Auditflow Audit Update

Our software developers continue to grow and diversify Auditflow's products. This month Auditflow released the roll-forward function. The update allows the import of data from last year's audit file, saving time and money. The software also allows automcatic roll-forward of the prior year Profit and Loss, and Balance Sheet.

 

Form Ref

Title

Data carried-forward

AA1

Audit Plan and Overall Audit Strategy

All except engagement team

AA1.1

Client Acceptance and Continuance

Q1 through to Q2.8

Q4 through to Q4.5

AA1.2

Scope and Overall Audit Strategy

Q1 through to Q3.6

AA2

Audit Team Planning Meeting

Q2 onward

AA4, AA5,

AC, AD, AE1, AF1, AG1, AK1, AN1, CA1

Various Program

Comments only

AA5.2

Internal Control Procedures Questionnaire

All fields

AA5.4

Business and Environment Overview

All fields

 

AA5.6

Identified Risk of Material Misstatement

All fields

AB1, AB1.1

·         Profit & loss

·         Balance Sheet

All Final data columns carried forward to new file’s Prior Year column

AB5

Prior Period Notes for Next Year

Carried forward from prior year’s BE form

AC1-AC10

Analytical Procedures

All Final data columns carried forward to new file’s Prior Year column

AH2

APES 110 checklist

All Identified Threats

AI, AI1

Risk Assessments

Circumstances resulting in High Risk Assessment data

AP1

Continuation Checklist (Prior Year)

All data carried forward from Prior Year’s AP form

CA2

Internal Control Deficiencies Identified

All fields

 

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1 Comment
  • Sven
    Reply
    Posted at 1:52 PM, 02/08/2016

    Auditflow Audit Update | MyWorkpapers

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