Skip to Main Content
Wiley Practitioner's Guide to GAAS 2023, 2nd Edition
book

Wiley Practitioner's Guide to GAAS 2023, 2nd Edition

by Joanne M. Flood
April 2023
Intermediate to advanced content levelIntermediate to advanced
1056 pages
34h 59m
English
Wiley
Content preview from Wiley Practitioner's Guide to GAAS 2023, 2nd Edition

4AU-C 230 Audit Documentation

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.

OBJECTIVES OF AU-C 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 under GAAS and relevant legal and regulatory requirements.

(AU-C 230.02)

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

Audit ...

Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.
Start your free trial

You might also like

Wiley Practitioner's Guide to GAAS 2022

Wiley Practitioner's Guide to GAAS 2022

Joanne M. Flood

Publisher Resources

ISBN: 9781394152704Purchase Link