Proper documentation is essential to a high-quality audit, as auditors are required to prepare and maintain documentation to demonstrate that sufficient and appropriate audit evidence was obtained to support the auditor’s opinion. It is critical for workpapers to provide a clear understanding of the nature, timing, and extent of procedures applied, the results of those procedures, source of evidence obtained, and conclusions reached. Both audit effectiveness and efficiency are directly impacted by the nature and extent of audit documentation.
Major Topics:
- Proper documentation as a means of audit quality
- Factors impacting the nature and extent of documentation
- Sample workpaper index and other organization tips
- Use of audit programs as means of audit documentation
- Checklist for self-review of workpapers and clearing review notes
- Multiple exercises on identifying workpaper deficiencies
Learning Objectives
- Discover and discuss the minimum documentation requirements of the audit standards.
- Identify and discuss tips and techniques for self-review.
- Recognize and describe common workpaper deficiencies.
- Explore and explain how to prepare workpapers in proper form.
Last updated/reviewed: March 15, 2024
Included In Certifications
This course is included in the following Certification Programs:
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Prerequisites
Course Complexity: Basic
No Advanced Preparation or Prerequisites are needed for this course.
Designed For: Professionals who prepare audit or review audit workpapers.
No Advanced Preparation or Prerequisites are needed for this course.
Designed For: Professionals who prepare audit or review audit workpapers.
Education Provider Information
Company:
Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA
95113
Contact:
For more information regarding this course, including complaint and
cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to
courses@illumeo.com.

Jennifer LouisCPA, President of Emergent Solutions Group LLC