Documenting audit work
– Provides evidence of the auditor’s basis for a conclusion about the achievement of the overall objective of the audit.
– Provides evidence that the audit was planned and performed in accordance with ISAs and applicable legal and regulatory requirements.
– Assists the engagement team to plan and perform the audit.
– Assists members of the engagement team responsible for supervision to direct, supervise and review the audit work.
– Enables the engagement team to be accountable for its work.
– Retains a record of matters of continuing significance to future audits.
|
