CaseWare Audit International. Getting Started Guide Existing Users. For Audit International 15.0

Transcription

1 CaseWare Audit International Getting Started Guide Existing Users For Audit International 15.0

2 Copyright and Trademark Notice Copyright CaseWare International Inc. ( CWI ). All Rights Reserved. Use, duplication, or disclosure by the United States Government is subject to the restrictions set forth in DFARS (1)(ii) and FAR Notice to U.S. Government End Users. This publication and the related computer software was developed exclusively at private expense and for the purposes of U.S. acquisition regulations the related computer software is commercial computer software subject to limited utilization ( Restricted Rights ). This publication may only be copied and otherwise used as permitted in the applicable license agreement and, subject to the express terms of such license, use of this publication is subject to the following terms and conditions: All copyright and other proprietary notices must be retained on every copy made. CWI has not conferred by implication, estoppel or otherwise any license or right under any patent, trademark or copyright of CWI or of any third party. This publication is provided as is without warranty or condition of any kind, either expressed or implied, including, but not limited to, the implied warranties of merchantability, fitness for a particular purpose, or non-infringement. This and related publications may include technical inaccuracies or typographical errors. Changes are periodically made to CWI publications and may be incorporated in new editions. CWI may improve or change its products described in any publication at any time without notice. CWI assumes no responsibility for and disclaims all liability for any errors or omissions in this publication or in other s, which are referred to within or linked to this publication. Some jurisdictions do not allow the exclusion of implied warranties, so the above exclusion may not apply to you. Should you or any viewer of this publication respond with information, feedback, data, questions, comments, suggestions or the like regarding the content of any CWI publication, any such response shall be deemed not to be confidential and CWI shall be free to reproduce, use, disclose and distribute the response to others without limitation. You agree that CWI shall be free to use any ideas, concepts or techniques contained in your response for any purpose whatsoever including, but not limited to, developing, manufacturing and marketing products incorporating such ideas, concepts or techniques. This publication is distributed internationally and may contain references to CWI products, programs and services that have not been announced in your country. These references do not imply that CWI intends to announce such products, programs or services in your country. Product names, logos, designs, titles, words or phrases within this publication may be trademarks, service marks, or trade names of CWI or other entities and may be registered in certain jurisdictions. Chromium Embedded Framework - Copyright (c) Marshall A. Greenblatt. Portions Copyright (c) Google Inc. All rights reserved. Printed and bound in Canada. Revision Date Comment CaseWare International 469 King Street, 2nd Floor Toronto, Ontario, Canada M5V 1K4 Telephone: Fax: Website: E June 2013 V15.00

3 Table of Contents 1. Getting Started Overview of Audit International System Requirements Updating the Existing Audit International Master Template Download your Audit International update installation Make a backup of your existing master Audit International template Install and update Audit International master template Reviewing and making further changes Updating and content version Firm Repackage and Distribution Updating Existing Audit International Client Engagement Files Install the Firm author s repackaged template Updating each client file to the new version Notification of an update Update from Template Notification Template Update Updating Groupings Updating Settings Updating Documents Updates to procedures in Work programs and Checklists Creating a Client File Creating a Client File based on Audit International Creating a Client File from Existing Client Data Getting supplemental s for your file Getting Help Troubleshooting - Did you encounter problems? Technical Support Contact Us Appendix Content Update Listing of Document Changes Content changes between Rev B and Content changes between Rev A and Rev B... 23

