Preparing draft financial statements in a consolidated file

Entities are consolidated on the map number. In order to prepare consolidated draft financial statements using Working Papers, it is necessary to become familiar with formatting a document using the Report tab under Engagement | Mapping. For example, it may be necessary to group certain map numbers together, insert page breaks, create headings or total lines, or create schedules to the Balance Sheet or Income Statement.

An alternate to formatting the draft financial statements using the Mapping Setup is using a sample final financial statement document in CaseView. In this case, assuming the format of the statement is acceptable, it should be only necessary to link map numbers in Working Papers to the statements in CaseView.