Automatic Documents

The Account Analysis document displays a list of activity details for each specified account (Financial, Cash Flow, Performance).

The document can be useful if general ledger detail has been entered or imported into Working Papers.

It displays journal entry descriptions, date, source, journal number, amount, and account number for posting. An account range, a date range, and an amount range can be specified. If applicable, a dBase filter can also be used to display specific journal entries.

The Account Reconciliation document can be used to reconcile general ledger balances with the bank statement.

The document can be useful if the file is used for monthly bookkeeping.

The Analytical Review document can be used to display the amount change in accounts from prior periods or calculate ratios based on the ratio class entered for each account.

The Chart of Accounts document lists each posting account in the trial balance with columns for preliminary (before adjustments) balances, adjustments and final account balance.

Note: If printed, no balances show on the chart of accounts document printout.

The Diagnostic document lists errors and inconsistencies in a file. Some of the items listed are missing or invalid information that may cause a file to not function properly. For more information, see Errors and Warnings.

The Document Index document lists the documents and folders that display on the Document Manager.

Note: 

• To add/exclude a document or folder from the Document Index, on the Document Manager, right-click the document or folder, select Properties and on the General tab, select/clear the Include in Document Index check box.

The Document Manager document summarizes information that appears on the Document Manager.

The Balance sheet, Income statement, and Statement of cash flow Financial Statements documents display draft financial statements. The formats of these financial statements are defined in either the Report tab of the Working Trial Balance or the Report tab of the Engagement Mapping interface. For more information, see Reports.

Note:  For a more customized approach to financial statements, you should use CaseView.

The Engagement Properties document lists client information entered on Engagement Properties dialog. 

The History document lists events that have occurred in a file.

The Issues document lists issues contained within a client file.

In addition to displaying hyperlinks to each listed issue and to the document that each issue is related to, the Issues document also displays the following information:

• content of the description field
• content of the resolution field
• subject
• user who created the issue
• type
• document number
• priority
• status
• creation date
• due date
• cleared status

When a document type is set to Issues, users can filter the document based on the status of the issue. The following status types are available for selection to filter the documents:

• Not Started
• In Progress
• Waiting
• Deferred
• Completed
• Cleared

Note: When Cleared is selected, all cleared issues and those that match the other selected status type will be displayed. When deselected, all issues that are not cleared and match the other selected status type will be displayed.

The Journals document lists transactions entered for a particular journal. Information displayed includes descriptions, date, source, journal number, amount, and account number.

For detailed description of the various journals available, click here.

The Leadsheet/Grouping document displays accounts or group numbers that are grouped together by common properties. For example, all cash accounts could be assigned to leadsheet number A. Leadsheet number A with a description of Cash can display on a leadsheet document with a document number of 1024 and a document heading of Cash Leadsheet. In this way, the leadsheet number is independent of the document number on which it displays.

Supporting leadsheets derive from a main leadsheet that includes account balances of all accounts referenced to the main leadsheet number. A supporting leadsheet provides a detailed listing of entries for each account on the main leadsheet by listing each transaction that contributes to the account balance presented on the main leadsheet.

You can create summary leadsheet documents that summarize a series of sub-leadsheet numbers. Sub-leadsheet numbers must be created and assigned to accounts in the Working Trial Balance.

The Trial Balance document presents the chart of accounts with balances and adjustments, referencing, and percentage change columns. You can change the type of balances displayed on the trial balance from active/prior to active/budget, consolidated, five year, or tax. For a large chart of accounts, accounts can be presented by leadsheet, group number, map number or tax code.

Notes:

• You can display the extended descriptions for mapping numbers in the bodies of all trial balance documents. On the Tools tab, click Options. In the Properties pane of the Options dialog, select Advanced and choose a different option under the Display account mapping/grouping names as setting.
• If you select the "Entry Booked in General Ledger" option with the date range of the General Ledger report left as default, when you drill-down on the Trial Balance report, the opening balance of each account will not include booked adjusting entries from prior periods.

The Uncorrected Misstatement document includes the subtotals for each misstatement type as well as a total for all misstatements.

The Uncorrected Misstatements automatic document assist in determining the materiality of errors on the financial statements by providing a summary of any unrecorded factual, projected or judgmental adjusting journal entries that would cause assets, liabilities and income fields to be overstated or understated.

Unrecorded – Factual Adjusting Journal Entries represent factual misstatements that will not be recorded because of materiality or proposed entries that may be subsequently changed to a normal status.

Unrecorded – Projected Adjusting Journal Entries represent projected misstatements that are unrecorded based on the auditor’s best estimates of misstatements in populations; usually derived from sampling.

Unrecorded – Judgmental Adjusting Journal Entries represent judgmental misstatements that are unrecorded based on differences arising from the judgments of management concerning accounting estimates, or the selection or application of accounting policies that the auditor considers inappropriate or unreasonable.

Notes

• For proper presentation on the Uncorrected Misstatements document, specify the correct ratio class for each Balance Sheet account.
• A new Expenses column has been added to the Uncorrected Misstatements document. Expenses for income statement accounts will now show under this column and not under the income column.