ISA 230 Audit documentation, requires that auditors document evidence that the audit was planned and performed in accordance with ISAs and applicable legal and regulatory requirements and that the basis for the auditor's conclusion about the achievement of the overall audit objectives are also documented. This section contains support materials for the auditor in the area of documentation.
Practical guidance and learning material
This section contains practical advice on audit documentation.
This article sets out the importance of adequate documentation throughout the process of audit from written communications with clients, to recording substantive tests and conducting audit completion reviews.
Audit documentation is an area where the gap between theory and practice can be difficult to close. In theory, simply recording what audit work has been done should not be hard. In practice, it is a challenge. This article looks at how efficiency and quality in audit documentation go hand-in-hand.
Written communications with management and those charged with governance are not always straightforward. Do auditors always know exactly who they should be writing to and do the recipients always understand what they are sent? John Selwood has the answers.