical tests automatically flag anomalies (Benford's Law deviations, weekend and holiday postings, cut-off surges, round-sum amounts, duplicates and suspicious descriptions) and isolate high-risk items for full examination. Auditors can then apply ISA 530 / HKICPA APM sampling to the remaining population, cutting oversampling of low-risk areas while keeping sample sizes defensible. AI drafts a workpaper note for each selected sample explaining why it was chosen and what evidence to obtain, and selected items can be pushed straight into client Provided By Client (PBC) requests.
Confermax supports integrated KYB (Know Your Business) and KYC (Know Your Customer) due diligence for corporations and individuals across Hong Kong and Mainland China.
• KYB Reports & Company Verification: Statutory registry filings including official Business Registration (BR) checks, Annual Returns (NAR1), Certificates of Incorporation (CI), corporate shareholding structure charts (Mainland China), litigation records, bankruptcy records, Politically Exposed Persons (PEP), international sanctions lists, and adverse media screening. • KYC Reports & UBO Tracing: Ultimate Beneficial Owner (UBO) discovery, PEP, sanctions, adverse media, automated ID verification (IDV), and official "iAM Smart" digital identity verification (Hong Kong).
Confermax Confirms is an automated, tamper-proof bank confirmation and audit confirmation management platform designed for both Requestors (audit firms and CPA practitioners) and Responders (financial institutions such as banks, securities firms, asset managers, and corporate registries). By replacing paper mailrooms and slow postal fulfillment with a secure digital network, Requestors track confirmation statuses live with zero manual chasing, while Responders eliminate confirmation fraud and automate fulfillment via secure online queues and bank API direct connections.
• Bank Confirmations and Financial Facility Confirmations (cash balances, loans, credit lines, derivatives, treasury, and contingent liabilities) • Supplier Confirmations (AP) and Account Receivable (AR) Confirmations for substantive test of details • Legal Confirmations and inquiry letters • ESG (Environmental, Social, and Governance) confirmations • VoDA: Verification of Digital Assets (cryptocurrency, wallet ownership, and reserve attestation) • Fast turnaround workflows for urgent deadlines, SME audits, and last minute audits
• Electronic Signatures (e-Signatures) allow users to provide their signature, and comes with audit trails and IP timestamping. • Digital Signatures: PKI signatures backed by licensed Certificate Authorities (CA). Currently support iAM Smart. • Letter of Authority (LOA): Formal board resolutions and written Letters of Authority with automated signature verification against authorized bank mandate specimen records.
Confermax AI is not a generic LLM wrapper. It is anchored directly by the proprietary Confermax Library: an authoritative and continuously updated collection of technical books, articles, and statutory standards across tax, accounting, and auditing. Acting as a dedicated technical wiki for practitioners, it enables auditors to describe complex scenarios in plain English and receive instant, grounded answers mapped directly to relevant standards such as ASC 842 / IFRS 16 (Leases) or ASC 606 / IFRS 15 (Revenue Recognition).
Confermax deploys strict institutional guardrails: • Zero Data Retention (ZDR) Architecture: Models never retain prompt inputs or use client files for model training. • Client-Side PII Guardrails: Built-in identifiers automatically detect, mask, or encrypt Personally Identifiable Information (PII) before requests leave the secure firm boundary, ensuring underlying foundation models never see sensitive client data.
Confermax safeguards client and firm data using multi-layered bank-grade security protocols:
• Symmetric AES-256 & TLS 1.3: Data is protected with symmetric AES-256 encryption at rest and TLS 1.3 in transit. • Firm-Scoped Tenant Isolation: Strict logical and cryptographic boundaries prevent cross-firm data exposure. • Zero-Knowledge Data Privacy: Sensitive files, financial ledgers, and audit working papers are protected by access controls and PII Guardrails such that even Confermax internal staff cannot view your proprietary client data. • Immutable Audit Trails: Every upload, verification, sign-off, and status change is immutably logged for regulatory and quality control inspections.
Yes. Confermax complies with International Standards on Auditing (ISA), Hong Kong Standards on Auditing (HKSA), and professional guidelines from HKICPA, AICPA, and CPA Australia:
• ISA / HKSA 505 (External Confirmations): Direct communication and unbroken chain of custody for bank, supplier, and AR confirmations. • ISA / HKSA 530 (Audit Sampling): Statistically defensible sampling (including Monetary Unit Sampling / MUS) and audit evidence generation. • ISA 315, ISA 240 & ISA 230: Automated journal entry testing, audit lead sheets, general ledger management, and immutable audit documentation. • ISQM 1 (Quality Management): Firm-wide engagement quality control for SME audits and listed company audits.
