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Audit Working Papers
     

In an audit scenario, Auditors have to manually record their comments leading to large numbers of documents to manage. The Audit Working Paper (AWP) feature in Tally.ERP 9 Auditors' Edition eliminates this.

As per SA 230, Auditors have to record their audit-related tasks in the Audit Working Paper and record inputs from their clients to support audit conclusions. Keeping in mind the nature of the audit workflow, we have built enough flexibility into this feature to assist Auditors throughout the audit.

Highlights :

Flexibility of the feature
Auditors can copy verification or working notes provided for particular vouchers/ledgers to AWP. Tally also provides the flexibility of editing notes from within AWP or from the individual voucher/ledger.

Consolidated Audit Working Paper
AWP will have a complete list of notes (displayed category-wise) entered by Auditors along with response from their clients arranged chronologically.

Secured access to the Audit Working Paper
Auditors can control their audit team's access to the Audit Working Paper based on actions to be performed (Alter, View, Print, All), or be the sole owner of the document.

Benefits :

 • All audit related comments, observations, clarification and working notes are in single
   repository
 • Eliminates the manual entry of comments/notes by Auditors & their clients
 • It helps in Audit Documentation (SA 230) required for Peer Review
 • Saves the need for storing, maintaining voluminous amount of working paper files
 • A Single Document for tracking/proofing purpose even after the Audit is over
 • Better clarity - display of audit flow for individual transactions in AWP
 • Controlled access to observations/comments
 























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