Solutions
Solutions organised around the work
Monsoon's core platform supports defined procedures today. Packaged solutions bring together the procedures, templates and review points for a specific type of work. Each is listed with its current status.
What you can use today
- Available
- Can be used now, within the stated scope.
- Pilot
- Available to a limited number of firms under a pilot agreement.
- Planned
- In development, with a target date.
Core platformConfigured with your team
Defined procedures configured with your team, with outputs linked to source.
Available confirm Book a demoAFS support todayOn the core platform
Disclosure checklist reviews and compilation checks within supported engagements.
Available confirm Book a scoping callRadarGovernance, risk and compliance
Risk registers linked to controls and test results, with board reporting drafts.
Pilot confirm: status and date Discuss a pilotCycloneStatutory audit
A packaged audit workflow aligned with the International Standards on Auditing.
Planned · March 2027 confirm date Get launch updatesEquinoxAnnual financial statements (AFS)
Preparation of annual financial statements from the trial balance.
Planned confirm: status and target date Get launch updatesAvailable now
Core platform
Configured with your team
Available confirm
- The need
- Firms want to perform high-volume, rules-based procedures more completely and consistently, without adding headcount to the review burden.
- Scope
- Defined procedures configured with your team: for example data loading and validation, matching and reconciliation, recalculation, document extraction and checking, and disclosure checklists. Used to date on audit, review, AFS and reporting engagements at RAiN. confirm: list of procedures currently supported
- Outputs
- Working papers, schedules, exception lists and reconciliation reports, linked to source.
- Professional review
- Scope approval
- Exception review
- Sign-off of outputs
- How to begin
- Book a demo on prepared data, then scope a pilot.
- User requirement
- Monsoon user certification for authorised users. confirm
- Data loading and validationConfigured by: firm
- Matching and reconciliationConfigured by: firm
- RecalculationConfigured by: firm
- Document extraction and checkingConfigured by: firm
- Disclosure checklistConfigured by: firm
Available now · on the core platform
AFS support today
Preparation and review support within supported engagements
Available within supported engagements confirm
Equinox, the packaged AFS solution, is planned. In the meantime this AFS work can be performed on the core platform. confirm: Fernando / Lenske to agree this approach
- The need
- Firms preparing or reviewing several sets of financial statements need consistent disclosure checks and figures that tie to the books.
- Scope today
- IFRS for SMEs disclosure checklist reviews across multiple sets of AFS; compilation checks against the trial balance; GRAP transition calculations. Demonstrated on RAiN engagements: see the five-entity group and GRAP adoption use cases. confirm
- Outputs
- A disclosure compliance position per entity, issues lists and recalculation schedules.
- Professional review
- Reviewer assesses each disclosure finding
- Responsible professional approves
- How to begin
- Book a scoping call.
Pilot
Radar
Governance, risk and compliance
Pilot confirm: status and date
- The need
- Risk registers and compliance mapping go stale between annual reviews, and boards receive reports describing last quarter.
- Scope
- Risk registers linked to controls and test results; mapping to selected frameworks (for example ISO standards, SOC and NIST) confirm: frameworks supported; scheduled control testing; board reporting drafts.
- Outputs
- Risk and control status reports with linked evidence.
- Professional review
- Framework and risk appetite set by the firm or client
- Test results reviewed
- Reports approved before issue
- For firms
- A way to provide governance and compliance support between annual engagements. confirm: independence considerations for audit clients to be addressed by the firm
- How to begin
- Discuss a pilot with us.
- User requirement
- Basic user training. confirm
Planned
Cyclone
Statutory audit
Planned · target March 2027 confirm date
- The need
- Audit teams are under pressure on capacity, documentation and inspection quality, and sampling leaves much of a population untested.
- Planned scope
- A packaged audit workflow aligned with the International Standards on Auditing, from planning and risk assessment through procedures to completion, configured to the firm's methodology. confirm: planned scope and ISA coverage
- Planned outputs
- Audit working papers, exception lists and completion documentation prepared for review.
- Professional review
- Risk assessment and materiality
- Significant judgements
- Exceptions
- Engagement quality review
- Sign-off by the engagement partner
- How to begin
- Ask for launch updates, or book a demo of the core platform today.
- Today
- Some audit procedures Cyclone will package can already be performed on the core platform within supported engagements. confirm
- User requirement
- Basic user training. confirm
- Planning and risk assessment
- Procedures
- Completion
Planned
Equinox
Annual financial statements (AFS)
Planned confirm: status (planned or pilot) and target date
- The need
- Preparing financial statements involves mapping, consolidation, notes and disclosure checks that are repetitive and error-prone, yet must tie back to the ledger.
- Planned scope
- Preparation of annual financial statements from the trial balance, with mapping, notes and disclosure checks, under IFRS, IFRS for SMEs or GRAP. confirm frameworks
- Planned outputs
- Draft AFS with each figure traceable to the trial balance and ledger, plus a disclosure checklist.
- Professional review
- Accounting policies and judgements
- Mapping approval
- Disclosure review
- Approval by the responsible professional
- How to begin
- Ask for launch updates. AFS work that is possible today is described under AFS support today.
- User requirement
- Basic user training. confirm
Find the right starting point
Book a demo of what is available now, discuss a pilot, or ask for launch updates.
Demonstrations use prepared data. No client files needed.