Description

Audit documentation provides the principal support for an auditor’s report. Therefore, it is critical for workpaper reviewers to perform quality control procedures to ensure that technical, professional, and regulatory standards are met. In addition, the workpaper review process should be used as a tool for professional development and promoting efficient audits. This module will provide the tips and tools for satisfying these important workpaper reviewer responsibilities.

Major Topics:

• Documentation as a means of audit quality
• Responsibilities of the workpaper reviewer
• Appropriate review notes at various phases of the engagement, including before and after audit report date and report release
• Important tips for providing reviews notes that will promote an effective and efficient financial statement audit