4 1. Getting Started 1.1 Overview of Audit International CaseWare International Inc. licenses certain content for Audit International under agreement with the Canadian Institute of Chartered Accountants (CICA). The content provides non-authoritative guidance on applying International Standards on Auditing (ISAs) issued by the International Auditing and Assurance Standards Board (IAASB). The CICA describes their ISA Engagement Forms as "a comprehensive practice assistance tool designed to assist practitioners with the implementation of International Standards in the audit of small- and medium-sized enterprises. Developed by the authors of IFAC s Guide to Using International Standards on Auditing in the Audits of Small- and Medium-sized Entities, these forms will assist you in meeting the needs of individual engagements according to IFAC's international auditing standards, and provides you with the added functionality of completing them electronically." The content is updated on a regular basis by the CICA and practitioners should ensure that they are using the most up to date version of all forms. Condensed audit forms ("c" forms) are abbreviated versions of the standard ISA audit forms. They are designed primarily for use on smaller engagements by auditors who understand the ISA requirements. Compliance with ISA requirements is required regardless of what forms (standard, condense or memos to file) are used. Additional information is provided on the use of "c" forms on Form 001c. The sample forms, checklists, work programs, and tools provided in the template are useful practice aids that can save time and money while ensuring completeness and consistency. However, these practice aids do not address the wide range of circumstances, risk factors, or specific industry issues that may exist for a particular client or groups of clients (such as those operating in a specialized industry). Consequently, forms should always be tailored to address the known facts and circumstances of each engagement. For further information on applying ISAs to various sized entities, please see the IAASB articles available on their website, CaseWare has supplemented the CICA content with additional content covering areas not currently addressed by the CICA. Disclaimer These forms are designed to assist practitioners in the implementation of the International Standards of Auditing (ISAs) on the audit of small- and medium-sized entities. The forms are not intended to be a substitute for the ISAs themselves. A practitioner should utilize these forms in light of his or her professional judgment and the facts and circumstances involved in each particular audit. CaseWare International Inc. disclaims any responsibility or liability that may occur, directly or indirectly, as a consequence of the use and application of these forms. Copyright The Audit International template is copyrighted by CaseWare International Inc. Use of this template is subject to CaseWare International Inc. s end user license agreement. All intellectual property rights in the software and content remain the exclusive property of CaseWare International Inc. or the Canadian Institute of Chartered Accountants, as the case may be. When using this template, you must comply with the law, including without limitation, copyright laws. 1

5 1.2 System Requirements The Audit International template is designed using CaseWare Working Papers. To update your existing files, your Audit International master template and client engagement files must be Version , 12.00, or To check the version of your engagement file or master template: 1. Open your master file or engagement client file. 2. Click on the Documents button to open the manager. 3. Open any Audit International such as a checklist or a work program. 4. From the Help menu, select About Audit and check the version number. 2

6 2. Updating the Existing Audit International Master Template The firm s customized master template should be updated by the Firm author. Once updated, the master template can be further customized, repackaged, and distributed to your users. The update includes changes for both functionality and content. The installation of the update modifies the master template and installs files needed for the client file updates. Users need to update each of the existing client files. A detailed list of changes to the content for recent versions can be found in the Appendix to this guide. 2.1 Download your Audit International update installation To download your Audit International update installation: 1. From the download page, locate the most recent version of the update file. 2. Right-click and save the CWUpdate.cwp file. The file is saved to your hard drive in the directory you choose. When saving to your computer, do not change the name of the file. This could result in an inability to install the software correctly. Do the following: a. Specify the directory where you want the file to be saved (preferably an empty folder) and click Save. b. Close your browser. 2.2 Make a backup of your existing master Audit International template Prior to installing the Audit International update, the Firm should make a backup of your master Audit International template. To create a template backup: 1. Close all instances of CaseView. 2. From Working Papers, select Tools Templates. 3. Select the Template (Audit International) to back up, and select Repackage. 4. In the Template Package Wizard, click Next, then select the name and destination of the Output File. 5. Click Finish. 6. Save the backup to a secure location. 2.3 Install and update Audit International master template The Audit International update can be installed on the Firm author s copy of the master template. Once updated, the firm author can review the changes, make further customisations if necessary, and repackage the master file. Your staff should install the firm s repackaged master template with the update rather than the downloaded update. If your firm does not make any firm customizations to the master template, your staff can install the update as well. 1. Ensure you have created a backup of your master template as outlined in section

