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Audit Documentation- Master Answer-Meaning, Old Course - (P16M/N16R/M19R/
QNO--
230.01 Nature and Purpose SM17/N18M/N19R/SM20/SM21/M23M/M23R)
Bhaskar CNO C2OC.020 New Course —(SM25)

Define audit documentation. Also give some examples.
OR
The audit working papers constitute the link between the auditor’s report and the client’s records. Explain
clearly stating the definition and purpose of audit documentation.
OR
Audit documentation provides evidence of the auditor’s basis for a conclusion about the achievement of
the overall objectives of the auditor and evidence that the audit was planned and performed in
accordance with SAs and applicable legal and regulatory requirements. Explain stating clearly purpose of
audit documentation.

OR
Audit Working Papers.
OR
Discuss the meaning and nature of Audit Documentation.

OR

The audit working papers constitute the link between the auditor’s report and the client’s records. Explain
clearly stating the definition and purpose of audit documentation.
Answer ➢ Definition
• The record of audit procedures performed, (Test of Controls / Substantive Procedures)
• Relevant audit evidence obtained, and (Oral / Visual / Documentary)
• Conclusions the auditor reached(Modified or Unmodified)
(Terms such as “working papers” or “work papers” are also sometimes used).

➢ Examples
• Audit documentation may be recorded on paper or on electronic or other media.
• Examples of audit documentation include:
• Audit programmes. (At initial stages)
• Checklists. (While Performing Audit)
• Analyses. (Throughout the audit)
• Issues memoranda. (Unresolved matters between auditor & client)
• Summaries of significant matters. (Significant Risk / Significant Difficulties / Material
Misstatements etc.)
• Correspondence (including e-mail) concerning significant matters.
• Letters of confirmation and representation. (Taken near end of the audit)

Author’s note
If question talks about purpose follow CNO-230.03

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