AFS audit library
The tasks started from the “Одит на ГФО” (Annual financial statements audit, AFS audit) process library are of two types:
| Type | Keyword in the title | Content |
|---|---|---|
| Client tasks | “докум.клиенти” (client documents) | Documents and materials for the client to provide. Some have attached supporting files for the client. |
| Test tasks | “РД” (working paper, WP) | Templates with sample programs for testing the audit areas and supporting information for performing and structuring the working papers. |
The keywords let you easily separate the two types of tasks with a search by title and process them in bulk.
Additional sections in the tasks
File preview
All tasks in the library have a File preview section. If PDF files are attached to the task, a list of them is shown on the left for quick viewing.
Notes
All tasks have a Notes section, in which notes are kept, grouped by topic.
For example, in a “ZKPO” topic you can record all increases and decreases of the financial result for tax adjustment while you perform the respective task. The system summarizes the topic across all tasks and shows a summary report for the engagement, which makes it easier to check the tax return under the Corporate Income Tax Act (ZKPO). You can use topics such as “Consolidation”, “Disclosures”, etc. in the same way.
Findings and recommendations
Working paper tasks (“РД”) have a Findings and recommendations section for direct communication with the client. It describes the findings and the risk they pose to the financial statements. The client can accept or reject the risk or take action to fix the problem. All communicated findings are summarized for the engagement and can also be seen in a summary list for all clients.
Findings/review/errors
The Findings/review/errors section is used for:
- a summary of the findings from all procedures performed for the specific audit area;
- entering the errors found by audit area and the corrections made later;
- notes by the responsible auditor when reviewing the task.
Corrected and uncorrected errors, findings and reviews are summarized in a combined report for the engagement.
The section is added with the ADAuditWorkingPaper custom action.