Technical Accounting & Controls Pack: Memo and Control Templates
The documentation that sits behind your workpapers: six Word technical accounting memo templates for the judgment areas auditors ask about most, and three Excel templates for the control evidence they test – management review controls, key reports (IPE) and IT general controls. Generic and unbranded, so they read as your own; the control workbooks follow the same layout as the main templates and link back to the SOX control matrix. No macros.
Technical Accounting & Controls Pack
$45 if you bought the templates.
Checkout isn't open yet. Join the free list and we'll email you when it is.
Get notifiedBuy the Tech Pack – $59Technical accounting memo templates (Word)
Six memo templates with the same structure, so every position paper in your file reads the same way. Bracketed guidance text tells you what to write in each section; replace or delete it before you finalize.
Sections
- Header, purpose and scope
- Background and facts
- Issues
- Guidance (codification pointers, not reproduced text)
- Analysis
- Alternatives considered
- Conclusion
- Disclosure impact
- Related controls
- Sign-offs
- Topic checklist appendix
Covers
- T01 Revenue recognition (ASC 606) – five-step analysis, principal vs agent, contract costs
- T02 Leases (ASC 842) – identification, term, payments, discount rate, classification, modifications
- T03 Business combination (ASC 805) – business vs asset acquisition, consideration, purchase price allocation, goodwill, S-X 3-05 / Article 11
- T04 Debt modification or extinguishment (ASC 470-50) – troubled debt screen, lender-by-lender analysis, 10% cash flow test, fees
- T05 Share-based compensation (ASC 718) – grant date, classification, valuation, attribution, modifications
- T06 Going concern (ASC 205-40) – one-year look-forward, conditions and events, management's plans, disclosure
Memo template (T01 Revenue recognition, first page)
Management Review Control
Documents a management review control so its precision holds up: what is reviewed, the expectation, the investigation threshold, the outliers investigated and the evidence of review.
Sections
- Setup – company, period end and fiscal year-end month; the period end drives every date
- Control description, precision and thresholds
- Expectations vs actuals with outlier flags
- Investigation log and evidence of review
- Sign-offs
Covers
- Differences over the threshold need an investigation and conclusion
- Check columns flag missing or inconsistent entries
- Links to the control ID in the SOX control matrix
Setup (one period-end cell drives every date)
Key Report / IPE Validation
Supports the completeness and accuracy of a key report used in a control or a workpaper: report parameters against the expected period, a source-to-report tie-out and completeness and accuracy samples.
Sections
- Setup and report inventory
- Parameter check – dates, entities and filters vs the expected period
- Source-to-report tie-out
- Completeness and accuracy samples
- Sign-offs
Covers
- Parameters outside the period are flagged
- Tie-out differences read as open until explained
- Sample sizes are placeholders you set to your methodology
ITGC Evidence
Organizes IT general control evidence by domain – access, change management and computer operations – with sample sizes, sample testing and an exceptions tracker.
Sections
- Setup and in-scope systems
- Controls by domain: access, change management, operations
- Sample sizes and sample testing logs
- Exceptions tracker with root cause and remediation
- Sign-offs
Covers
- Every exception needs a root cause, owner and status
- Sample sizes driven by control frequency (placeholders you set)
- Links to the control ID in the SOX control matrix
Primary sources
- FASB Accounting Standards Codification (ASC 205-40, 470-50, 606, 718, 805, 842)
- PCAOB AS 2201 (audit of internal control over financial reporting)
- Regulation S-X (Rule 3-05, Article 11)
Previews are rendered from the actual blank templates. Codification references are pointers only; the memos do not reproduce standard text. Read the current codification and your firm's guidance. The pack is a separate add-on and is not included in the $69 templates or the $89 bundle. Not legal, accounting or audit advice.