Chapter 4: Creating Effective Documentation Flashcards
1
Q
Why is documentation critical to research?
A
- The documentation process facilitates critical thinking
- Audit trail
- Setting precedence
- Support for responses to future questions from regulators
- Audit support
- Self protection
2
Q
When is email better choice than a memo?
A
- You aren’t the issue owner?
- Limited-scope topics
3
Q
Tips for effective email
A
- Keep it brief
- Include a subject
- Restate the question
- Include and excerpt
- Use complete sentences
- List assumptions
- Proof read
- Don’t say “I think/feel”
- Avoid exclamation points
- Include an offer to assist
4
Q
What are the sections of the Standard Memo
A
- Facts
- Issues
- Analysis
- Conclusion
- Financial Statement and Disclosure Impacts
5
Q
What goes into the “Issues” section of the memo?
A
Researchable questions
6
Q
What is the goal of the Analysis section?
A
