Client Name
Working Paper Title
Balance Sheet Date
Prepared By Client?
Working Paper #
Preparer
Date Completed
Reviewer
Date Reviewed
Objective
If not addressed elsewhere in the audit file (e.g. in the audit program), describe the nature of the procedures to be performed and the
assertion(s) being tested.
Results of Procedures and Evidence Obtained
In this section, document the results of the audit procedures performed. The form and content of the documentation will depend on the
nature of the procedures performed; however, the documentation must be sufficient to enable an experienced auditor, having no previous
connection to the audit, to understand the extent of the auditing procedures performed, the results of those procedures, and the audit
evidence obtained.
Documentation should
- Include the identifying characteristics of the specific items tested;
- Demonstrate that accounting records agree or reconcile with the audited financial statements or other audited information; and
- Include any significant findings or issues, as well as actions taken to address them (including any additional evidence obtained).
Tickmarks can save the auditor time and space by explaining procedures performed in one centralized location. Commonly used tickmarks
Tickmark Legend
F
CF
Ç
PY
TB
GL
R
C
T
ⒶⒷⒸⒹ
Footed
Crossfooted
Calculation checked and agreed
Agreed to prior-year's working papers
Agreed to trial balance
Agreed to general ledger
Agreed to report
Agreed to confirmation
Traced to (describe source)
Use to explain procedures and findings
①②③④
Use to cross-reference items within the working paper
 Use to indicate a test was performed and no exceptions were noted
Conclusion
If significant findings or issues were noted, document the conclusions reached thereon, and significant professional judgments made in
reaching those conclusions