Workpapers are the building blocks of an audit. If it’s not in the workpapers, the manager and partner might not know about it or consider its ramifications. A poorly prepared workpaper is a time-waster for managers and partners, so training in proper workpaper preparation is critical. During this seminar, learn the fundamentals of workpaper preparation – including form and content – and explore examples which show field work supervisors what factors to consider and what steps to follow when reviewing workpapers.
DESIGNED FOR
Staff auditors who create workpapers and supervisors/seniors who supervise audit engagements.
BENEFITS
- Identify professional standards regarding working paper documentation and proper working paper technique
- Identify the tasks in supervisory-level reviews of workpaper documentation for audit engagements necessary to ensure compliance with current professional standards
HIGHLIGHTS
- Definition of and basic requirements of a workpaper
- Preparing and maintaining workpapers
- Different types of workpapers
- Documenting audit tests
- Improving workpaper technique
- Working paper basics
- Conducting the review
- Common shortcomings of working papers
PREREQUISITES
None
ADVANCE PREPARATION
None
ADDITIONAL NOTES
- *AICPA members deduct an additional $30 from applicable price.
Course materials are distributed electronically. To access the materials visit My Events. Download to your laptop or tablet prior to the seminar, handouts are added as received.