Statutory auditors

AI for auditors, with the audited entity protected

Velado lets auditors use AI on trial balances, SAF-T, contracts and minutes without exposing the audited entity: identifiers become consistent codes on the auditor's computer and are restored in the answer, while amounts and structure stay intact for analysis.

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Your duty of secrecy

Statutory auditors are bound to secrecy over information obtained in their engagements; in Portugal under the statute of the Order of Statutory Auditors (Law 140/2015), with the exceptions the law provides.

Documents you handle

  • Trial balances and SAF-T
  • Contracts, minutes and supporting documents
  • Confirmations from third parties
  • Annual reports and notes

What you can ask the AI

  • Analytical procedures on the trial balance
  • Summaries of significant contracts and covenants
  • Reading minutes for commitments and contingencies

What Velado covers

Tax IDs, IBANs, related parties, customers and suppliers, directors and staff names, addresses, contract numbers.

On your computer

Client Ferragens Almeida, Lda., tax ID 123 456 789, IBAN PT50 0002 0123 1234 5678 9015 4

What the AI sees

Client [ENTIDADE_1], tax ID [NIF_1], IBAN [IBAN_1]

FAQ

Can I keep the same codes throughout the engagement?

Yes. Use one vault per entity and the same company keeps the same code across files and years.

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