Module 13: Documentation And Quality Control

Question 1

Checklist for detailing the documentation and quality control measures for reviewing working papers in line with quality control procedures

Answer 1

1. Engagement partner has overall responsibility for overall quality of the audit evidence obtained
2. Form content and extent of audit procedures to meet the the requirements of the ISAs
3. Evidence of who performed and when
4. Evidence of review, including the engagement partner - timely?
5. Appropriate evidence received over each sig balance:set of transactions
6. Consultation of contentious matters - other experts documentation
7. Evidence of judgements - sit matters arisen e.g in relation to going concern and conclusions reached
8. Departures from ISAs
9. Fraud
10. Audit responses to risks