[PeterisP]

The whole concept of "have someone from NS8 log in to the online portal for each NS8 bank account, display the current account balance, and download monthly bank statements for fiscal year 2019." seems kind of weird and even ridiculous.

In the audits I've seen, the standard procedure to get the same information would require the company to authorise the auditors so that they could get a written confirmation of the funds directly from the bank or whoever holds the assets or debt. You would not trust the account statements that the company gives you, you would get the same (hopefully) account statements yourself. Accepting that watching a company employee log in some site is equivalent to getting an official confirmation from that outside third party is .... interesting. The whole point of an audit is to verify if everything that the company shows you is actually true instead of looking at what they show you and believing it.