What this checks, stated plainly
Whether your document agrees with itself. Every citation in the body should have an entry in the list; every entry in the list should be cited somewhere; the years should match; nothing should appear twice or carry a date that has not happened yet. All of that is mechanical, all of it is where real reference errors live, and none of it requires guessing.
What it cannot do is tell you a source exists. There is no lookup here, and there is a more uncomfortable reason than the technical one.
Why a format check cannot catch a fabricated citation
Because invented references are not malformed. A language model asked for a citation produces real-looking authors in the right order, a journal that exists, a plausible volume and issue, and a DOI with the correct prefix and shape. Every field is the right sort of thing. That is precisely why the fabrications get past a supervisor reading quickly — they look exactly like the twenty around them.
So a tool that scanned formatting and reported “all references valid” would be giving false reassurance in the one situation where people most need the truth. This one reports internal consistency and says, in the result panel, what a clean pass does not mean.
What to do instead
Open them. Search the title in a library catalogue or Google Scholar, paste the DOI into doi.org and see what resolves, and check that the paper says what you attributed to it. Ten minutes of that is worth more than any automated check, and it is the only method that actually establishes existence.
If this matters because you are answering a question about your work, the surrounding situation is covered in what to do when you are accused, and how to show you wrote it is about the evidence that carries weight. For the citation itself, how to cite an AI tool covers the formats the major styles have published, and the quote checker handles the other half of this problem — whether the words inside your quotation marks are the ones the source used.