What is tie-out?
The verification that a financial statement figure traces to its supporting schedules and source records. The Excel model produced in the instructor's run included revenue tie-outs linking the statements to their underlying support.
Where you will use it: this term comes up in the Applied AI for Finance and Accounting course, and the full course glossary collects every term in one place.
Related terms
From the free Applied AI for Finance and Accounting course by Devon Coombs, CPA, MBA.