7 2. Using My Computer or Windows Explorer, locate and double-click the CWUpdate.cwp file you downloaded in step 2.1. (The file is where your Web browser saved it.) This will begin the installation. 3. Follow the instructions on screen. Note: Updating the master Audit International template will take minutes. Note: The order of s that appears in the manager has been streamlined for ease of use and to tie to the dashboard steps. As the changes to the manager have been extensive, the update also includes the rearrangement of the manager in your master file. Any firm authored folders or s will appear either the top of the manager or at the top of their respective folder. The firm should review the manager and perform a one-time rearrangement of s if needed. The manager of engagement files will not be rearranged, with the exception of any new files appearing at the top of the manager. 2.4 Reviewing and making further changes Once the update has completed, review the changes applied to the master template and make further customization to the template. Check the What s new in section of the help to review the functionality updates. A detailed list of changes to the content for each version can be found in the Appendix to this guide. Best Practice: Open the AO General settings to review the settings, especially those that are new to Modify the settings as necessary to suit your firm Updating and content version Use the version numbers in CaseView Document Properties to indicate when a has been modified or replaced, and when the content of a work program or checklist has been updated. The client file Update process uses the version numbers to make updates to client files. If the Document Version is updated, the user will be prompted to replace the entire during the client update process. Changing the Content Version will replace updated content in a work program or checklist (procedures, guidance, or Audit Response Tables in which the version number has been increased). The following convention is used for content and versions as well as versions used in mappings/groupings: The first digit of the version is reserved for changes created by CaseWare. The second digit of the version is reserved for changes created by distributors. The third digit of the version is reserved for firm authors. As the firm author, in practice, you should only change this third digit. For example, if the current version is 2.1.3, the next version to use would be

8 To indicate that a has been modified or replaced: 1. In the Document Manager, right-click the that has been modified or replaced, and select Properties. 2. In the CaseView Document Properties dialog, click the Template tab. 3. In the Document Version field, type the new (increased) version. 4. Click OK. Note: If there have been firm modifications to the AO General options, update the Document version number as specified above as well To indicate that the content of a work program or checklist has been updated: 1. For each work program or checklist, open the and update procedures. 2. Increase the version number of any existing procedures that has been modified. 3. Once complete, save and close the. 4. In the Document Manager, right-click the that has been modified or replaced, and select Properties. 5. In the CaseView Document Properties dialog, click the Template tab. 6. In the Content Version field, type the new (increased) content version. 7. Click OK To indicate that a mapping or grouping structure has changed: 1. In the Document Manager, from the CaseView Tools menu, select Template Versions. 2. In the Template Versions dialog, click the General tab. 3. Locate the field corresponding to the mapping or grouping that has changed. For example, if the Group 1 structure has changed, you will need to change the version in the Group 1 Structure field. 4. In the field that you located in the previous step, type the new (increased) version of the mapping or grouping structure. 5. If additional mapping or grouping structures have changed, repeat steps 3 and 4 as needed. 5

9 2.5 Firm Repackage and Distribution If your firm has customized content or modified the template to better meet the requirements of your firm, you will need to distribute your Firm s updated templates to users. Any additional s added by the Firm are added to the repackage and will be available to engagements. 1. Close all instances of CaseView. 2. From Working Papers, select Tools Templates. 3. Select the Template with the customizations, and select Repackage. 4. In the Template Package Wizard, click Next, then select the name and destination of the Output File. 5. Select Finish. 6. Retain a back-up of the templates. 7. Provide the repackaged Firm-customized template to your users. 6

10 3. Updating Existing Audit International Client Engagement Files Client Engagement files can be updated conveniently and easily from a Master template. Users should install the firm author s repackaged template, which contains files necessary to update your client engagement files. Once installed, when you open a client file, a notification window informs you that new updates are available. Dialog boxes enable you to control the updating of new functionality, General Options settings, mapping and grouping structures, s, and procedures in work programs and checklists. It is highly recommended that the update not be applied to a file after the engagement has been started for the year. Best Practice: If you are using the SmartSync version of Working Papers, to optimize performance, the update should be performed on the Parent file after all sync copies have synced their changes to the Parent. The update can be performed on a sync copy as long as it has received all changes from other sync copies. 3.1 Install the Firm author s repackaged template 1. Using Windows Explorer, locate the.cwp file distributed by your firm. Your firm should provide the location of this file. 2. Copy the file to your desktop and then double-click the file. The Setup program opens. The on-screen instructions will guide you through the installation process. 3. Unless otherwise directed by your firm s IT team, the files are installed to the following directories: C:\Program Files\CaseWare\Document Library\ and C:\Program Files\CaseWare\Library. If necessary, you can change the default paths. 4. Click Finish. The template installation will begin. Upon successful completion of the template installation, a dialog will appear indicating such. Click the Close button to continue. Note: The installation process may take several minutes. 3.2 Updating each client file to the new version After the installation of the Firm author s repackaged template, the master template is now up-to-date and you are ready to update your engagement client files. The update is accessible upon opening your engagement client file Notification of an update Open an active client file in Working Papers. A notification balloon appears at the top left of the manager, notifying you that an update is available. Click in the notification balloon to start the update process. 7

