Audit Referencing Help


S

Shane

I am not an accountant, which is why I hope this questions doesn't make
look like too big a knickle head, rather I am an IS auditor and
relatively new at that (1 year experience in a mixed environment
conducting SAS 70 audits and general consulting engagements)...

I need some clarification on referencing Work Papers. I have my
Summary work paper, then either PBC documentation and/or supporting
work paper (usually as a result of a sample selection) based upon PBC
documentation and I am thoroughly flippin confused at this point as to
how in the heck I reference this properly. How I have it now is as
follows:

Work Paper W/O a Sample:

Summary = xyz-wp-01
PBC Documentation = xyz-wp-01.1, 01.2, 01.3, etc... (W/appropriate tick
marks)

Work Paper W/Sample:

Summary = xyz-wp-01
Supporting WP = xyz-wp-01.1
PBC Doc. (Sample was selected from this doc.)= xyz-wp-01.1-1
Individual Sample Selections = xyz-wp-01.1-1a

Am I doing this right???? At some level it makes sense and at another I
don't feel as though I am remembering this properly...

HELP.
 
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D

David Jensen

I am not an accountant, which is why I hope this questions doesn't make
look like too big a knickle head, rather I am an IS auditor and
relatively new at that (1 year experience in a mixed environment
conducting SAS 70 audits and general consulting engagements)...

I need some clarification on referencing Work Papers. I have my
Summary work paper, then either PBC documentation and/or supporting
work paper (usually as a result of a sample selection) based upon PBC
documentation and I am thoroughly flippin confused at this point as to
how in the heck I reference this properly. How I have it now is as
follows:

Work Paper W/O a Sample:

Summary = xyz-wp-01
PBC Documentation = xyz-wp-01.1, 01.2, 01.3, etc... (W/appropriate tick
marks)

Work Paper W/Sample:

Summary = xyz-wp-01
Supporting WP = xyz-wp-01.1
PBC Doc. (Sample was selected from this doc.)= xyz-wp-01.1-1
Individual Sample Selections = xyz-wp-01.1-1a

Am I doing this right???? At some level it makes sense and at another I
don't feel as though I am remembering this properly...

HELP.
If you are internal audit, ask your manager. If you are attest, ask your
managing partner. Companies and firms have slightly differing standards
and there is no universal numbering standard.
 

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