Audit System FAQs Guidecard
The following table details key areas and functions within Task Audit template and the frequently asked questions (FAQs) about each
Area
Description
Frequently asked questions
Before you
start
There are a number of things to consider before starting on your audit files.
These considerations should include:
• Whether or not to customise the template
• Whether a combined engagement file is required
• How to utilise the Audit System template in your firm
176:
575:
290:
553:
655:
Programs and
checklists
Programs and checklists are the most important feature of the Task Audit
template. They are used to document the procedures performed on the
audit engagement
402: What are the different audit document formats?
236: How do I quickly delete multiple procedures in an Audit program or checklist?
438: How do I insert the risk report at the top of programs / checklists?
Audit
planning
Planning and risk are the key areas of the audit engagement and between
them Task Audit has over 30 programs, checklists and questionnaires
620:
428:
580:
659:
614:
609:
610:
615:
How do I setup the Engagement Properties for planning balances?
How to use document 40-205 - 'Understanding the Entity'
Copy risks from one engagement file to another
How do I create a PDF of my planning or interim workpapers?
Tip Vid #14 - How to use the Engagement Road Map (ERM)?
Tip Vid #15 - How to use the Materiality worksheets?
Tip Vid #16 - How to use the ‘FSA’ and DARTs?
Tip Vid #17 - What are some other Audit System documents?
Audit
completion
and review
CaseWare Work Papers and the Task Audit template provides an effective
review process through various tools and workpapers
65:
406:
357:
320:
395:
How do I add a reference to a procedure within an audit program?
What are some 'Hints' to save time when gathering the evidence for an audit file?
How to track changes after an engagement file has been reviewed?
Information regarding CaseWare’s 37 pre-defined ratios
What is RiskSpace?
Roll forward
and updating
After completing an engagement, users can roll forward the file ready for
use in the next reporting period. This process rolls balances into the prior
year column, but can also be made to include or exclude documents,
issues, annotations and analysis data
184:
216:
645:
554:
647:
608:
540:
653:
How do I roll forward recorded risks?
How do I compare the audit document versions with the template?
How do I retain Document ‘Guidance’ References when doing a Roll Forward?
How do I roll Forward my ‘Document References’?
What’s the difference between ‘Full’ and ‘Condensed’?
Tip Vid #13 - What is the New File Dialog and Audit Optimiser?
Tip Vid # 6 - How to use the Programs / Checklists / Worksheets in the Audit Template?
Tip Vid #19 - How to prepare an engagement file for next year?
Task Audit Template Guide
Audit System Process Map
How do I create a new combined audit and financials engagement file?
How do I copy the ICAA Audit Manual to my Desktop?
How do I assign the correct Content Library path to my engagement file?
The answers to these FAQs can be found by entering their number into the ‘Search the Knowledgebase’ field on the CaseWare Australia & New Zealand website at: www.caseware.com.au/faq