11 Note: You can also click Check for Updates from the update popup menu Update From Template Status, in the status bar near the bottom right of the window Update from Template Notification An Update from Template Notification dialog appears that displays a list of the s and components to be updated. Click Yes to continue with the update, or click No to postpone the update. If you click Never, the notification balloon will no longer appear when template updates have been made available. Note: The update can still be manually performed by clicking Check for Updates from the update popup menu Update From Template Status. 8

12 3.2.3 Template Update The Template Update dialog appears when there is a new version of the template. Clicking Update will update the functionality of the client file to the latest version of the template, allowing the engagement team to take advantage of any new features. Clicking Cancel will cancel the update process. Note: During the update process, a Back Up dialog may appear. This enables you to back up your client file before performing any updates. In this dialog, type the location of the backup folder. Click OK to perform the backup, or click Cancel to cancel the backup. 9

13 3.2.4 Updating Groupings From time to time, Firm authors may update other areas of the master template. The following dialog will show only when the firm authors have made changes to Mappings / Grouping structures. Click Update to update all structures, or click Skip to skip this step for now Updating Settings If your firm author has updated the General settings, such as the firm modifying the assertions or the risk properties, the Settings dialog appears. This dialog will show only when the firm authors have made changes to the AO General options. Click Update to update all settings, or click Skip to skip this step for now Updating Documents If s have been added, deleted, or changed as part of this update, the Documents dialog appears. The file listing is collapsed by default. Depending on the number of s that appear in this section, you may need to click on each heading for Documents, Deleted Documents, and Updated Documents to open the listing of affected s. For each in the update, click on the checkbox under Add, Delete, or Update to include this in the update, or click N/A to indicate it is not applicable and exclude it from the update. For example, if a does not need to be in this engagement file, under Documents, select N/A and the will not be brought into the file. Once N/A is selected, the will not be displayed in the dialog. If N/A has been selected in error, select the Show N/A checkbox at the bottom to display all items that have been selected as not applicable for this engagement. Click the Update button to perform the update, or click Skip to skip this step for now. 10

14 Note: Any new s will be added to the Documents folder at the top of the Document Manager. Any s that you want to add or replace after the update process can be inserted from the Document Library. Note: The content changes made in this version range from significant to trivial. Not all updates may be necessary or applicable for every engagement. Refer to the Appendix for detailed information on content changes Updates to procedures in Work programs and Checklists If work programs or checklists contain new or updated procedures, the Procedures dialog appears. For each work program or checklist in the update, click the N/A check box to ignore updates for this work program or checklist. Click Update to update all procedures in work programs and checklists that are not ignored, or click Skip to skip this step for now. The N/A checkbox selections are retained with the engagement and will stay checked for all subsequent updates. Click the Show N/A checkbox to display all items that have been selected as not applicable for this engagement. 11

15 4. Creating a Client File The Audit International template can be integrated with your client data in the following way: Note: Create a new file based on the CaseWare Audit International template (i.e., there is no existing client data at the time of creation) Creating a new file with existing client data If security is enabled for Audit International, a message opens indicating that security is enabled. A Log In dialog will appear, in which you can enter your user name and password. You will be required to log in a second time once the creation of the new file is completed. If Working Papers is open, on the File menu you can select to launch the Create File dialog. 4.1 Creating a Client File based on Audit International 1. In CaseWare Working Papers, select from the menu File, then select Create a new file and click OK. 2. Enter a name for your client file and select the Audit International file as the base file. 3. The Engagement Profile Selector dialog will appear in Working Papers. Select the profile that best suits the engagement. All components of the selected template and general settings are copied automatically into the new client file: Minimal The Minimal profile includes automatic s and work programs. The default ation included is not ISA-compliant. Basic The Basic profile includes automatic s, work programs, materiality, and the Financial Assertions Worksheet. The default ation included is not ISAcompliant. OneForm The OneForm profile includes automatic s, work programs, materiality, and the Financial Assertions Worksheet. It also includes OneForm, a memo designed as a framework for ISA ation requirements. OneForm + The OneForm+ profile uses the OneForm profile and adds CaseWare's automated risk tracking and reportable item modules. Core The Core profile includes all available features and the Core s included in the International toolkit based on the IFAC SME guide. Tailor per engagement The Tailor per engagement profile includes all available audit features and all s included in the International toolkit based on the IFAC SME guide. No Profile If selected, all s from the master file will be copied into the client file. 4. Once all relevant s have been included in the engagement file, the Engagement Properties dialog is displayed. Select the beginning and ending dates for your client s fiscal year. Click OK. 12

