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Lockdown allows you to comply with established standards governing the documentation an auditor should prepare and retain in connection with engagements such as an audit of financial statements, an audit of internal controls over financial reporting, and reviews of interim financial information. For compliance with these standards, lockdown is not reversible.

With lockdown, you lock all documents in a client file at a point in time. At the time of lockdown, Working Papers creates a permanent copy of all locked documents, which can be viewed at any time. In a locked down state, all locked down documents and most shared data in the file are read-only. No changes can be made to the file without unlocking the file and documenting the change. You can only unlock the file if you have authorization.

You have the option of locking down a file immediately or setting the lockdown for a future date after a period of time based on your jurisdiction. Until lockdown occurs, files are modifiable.

This online help system applies to all CaseWare Audit, Review, and Compilation products. Not all features are available in all products.