A working paper holds the detailed work for one audit: the plan, time spent, observations, assessments and recommendations. Each working paper is linked to an audit report, so it picks up the report’s details and the audit entity behind it.

Note: Applies to: auditors with access to Working Papers. You need an audit report to link the working paper to. See Creating an Audit Issue Report.

Opening Working Papers #

1. In the left menu, select Working Papers. The page shows charts of working papers by status and planned audits, a calendar, and the list of working papers.

2. Click the + icon at the top right.

Entering the Details #

1. Choose the Audit Report the working paper is for. This is required. The report’s details, and its audit entity, are pulled into the working paper.
2. Enter a Name for the working paper. This is also required.

3. Fill in the rest of the details:

• Start Date and End Date of the audit work.
• External Audit? if the audit is carried out by an outside firm, and Overdue Audit? if it is late.
• Stage, such as Planning, Fieldwork or Reporting, and the overall Rating.
• Audit Firms carrying out the work.
• Lead Auditor (you are added automatically) and any Assistant Auditors.

4. Add an Auditors Statement describing the work if you have one.
5. Click Save at the top right.

After Saving #

The working paper opens on its Overview tab. Below your details, it shows the linked audit report and audit entity, including the entity’s estimated auditing days.

Use the other tabs to add the rest of the audit work:

• Audit Planner: see Adding an Audit Plan.
• Observations: see WP – Observations.
• Reviews & Actions: see Adding Recommendations & Actions.
• Time Sheets: see Adding a Timesheet.
• Assessments: see Adding an Assessment.
• Linked Risks, Linked Audit Issues and Linked Connections: see Accessing Linked Records Inside a Working Paper.

Related Articles #

• Creating an Audit Issue Report
• Adding an Audit Plan
• Generating a Working Paper Report