Audit Staff Essentials - New Staff Core Concepts: Working Papers and Working Paper Documentation in a Financial Statement Audit

Documentation, documentation, documentation!

Documentation is an essential part of an audit. But, as new audit staff, you may struggle with questions related to documenting audit procedures.

You can learn optimal techniques for documentation, including how to:

• Prepare various working papers that comply with professional standards
• Incorporate the appropriate level of detail in your documentation
• Identify and use common working paper efficiencies

Your audit learning journey

This CPE course can be purchased individually or as a part of the Audit Staff Essentials – New Staff: Core Concepts staff training bundle.

Who Will Benefit

• Recently onboarded staff
• First-year staff
• Firms that want consistent training and level setting

Key Topics

• Professional standards and requirements
• Creating quality audit working papers
• Organizing and referencing audit working papers
• Working paper efficiencies

Learning Outcomes

• Recall the requirements of professional standards to prepare audit documentation for an audit of financial statements.
• Recall the common procedures in preparing quality audit documentation and common efficiencies.
• Identify the appropriate structure, format, and traditional conventions utilized by the profession in preparing audit documentation.