16 5. When a profile is selected, an Optimiser Checklist will automatically open, prompting the engagement team to answer a series of questions related to the engagement. Answering each question will mark the associated s for deletion in the Audit Optimiser Confirmation Report (AOCR), and all unnecessary procedures will be automatically removed from work programs. 4.2 Creating a Client File from Existing Client Data A new file can be created from a client data source. Company details, accounts, journal entries, and other accounting data are imported from the specified data source and included in the new file. 1. Open CaseWare Working Papers. Select Create a new file from client data and click OK. 2. Bring in the trial balance by choosing one of three options: Client data file based on an existing QuickBooks 1 accounting file Existing file based on an existing Working Papers file Other data source based on another accounting package 3. Click Next. Choose the file whose trial balance data you want to include in the new file. 4. Click Next. Enter a name for your client file and select the Audit International file as the base file. 5. Click Finish. All components of the template are copied automatically to your new client file. 6. After the copying is completed, the Engagement Profile Selector dialog will appear in Working Papers. Select the profile that best suits the engagement. All components of the selected template are copied automatically into the new client file. For types of engagement profiles, see Creating a Client File Based on Audit International 7. Once all relevant s have been included in the engagement file, the Engagement Properties dialog is displayed. Select the beginning and ending dates for your client s fiscal year and click OK. 4.3 Getting supplemental s for your file Engagement profiles add selected s to your engagement. Other forms may be required for your engagement. The other forms and worksheets have been compiled into the Audit International Document Library, which installs with the template. To include additional s in a client file: 1. In the client file, select Insert Document From Document Library. 2. Click the Source drop-down and select Audit International. 3. Select the (s) you wish to include in your client file and click Add. 1 QuickBooks TM is a registered trademark of Intuit Inc. 13

17 5. Getting Help 5.1 Troubleshooting - Did you encounter problems? Ensure that you have write privileges in the directories specified for the installation. Ensure that there is enough free disk space on the hard drive to meet the system requirements listed in this guide. Refer to the Norton AntiVirus section below if you receive a message indicating a malicious script being detected. Norton AntiVirus If you are using Norton AntiVirus and running the CaseWare Audit International template, you may receive a warning from Norton of a malicious script being detected. This warning tells users that a running program is creating s on their system. Since this is how CaseWare Audit International generates many of its files, Norton AntiVirus identifies CaseWare Audit International as a potential problem. The first time that the message appears, the user should select the Authorize this Script option to tell Norton that CaseWare Audit International is a trusted application. This prevents any future alerts when using the program. Note that FileSystemObject activities continue to be monitored, so any worms using this object will still be detected. 2 Help The CaseWare Audit International template comes equipped with a complete Help system. Help can be accessed by using the Help Button icon from the toolbar or by using the Help button in dialogs. Training Material Users interested in training should refer to the Training section of the CaseWare International website ( CaseWare QuickVids CaseWare QuickVids for CaseWare Audit International provide quick tutorials of the key functionality in Audit. Streamed in video format, the QuickVids will help you take advantage of the many powerful features in Audit. Throughout the help, QuickVids topics are indicated by. To view the QuickVids, visit the Audit Help Centre on the CaseWare International website ( Remember to check back regularly as QuickVids are added to the CaseWare website. 2 2 Symantec, the Symantec Logo, Altiris, NetBackup, Norton, and Veritas are trademarks or registered trademarks of Symantec Corporation or its affiliates in the U.S. and other countries. Other names may be trademarks of their respective owners. 14

