Audit Documentation
Accounting glossary · Understand, connect, apply
Audit documentation records the procedures performed, evidence obtained and conclusions reached during an audit.
Example
A working paper explains the receivable population tested, the selection approach, the results and how the auditor resolved exceptions.
Remember the difference
A working paper should let an experienced auditor understand the work and its conclusions. A checked box without a record of what was tested gives limited context.
Browse the accounting glossary · PCAOB reference: AS 1215
Prepared with AI assistance. Examples are fictional and simplified for learning.
Examples are simplified for learning. Where a term depends on US law, IFRS, US GAAP or a historical rule, check the context explained above and the requirements relevant to your course.
Study references: OpenStax financial accounting and managerial accounting. For reporting requirements, consult the applicable IFRS Standards or FASB guidance. US tax terms should be checked against the relevant tax-year IRS instructions.
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