How an e-wallet financial audit runs

This page explains the working rhythm behind our flagship e-wallet financial audit. It is written for finance leads who need to brief colleagues on what will be asked of them.

1. Brief intake

You share the wallet product, legal entities, currencies, and the period under review. We ask for approximate monthly volumes and whether a processor or bank holds key settlement files. No non-disclosure theatrics — a standard mutual NDA is available on request before evidence moves.

2. Scoping workshop

A ninety-minute session (Asoke office or video) locks materiality thresholds, in-scope accounts, and out-of-scope items such as marketing effectiveness. You leave with a written evidence request list and a proposed calendar.

3. Evidence intake

Typical packs include:

• Customer liability extracts at period start and end
• Float bank statements and partner hold reports
• Merchant settlement batches and fee rate cards
• Promotion and waiver logs
• Prior reconciliation workpapers, if they exist

We confirm checksum or row counts so silent file truncation is caught early.

4. Fieldwork and sampling

Samplers trace wallet events into float and GL postings. High-value corridors, new products, and campaign periods receive heavier weight. When a sample fails, we expand nearby items before drafting an exception.

5. Findings and close-out

A draft findings list is discussed with your evidence owner. The final report includes an executive summary, detailed schedules, and residual risk notes. A closing meeting walks leadership through what was tested — and what was not.

Cadence tips that save time

• Nominate one evidence owner with authority to chase processors.
• Freeze rate-card versions for the period before fieldwork starts.
• Tell us about known suspense piles up front; surprises cost calendar days.

Ready to schedule scoping? Submit an audit brief or review the flagship engagement details.