Do you need to make sure significant audit items are properly documented? Working papers, the building blocks of an audit, must list relevant details so that the manager and partners are aware of significant transactions and can consider possible ramifications. A poorly prepared working paper causes inefficiencies for the preparer, reviewer, and partner; thus, proper working paper preparation and documentation is critical. This CPE course offers practical guidance on the basics of working paper preparation, from form and content to proper documentation of significant audit items.
This course will prepare you to do the following:
You probably already know that working papers form the building blocks of an audit. If you fail to include relevant details in your working papers, others may not be aware of significant transactions or consider their ramifications.
Through this course you'll learn: