DESCRIPTION
This module prepares participants for their roles in performing workpaper reviews, covering key responsibilities and strategies for effective performance. Participants will learn the basic documentation requirements contained in the professional standards and participate in several learning activities focused on recognizing the characteristics of high-quality audit documentation and impactful review comments. The module closes with a hands-on case study in which participants will practice conducting a detailed review of audit documentation and writing clear review comments for the preparer.
LEARNING OBJECTIVES
- List audit documentation requirements prescribed by professional standards
- Contrast effective audit documentation with unclear or incomplete audit documentation, including identification of common documentation missteps or gaps
- Evaluate audit documentation for completeness, clarity, and linkage to risks and procedures to determine when review comments or edits are required
- Create high-quality review comments that are specific, actionable, and documented clearly to support effective supervision and timely resolution
