Wiley Practitioner's Guide to GAAS 2022

4AU-C 230 Audit Documentation

• Scope
• Definitions of Terms
• Objective of AU-C Section 230
• Requirements
  • Requirement for Audit Documentation
  • Form, Content, and Extent of Audit Documentation
  • Ownership and Confidentiality
  • Standardization of Audit Documentation
  • Preparation of Audit Documentation
  • Quality of Audit Documentation
  • Audit Documentation Deficiencies
  • Documentation Requirements in Other Sections
• Interpretations
  • Providing Access to or Copies of Audit Documentation to a Regulator
• AU-C 230 Illustrations

SCOPE

AU-C 230 concerns the audit documentation the auditor is expected to prepare. See also other standards, laws, or regulations. (AU-C 230.01)

DEFINITIONS OF TERMS

Source: AU-C 230.06. For definitions related to this standard, see Appendix A, “Definitions of Terms”: Audit documentation, Audit file, Documentation completion date, Experienced auditor, Report release date.

OBJECTIVE OF AU-C SECTION 230

AU-C Section 230.05 states that:

1. The objective of the auditor is to prepare documentation that provides
2. applicable legal and regulatory requirements.

   (AU-C Section 230.05)

REQUIREMENTS

REQUIREMENT FOR AUDIT DOCUMENTATION

The auditor must prepare audit documentation, on a timely basis, in sufficient detail to provide evidence:

• About the conclusions reached; and
• That the audit was planned and performed in accordance with GAAS and relevant legal and regulatory requirements.

  (AU-C 230.02)

The form and content of the audit documentation should be designed for the ...