Workpapers are the building blocks for an audit. If relevant details are not listed in the workpapers, the manager and partner might not know about them or consider their ramifications. Everyone knows a poorly prepared workpaper is a time-waster for the preparer, for the reviewer and for the partner, so proper workpaper preparation is critical. In this webcast you will learn the basics of workpaper preparation—form and content—to make sure everything significant is properly documented.
Apply basic standards regarding workpaper documentation and proper workpaper technique
Essential components of a workpaper
Preparing and maintaining workpapers
Different types of workpapers
Documenting audit tests
Workpaper critique
Improving workpaper technique