18 5.2 Technical Support The CaseWare Support Network offers you a wide range of choices and access to high quality, responsive technical support. Before contacting technical support, please consult the online Help and any other s included with this package as your first source to solve a problem. Check the CaseWare website at for the latest troubleshooting and technical information. If you are unable to find the templates, you can receive information about obtaining CaseWare Technical Support by contacting CaseWare International. What you need to tell us When you contact technical support, you should be at your computer and have your ation handy. Be prepared to provide the following information: Your Client number. The product version number. The type of computer hardware you are using. The Working Papers version number, found by clicking the Help menu and selecting About. The software version number of MS-Windows. The exact wording of any messages that appear on your screen. A description of what happened and what you were doing when the problem occurred. A description of how you tried to solve the problem. 5.3 Contact Us Comments and suggestions about our software and this manual are appreciated. As a user of our products, you are in a unique position to provide ideas that have an impact on future releases of this and other products. You can contact our support teams in several ways to provide your comments. Contact information for CaseWare support for your country can be found on our web site at 15

19 6. Appendix Content Update Listing of Document Changes 6.1 Content changes between Rev B and During the engagement update process, users have the option to select various s where there may be a difference between the engagement file and the master template. Not all s may be relevant to an individual engagement. The changes to the content are summarized into the following areas: Content (11 s) The following s are new to and will appear under the Documents section of the update process. These are supplementary s that are intended to assist the auditor in performing an engagement. These s may not be necessary for every engagement. Document Number Document Name Type Description 2.05 Financials ratio report Worksheet The Financials Ratios Report includes pre-defined financial ratios that update automatically based on the data in the client file. This report can be provided to the client. ONEFORM. Audit Memo Worksheet This provides a framework for ing the planning, risk assessment, risk response, and completion areas of the audit. The form assumes that the user is an experienced accountant/auditor who knows the standards and therefore can use a memo to meet the requirements of ISAs. The headings in the OneForm memo are a direct translation of the ation requirements in the ISAs. 400, , , Optimiser checklist Checklist with procedure actions The Engagement Optimisers are designed to allow users to easily tailor areas of the Audit template that may not be relevant to an engagement file. Each of the four Optimisers has been customized for different engagement profiles. Selecting an engagement profile will automatically include the relevant Optimiser in the client file. 16

20 After completing the Optimiser Checklist and the confirmation report, the engagement file is automatically customized for relevant s and procedures. NFF1 and NFF2 Blank flat-form - landscape or portrait Worksheet Two blank worksheet s are included to assist template authors in creating worksheets whose formatting is similar to CaseWare s predefined worksheets. A basic toolbar is provided Communications to be made by the auditor with those charged with governance and management Checklist This checklist addresses all ISA standards that are required to be communicated with those charged with governance and management. DOC Documentation checklist Checklist This checklist outlines all ISA ation requirements as prescribed in each ISA Control design/implementation Entity level and general IT controls (Core) Control Matrix This form is a report that accumulates entity level and IT risks and their associated controls. Revised Documents (39 s) The following s have functional or structural improvements. These s with the exception of 335 are updated in the master template only. If required the updated s can be added to existing engagement files but will not be updated automatically. Document Number Document Name Type Description SAMP and s ending in.125 Worksheet - Substantive sampling - Test of details Worksheet This is designed to assist the auditor in generating sample sizes for substantive audit procedures, projecting misstatements in the population, and performing tests of details. The existing sampling has been expanded. This has been added to areas of the audit where tests of details are commonly used. 17

21 420. Materiality (Core) Worksheet This is designed to determine overall materiality and the performance materiality required to reduce to an acceptably low level the probability that the aggregate of uncorrected/undetected misstatements exceeds overall materiality. Each engagement now displays Profit-oriented or Not-for-Profit criteria as selected by the user. SAP and s ending in.120 Worksheet - Substantive analytical procedures Worksheet This is designed to assist the auditor in planning and performing a substantive analytical procedure. Copies of this have been added to each Financial Statement Area. STOC and s 615-1, 2, 3, 4 Worksheet - Sampling -Tests of controls Worksheet This is designed to assist the auditor when performing statistical sampling on the operation of key internal controls. Copies of this have been added for each default business cycle and 510C. Identifying risks through understanding the entity (Core) Worksheet This is designed to obtain or update the understanding of the entity for the purpose of identifying/updating possible sources of risk. The risk areas of the have been updated to streamline ease of use Worksheet - Summary of identified misstatements (Core) Worksheet This form is designed to misstatements identified during the audit. This has been automated to populate data directly from CaseWare s journal entries. For automation to work, the following automatic s must exist in the file: , , , , , Documents (19 s) The following Documents have been added in These s will appear under the Documents section during the client update process. Document Number Document Name Type Description 18

