About this Course
Documenting the procedures performed and evidence obtained in an audit is vital to an audit conducted in accordance with generally accepted auditing standards (GAAS). Professional standards related to documenting audit procedures mandate the presumption, “if it’s not documented, it’s not done.” Auditors continue to struggle with documentation questions. This module will provide the necessary elements to prepare working papers, which meet the requirements of professional standards and contain the appropriate level of detail in various situations encountered in practice.
- Recall the requirements of professionalstandards to prepare audit documentation for anaudit of financial statements
- Identify the appropriate structure, format, andtraditional conventions utilized by the professionin preparing audit documentation
- Recall the common procedures in preparingquality audit documentation and commonefficiencies
