Auditor PBC (Prepared by Client) Revenue Checklist
Auditor PBC (Prepared by Client) Revenue Checklist
Quick Summary: The Prepared-by-Client (PBC) list is the formal request list issued by external audit teams (PwC, EY, Deloitte, KPMG, or regional CPAs) before interim and year-end testing. This guide provides the complete inventory of revenue schedules and tie-outs GAAPx generates to satisfy audit requests.
The 5 Core Revenue PBC Deliverables
| Item # | Audit Request Name | What GAAPx Delivers | Format |
|---|---|---|---|
| PBC-REV-01 | ASC 606 Revenue Waterfall Schedule | Monthly amortization matrix by customer and POB, tying out to General Ledger revenue | Excel (.xlsx) |
| PBC-REV-02 | Deferred Revenue Rollforward | Opening Balance + Billings - Recognized Revenue = Ending Balance with aging schedule | Excel / CSV |
| PBC-REV-03 | Contract Sampling Documentation | Signed MSAs, order forms, and automated POB allocation sheets for selected sample items | PDF Package |
| PBC-REV-04 | Standalone Selling Price (SSP) Study | Historical pricing analysis justifying relative SSP discount allocations | PDF / Model |
| PBC-REV-05 | ASC 606 Note 6 Footnote Disclosures | Disaggregated revenue by product/geography and Remaining Performance Obligations (RPO) | Markdown / Word |