calculator calculation insurance finance 53621

Importance of maintaining and keeping audit working papers.

Audit working papers are documents which record all audit evidence obtained during financial auditing. Guidelines on how how to prepare and maintain working papers is given by ISA 230 Audit documentation. auditor is required to prepare on timely basis audit documentations that provide:

  • a sufficient appropriate record of the basis for the auditors report, and
  • the evidence that the audit
Read the rest