22 2.25, 2.30, 2.35 Trial balance By leadsheet, By map no, By account number Summarizes trial balance by leadsheet 10.3 Goodwill Cost leadsheet 10.4 Goodwill Amortisation and impairment leadsheet Uncorrected misstatements - all automatic that ties back automatically to updated 335 (see above) Uncorrected misstatements factual automatic that automatically updates 335 (see above) Uncorrected misstatements projected automatic that automatically updates 335 (see above) Uncorrected misstatements judgmental automatic that automatically updates 335 (see above) Adjusted journal entries corrected by client automatic that automatically updates 335 (see above) Adjusted journal entries from client automatic that automatically updates 335 (see above). 19

23 2.100, 2.105, 2.110, Issues- All, My Issues, Outstanding, Review Notes Documents automatic summarizing outstanding issues , 4.20, 4.30, 4.40, 4.50 History - Role completion, Document creation, Document deletion, Document modification, Post lockdown events Documents automatic s to assist in file administration. CaseView s that have been replaced by Documents (7 s) The following s existed as Worksheets in previous versions but have been replaced by CaseWare Documents in These s will appear under both the Deleted Documents and Documents sections during the client update process Document Number Document Name Type Description 455 Worksheet Notes on meetings with management and others Converted to an automatic using CaseWare issues Worksheet Information/analysis requested from management Converted to an automatic using CaseWare issues Worksheet- Team planning discussions action items (Core) Converted to an automatic using CaseWare issues. 425C-1 Worksheet- Team planning discussions action items (Core) Converted to an automatic using CaseWare issues. 370 Worksheet Matters for future consideration Converted to an automatic using CaseWare issues Notes on significant audit Converted to an automatic 20

24 decisions (Core) using CaseWare issues Audit findings and matters for discussion(core) Converted to an automatic using CaseWare issues. Worksheets that have been replaced by Checklists (5 s) The following s have been converted to use the Audit International checklist functionality. These s will appear in both the Documents san Deleted Documents section during the update process. Document Number Document Name Type Description 425 Worksheet Team planning discussions (Core) Checklist Converted to use Audit checklist functionality 425C Worksheet Team planning discussions (Core) Checklist Converted to use Audit checklist functionality 430 Overall audit strategy (Core) Checklist Converted to use Audit checklist functionality 430C Overall audit strategy (Core) Checklist Converted to use Audit checklist functionality 525. Going concern - Identifying events and conditions (Core) Checklist Converted to use Audit checklist functionality Renumbered Documents (8 s) The following s have been renumbered in These s will appear in both the Documents sand Deleted Documents section during the update process Reclassifying journal entries Previously Elimination entries Previously Closing entries Previously

25 2.65 Tax journal entries Previously Tickmarks Previously All adjusted journal entries Previously 6. 4 SAP Worksheet - Substantive Analytical Procedures Worksheet Previously 614. STOC Worksheet- Sampling - Test of controls Worksheet Previously 615. Deleted Documents (56 s) The following s have been removed from the template in These s will appear in the Deleted Documents section during the client update process. Document Number Document Name Type Description 606. Worksheet - Audit plan Worksheet The key information in this is available in each financial statement work program in the Audit Reponse Table (ART). Sample Completed Forms (18 in total) Multiple forms PDF The sample completed forms can be viewed in the demo file. README Additional explanations for Risks and FSA PDF This information and more related to risks available in IFAC s Guide to Using International Standards on Auditing in the Audits of Small- and Medium-sized Entities. 391., 392., , 395. Client discussion notes, review notes, issue discussion notes, significant matters, future considerations Replaced by new issue s that are supported by toolkit s.. 22

