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 CPE audit documentation course will provide the tips and tools for satisfying these important workpaper reviewer responsibilities.
Learning Objectives
Upon completion of this course, participants will be able to:
Recall documentation as a means of audit quality;
Explain critical responsibilities of a first-level reviewer; and
Identify common review notes at various phases of the audit.
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
