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

Claim 13:
14. 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:
identifying at the confirmation system the client by the financial statement user, wherein the financial statement user is a lending institution;
transmitting the indication of the identified client from the lending institution to the confirmation server via the communications network;
identifying the accountant at the confirmation system by the client;
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, determining financial statements associated with the client and securely providing the financial statements to the confirmation server by the accountant based on the identifying the accountant by the client, wherein the financial statements are received by the confirmation server via the communications network, and wherein the financial statements are configured to relate to financial information associated with the client based on the identifying the client by the financial statement user;
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 from the client at the confirmation system permissions for approving one or more financial statement users comprising at least the financial statement user to access the financial statements, the permissions being received at the confirmation server via the communications network, 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;
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 permissions selected by the client, 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.