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Audit International - Content Updates

Audit International has the following content updates in addition to What's new in Audit 21.00.

Note: As part of the Audit International 21.00 update, the base assertions in the AO - General options document have been set based on the IFAC guide.

Engagement file setup

Form Numbers Description

400.

Major change to 1 procedure.

400-2.

Remove one procedure relating to audit planning letter.
Minor change to 2 procedures.

Audit

Form Numbers Description

ONEFORM.

Remove reference to Form 426. and replaced with Form 455.

Planning

Form Numbers Description

405.

Major change to 4 procedures.
Major change to 1 document guidance - no change in meaning.
Minor change to 5 procedures.

405C.

Minor change to 5 procedures.

415.

Update to existing letter.

AL1.4.

Update to existing letter.

426./426C.

Deleted and replaced with Form 455./455C.

455./455C.

New forms.

430.

Major change to 3 procedures.
Major change to document guidance - reference form change.
Minor change to 1 procedure.

430C.

Major change to 2 procedures.
Major change to document guidance - reference form change.

438.

Update to existing letter.

443.

1 new procedure relating to reporting by the user auditor.
Major change to 6 procedures.
Minor change to 2 procedures.

444.

Major change to 1 procedure.
Minor change to 3 procedures.

436.

Major change to 7 procedures.

436C.

Major change to 1 procedure.
Minor change to 2 procedures.

420.

Minor change to content.

Risk assessment

Form Numbers Description

501.

Add comment section after each ratio’s graph.

525.

1 new procedure relating to significant delay in the approval of financial statements (you can access this procedure from the Content Library).
Major change to 2 procedures.

510.

Update ISA guidance.

510C.

Update ISA guidance.

530.

Major content change to make content more efficient to use.
Relevant responses from previous form are retained.

531.

Minor change to 3 procedures.
Add existing tags to procedures.

540., 545., 550., 555., 560., 561., 562.

Minor change to document guidance to remove duplicate information.

Risk response

Form Numbers Description

SAMP

Update the content to reduce translation issues.

615-1, 615-2, 615-3, 615-4, 615-5, 615-6

Major content update.
Relevant responses from previous form will be transferred to the new area.

605.

1 new procedure relating to tailor assessed level of risk.
Major change to 3 procedures.
Major change to document guidance - remove the assessed level of risk at the financial level question as new tailor procedure.

605C.

1 new procedure relating to tailor assessed level of risk.
Major change to 3 procedures.
Major change to document guidance - remove the assessed level of risk at the financial level question as new tailor procedure.

625.

Major change to 4 procedures.

635.

Minor change to 4 procedures.

645.

Major change to 1 procedure.
Minor change to 4 procedures.
Major change to document guidance.

650.

2 new procedures.
Major change to 4 procedures.
Minor change to document guidance - no change in meaning.

665.

Add comment section after each ratio’s graph.

666.

2 new procedures.
Major change to 2 procedures.
Major change to document - adding F/S abbreviation.
Minor change to 3 procedures.

670.

Major change to 1 procedure.
Minor change to 2 procedures.
Minor change to document - no change in meaning.

Audit plans and procedures

Form Numbers Description

1.101

Major change to 2 procedures relating to presentation and disclosure.

5.101

Major change to 2 procedures relating to presentation and disclosure.

10.101

Major change to 2 procedures relating to presentation and disclosure.

20.101

Major change to 2 procedures relating to presentation and disclosure.

35.101

Major change to 2 procedures relating to presentation and disclosure.

110.101

Major change to 2 procedures relating to presentation and disclosure.

120.101

Major change to 1 procedure relating to the assertion.
Major change to 2 procedures relating to presentation and disclosure.

130.101

Major change to 2 procedures relating to presentation and disclosure.

135.101

Major change to 2 procedures relating to presentation and disclosure.

140.101

Major change to 2 procedures relating to presentation and disclosure.

200.101

Major change to 1 procedure relating to the assertion.
Major change to 2 procedures relating to presentation and disclosure.

200.102

Major change to 2 procedures relating to presentation and disclosure.

300.101

Major change to 2 procedures relating to presentation and disclosure.

325.101

Major change to 2 procedures relating to presentation and disclosure.

330.101

Major change to 2 procedures relating to presentation and disclosure.

400.101

Major change to 2 procedures relating to presentation and disclosure.
Minor change to 2 procedures relating to hyperlink.

425.101

Major change to 2 procedures relating to presentation and disclosure.
Minor change to 1 procedure relating to hyperlink.

430.101

Major change to 2 procedures relating to presentation and disclosure.

1500.101

Major change to 2 procedures relating to presentation and disclosure.
Minor change to 1 procedure relating to hyperlink.

1600.101

Major change to 2 procedures relating to presentation and disclosure.
Minor change to 1 procedure relating to hyperlink.

1600.105

Major change to 2 procedures relating to presentation and disclosure.
Minor change to 1 procedure relating to hyperlink.

110.125, 130.125, 425.125, 1500.125, 1600.103, 1600.107

Update the content to reduce translation issues.

Completion documents

Form Numbers Description

335.

Major change to document guidance.

335-1.

3 new procedures.
Major change to 1 procedure.
Major change to document guidance - add new guidance ISA 330.23.
Minor change to 3 procedures.

DOC.

Major change to 5 procedures.
Major change to document guidance - add an objective, no meaning change.
Minor change to 4 procedures.

301.

Major change to 6 procedures.
Minor change to 2 procedures.

304.

Minor change to 5 procedures.
Changed the response type to Yes/No only.
Major change to document guidance - remove the selection of N/A.

305.

8 new procedures.
Major change to 3 procedures.
Major change to document guidance - no meaning change.
Minor change to 53 procedures.

325.

Update the name of the form and objectives.

367.

Update to existing letter.

368.

Update to existing letter.

350.

Update to existing letter.

310.

3 new procedures.
Major change to 9 procedures.
Major change to document conclusion - based on ISA forms changes.
Minor change to 10 procedures.

CaseWare Audit System documents

Form Numbers Description

STOC

Major content update.

AO

Update the base assertion based on IFAC guide.

Others - Original toolkit forms

Form Numbers Description

590-Previous

Minor change on the content.

520.

Minor change on the content.

520C.

Minor change on the content.

522.

Minor change on the content.

522C.

Minor change on the content.

530C.

Form name been updated from entity level to financial statement level.

675.

1 procedure assertion change.

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