The FIR (Financial Information Return) is mandatory—but reconfiguring your audited year-end data for the Ministry's template shouldn't mean starting over. Our extension automates the transformation, saving time and ensuring perfect reconciliation to your consolidated financial statements.
What you get:
All the groupings necessary to automatically calculate numeric data.
Intuitive input forms to automatically populate any non-numeric data.
Leadsheets that allow you to fully support how you arrived at each balance.
Ability to post adjusting journal entries to update FIR balances.
Workiva connected spreadsheets that duplicate and complete the Ministry's FIR Excel template.
What you do:
In the first year, map FIR groupings to your accounts (one-time setup).
In subsequent years, simply assign any new accounts to the existing groups.
For non-sum Schedule balances (e.g., derived or calculated items), post quick journal entries to the provided groups, and the schedules will auto-complete.
The Result:
A line-by-line, fully reconciled guide to your FIR data entry—directly tied to and reconciling with your consolidated financial report.
Significant time savings, reduced error risk, and easier compliance—freeing your team from redundant manual work.
Flexible Execution: Can run on a schedule or on demand.
Toggle Control: Easily enabled or disabled as needed.
Exception Handling: Includes an exception list to exclude known variances from alerts.
API Upgrade
To ensure uninterrupted service, continued support, and access to enhanced capabilities, we are proactively upgrading our system to use the newer API versions in alignment with Workiva. For full details, see our Knowledge Base Article.
Updated Scripts (Built with Python 3.13)
Faster, Smoother Processing: Existing scripts will run faster.
Improved Error Handling: Clearer error messages and improved error handling make it easier to spot and fix issues.
More Reliable and Secure Performance: Automations will run more consistently, reducing interruptions and improving overall efficiency.
Scripts will continue to run beyond Workiva's end-of-life deadline for Python 3.9 on October 31, 2026. For more on this, see our Knowledge Base article.
