First Direct Statements for Audit Preparation
Preparing First Direct bank statements for audit preparation? Auditors need to verify bank balances and test transactions against financial statements. Getting bank data into a workable format is the first bottleneck.
Convert First Direct Statements Instantly
BankScan AI converts your First Direct statement PDF to a clean Excel spreadsheet in seconds — handling DD MMM YYYY and minimalist single-column layout with transaction type codes and running balance, similar to HSBC but with simplified headers automatically. Convert bank statements to structured Excel files for audit testing, balance verification, and transaction sampling. Save hours of data preparation.
About First Direct Statement Format
First Direct statements follow an HSBC-family format but with a distinct minimalist layout. BankScan AI detects the variant automatically.
Getting Your First Direct Statement for Audit Preparation
Log in to First Direct Online Banking, go to 'Statements', select the account and date range, and download as PDF. First Direct also supports OFX export under 'Download transactions' for direct import into accounting software. Download Full financial year (12 months), plus confirmation of opening and closing balances for the period under audit of statements.
How It Works
Upload your First Direct statement
Drop your First Direct (HSBC) statement PDF. Supports PDF. Need Full financial year (12 months), plus confirmation of opening and closing balances for the period under audit? Upload them all.
AI extracts every transaction
Our AI handles First Direct's DD MMM YYYY and minimalist single-column layout with transaction type codes and running balance, similar to HSBC but with simplified headers — extracting Year-end bank balance for bank confirmation, large or unusua.
Use for audit preparation
Download formatted Excel ready for audit preparation. Transactions sorted chronologically with running balance, year-end closing balance matching the bank confirmation letter, amounts in audit sampling format
First Direct + Audit Preparation Features
- First Direct optimised — Handles DD MMM YYYY dates and minimalist single-column layout with transaction type codes and running balance, similar to HSBC but with simplified headers
- Built for audit preparation — Convert bank statements to structured Excel files for audit testing, balance verification, and transaction sampling. Save hours of data preparation.
- Period coverage — Convert Full financial year (12 months), plus confirmation of opening and closing balances for the period under audit of First Direct statements in minutes
Convert First Direct for Audit Preparation — Fast
Statutory accounts must be filed within 9 months of year-end for private companies; audit fieldwork typically compressed into 2-4 weeks
Convert First Direct Statement Free