The working paper file contains the documents relating to the work performed by the auditor. Outline any six of such documents.
CS Professional · Secretarial Audit, Compliance Management and Due Diligence · PYQS · December 2024
The working paper file contains the documents relating to the work performed by the auditor. Outline any six of such documents.
Answer & Explanation:
The working papers may include: Planning documents and audit programs. Internal control questionnaires, flowcharts, checklists and narratives. Notes and minutes resulting from interviews. Organizational data, such as charts with job descriptions, process chart. Copies of important documents. Information about operating and financial policies. Results of control evaluations. Letters of confirmation and representation. Analysis and test of transactions, processes. Results of analytical review procedures. Audit reports and management responses Audit correspondence that documents the audit conclusions reached.
Topics: Audit Documentation
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