26 6.11 and 6.12 Schedule of unadjusted errors and unrecorded journal entries Replaced by 335 and related automatic journal entry s. Various leadsheets (29 in total) Multiple s leadsheets are adjusted to agree to the revised mapping structure. 6.3 to 6.10 Multiple s Documents have been renumbered - see above. 425, 425C, 430, 430C, 525 Multiple s Worksheets Converted to Audit checklist functionality - see above. 320, 330, 370, 440, 445 Multiple s Worksheets Converted to automatic using CaseWare issues - see above. Checklists or Work Programs with Updated Content (3 s) The following checklists and work programs include new or updated procedures. The user has the option to include these new or updated procedures during the client file update process. Selecting to update will only replace the updated content, leaving existing procedures unchanged Optimiser Checklist Checklist with procedure actions Procedures and procedure actions have been updated to coincide with engagement profiles Worksheet - Understanding and evaluation of the internal audit function Checklist and updated procedures exist in this to cover updated ISA Long-term investments - Audit Procedures Work program procedures have been created for this 6.2 Content changes between Rev A and Rev B A summary of all modified s changed between version Rev A and Rev B of Audit International is set out below. Document Number CWI Document Names Document Type Change OVERVIEW Overview of Audit International PDF Updated 23

27 Document Number CWI Document Names Document Type Change 301 Worksheet - Engagement quality control review checklist Checklist 400 Engagement Optmiser Checklist Checklist/Optimiser with Actions 406 Engaged expert firm independence Word 416 Worksheet - Provisions, estimates, allowances and accruals 443 Worksheet Understanding and evaluation of a service organisation 444 Worksheet - Understanding and evaluation of the internal audit function 620 Worksheet - Using the work of an auditor's expert Word Checklist Checklist Checklist Updated procedures Statement of cash flows - Audit program Checklist 5000 Worksheet - Consolidation completion Checklist 5001 Worksheet - EQCR checklist - Group audits involving component auditors 5002 Worksheet - Group audit - Overall strategy 5003 Worksheet - Group audit - Group audit plan 5004 Worksheet - Group audit - Group planning memorandum 5005 Worksheet - Group audit - Group component summary 5006 Worksheet - Group audit Component auditors summary 5007 Worksheet - Group audit - Preparation of group audit instructions 5008 Worksheet - Consolidation - Instructions for consolidation procedures and group financial reporting Checklist Checklist Checklist Word Word Word Checklist Word 24

28 Document Number CWI Document Names Document Type Change 5009 Worksheet - Consolidation procedures Checklist 5010 Worksheet - Goodwill impairment Checklist 5011 Worksheet - Group audit instructions Word 5012 Worksheet - Group audit questionnaire Word 5013 Worksheet - Group audit questionnaire - Subsequent events 5014 Worksheet - Component auditors - Firm summary profile 5015 Worksheet - Component auditors - Firm infrastructure evaluation 5016 Worksheet - Component auditors - Firm methodology evaluation 5017 Worksheet - Component auditors - Firm independence confirmation Property, plant and equipment - Audit procedures Word Word Word Word Word Work program Added 4 procedures Investment property - Audit procedures Work program Added 4 procedures Intangibles and goodwill - Audit procedures Long-term investments - Audit procedures ( Loans and advances receivable - Audit procedures Work program Work program Work program Added 4 procedures Added 4 procedures Added 4 procedures Inventory - Audit procedures Work program Added 4 procedures Investments - Audit procedures Work program Added 4 procedures Accounts receivable, trade and other - Audit Prepaid expenses and other assets - Audit procedures Work program Work program Added 4 procedures Added 4 procedures 25

29 Document Number CWI Document Names Document Type Change Long-term debt - Audit procedures Work program Added 4 procedures Income taxes - Audit procedures Work program Added 4 procedures Loans and advances payable - Audit procedures Notes payable and bank debt - Audit procedures Accounts payable and accrued liabilities Audit Work program Work program Work program Added 4 procedures Added 4 procedures Added 4 procedures Revenues - Audit procedures Work program Added 4 procedures Cost of sales - Audit procedures Work program Added 4 procedures Payroll and other expenses - Audit procedures Work program Added 4 procedures 26