Patent ID: 11861696
Assignee: CAPITAL CONFIRMATION, INC.
Field: IT methods for management (Electrical engineering)
Classification: CPC G | IPC G

Claim 6:
7. A method of independently confirming accuracy and validity of accountant prepared financial statements associated with a client via a confirmation server associated with a confirmation system, linked separately and independently via a communications network comprising secure encryption protocols to each of a financial statement user, the client, and an accountant, the method being executed by one or more processors configured to implement operations comprising:
receiving by the confirmation system a selection of the accountant by the financial statement user via the communications network;
transmitting an identification of the accountant from the financial statement user via the communications network responsive to the received selection of the accountant by the financial statement user, wherein the financial statement user is a lending institution;
receiving by the confirmation system a selection of the client by the accountant via the communications network;
querying an accountant license database, by the confirmation system, to determine at least a licensed or an unlicensed professional status of the accountant;
upon determining at least a licensed professional status of the accountant, transmitting an identification of the client from the accountant via the communications network responsive to the received selection of the client by the accountant;
determining financial statements associated with the client and securely receiving the determined financial statements at the confirmation server from the accountant via the communications network, wherein the financial statements are configured to relate to financial information associated with the client based on the received indication of the client and wherein the financial statements are associated with the accountant based on the received identification of the accountant;
notifying the client, via the communications network, that the financial statement has been uploaded by the accountant and is available only for review and release by the client via the confirmation system;
receiving selected permissions for approving one or more financial statement users comprising at least the financial statement user to access the financial statements at the confirmation server via the communication server, the selected permissions corresponding to a selection received from the client, wherein the selected permissions comprise a download permission and a length of time or expiration time associated therewith, the selected permissions configured to be stored at the server of the confirmation system responsive to receipt of the selected permissions from the client after receipt of the financial statement, wherein the selecting permissions for the financial statements by the client further comprises notifying the financial statement user of the received permissions and associated financial statements via the communications network;
notifying each of the one or more approved financial statement users that the stored financial statement is accessible for download via the confirmation system; and
upon receiving a request to access the stored financial statement from any one of the one or more approved financial statement users, securely transmitting the financial statements, via the communications network, from the confirmation system to the requesting one or more approved financial statement users in accordance with the selected permissions, wherein the financial statement is unaltered by the client and transmitted from the accountant to the requesting one or more approved financial statement users exclusively via the confirmation system.