Audit International 23.00 - Content Updates
CaseWare® International Inc. licenses certain content for Audit International under agreement with the Chartered Professional Accountants of Canada (CPA Canada). The content provides non-authoritative guidance on applying International Standards on Auditing (ISAs) issued by the International Auditing and Assurance Standards Board. These forms are designed to assist practitioners in the implementation of the ISAs and are not intended as a substitute for the ISAs themselves. CPA Canada updates their content on a regular basis and practitioners should ensure that they are using the most up to date version of all forms.
Overview
This version of Audit International introduces new forms. Before updating the template, review the information outlined below in addition to the new content updates.
New forms
New Group Audit Concise forms
Added a Group Audit Concise Content folder under the Group Audits folder. The Group Audit Concise forms include:
- Form 5101 - Worksheet - Group audit - Acceptance and planning
- Form 5102 - Worksheet - Group audit - Group audit - Communications
- Form 5103 - Worksheet - Group audit - Evaluation and conclusion
New Audit Plans and Procedures - Supplementary forms
Added a new Supplementary folder under the Audit Plans and Procedures folder. The supplementary forms include:
- Form SUP1 - Leases for lessees - Audit procedures
- Form SUP2 - Government grants - Audit procedures
- Form SUP3 - Agricultural assets - Audit procedures
New Documenting Consultation form
Added a Documenting Consultation form under the General Audit Procedures folder.
- Form 676 - Worksheet - Documenting consultation (Core)
Update Process
The Include Update All button setting in AO - General options is now deselected by default. This change hides the Update All button during the update process so that users are required to select which documents to update.
Content updates
Audit International includes the following content updates in addition to What's New - Audit 23.00.
Engagement file setup
| Form numbers | Description |
|---|---|
| 400. |
Major change to clarify auditor's experts other than accounting estimates. Major change to clarify the going concern conditions. Major change to group audit procedure. Major change to component auditors involved in the engagement. New procedures related to group audits that use concise content, documenting consultation, and new supplementary forms (audit plans and procedures). Modified document tags on relevant documents for the procedure changes listed above. |
| 400-1. | One new procedure for new supplementary forms (audit plans and procedures). |
| 400-2. | New procedures for documenting consultation and new supplementary forms (audit plans and procedures). |
| 400-3. | One new procedure for new supplementary forms (audit plans and procedures). |
Audit
| Form numbers | Description |
|---|---|
| ONEFORM. |
Updated the relevant information for new Group Audit Concise Content in both Document guidance and Evaluation of Work Performed by Others Involved in the Audit sections. |
Planning
| Form numbers | Description |
|---|---|
| 430. | Changed numbered lists to bullet lists in the document guidance to minimise numbering issues during an update. |
| 430C. | Changed numbered lists to bullet lists in the document guidance to minimise numbering issues during an update. |
Risk assessment
| Form numbers | Description |
|---|---|
| 501. |
Updated the document ISA reference. Removed questions in the Planning section, as well as the final and conclusion questions in the Expectations section to ensure the content matches the auditor's workflow. Fixed an issue where the lock button was not functioning properly. |
| 525. |
Major change to 2 procedures. Removed "Significant delay in the approval of financial statements" procedure and added it to Form 625. Major change to document guidance and conclusion. |
| 510. | Changed numbered lists to bullet lists in the document guidance to minimise numbering issues during an update. |
| 511. | Minor change to the document guidance to minimise translation issues. |
| 511-1. | Minor change to the document guidance to minimise translation issues. |
| 523. | Updated the relevant content for ISA 540 (Revised) accounting estimates. |
| 530. | Changed numbered lists to bullet lists in the document guidance to minimise numbering issues during an update. |
| 531. |
Major change to the document guidance for updated content. Minor change to the document guidance to minimise translation issues. |
Risk response
| Form numbers | Description |
|---|---|
| SAMP | Fixed an issue where the "sample size is negative" warning message would not display if there were more than four assertions. |
| 625. |
9 new procedures including "Significant delay in the approval of financial statements" from Form 525. Major change to 3 procedures. Minor change to 1 procedure. Major change to the document guidance and conclusion. Added Form 625. as part of the core profile and Core as part of the form name. |
| 665. | Updated the document ISA reference. Removed questions in the Planning section and the final question in the Expectation section to ensure the content matches the auditor's workflow. |
| 676. (NEW) |
New form to document the nature of the consultation, key issues and conclusion or outcome. The form is located under Risk response - General Audit Procedures. |
| 5101 (NEW) |
New group audit concise form. The form is located under Group Audits - Group Audit Concise Content. |
| 5102 (NEW) |
New group audit concise form. The form is located under Group Audits - Group Audit Concise Content. |
| 5103 (NEW) |
New group audit concise form. The form is located under Group Audits - Group Audit Concise Content. |
Audit plans and procedures
| Form numbers | Description |
|---|---|
| 5.101 | Changed numbered lists to bullet lists in the document guidance to minimise numbering issues during an update. |
| 10.101 | Changed numbered lists to bullet lists in the document guidance to minimise numbering issues during an update. |
| 20.101 | Changed numbered lists to bullet lists in the document guidance to minimise numbering issues during an update. |
| 35.101 | Changed numbered lists to bullet lists in the document guidance to minimise numbering issues during an update. |
| 110.101 | Changed numbered lists to bullet lists in the document guidance to minimise numbering issues during an update. |
| 120.101 | Changed numbered lists to bullet lists in the document guidance to minimise numbering issues during an update. |
| 130.101 | Changed numbered lists to bullet lists in the document guidance to minimise numbering issues during an update. |
| 135.101 | Changed numbered lists to bullet lists in the document guidance to minimise numbering issues during an update. |
| 140.101 | Changed numbered lists to bullet lists in the document guidance to minimise numbering issues during an update. |
| 200.101 | Changed numbered lists to bullet lists in the document guidance to minimise numbering issues during an update. |
| 300.101 | Changed numbered lists to bullet lists in the document guidance to minimise numbering issues during an update. |
| 325.101 | Changed numbered lists to bullet lists in the document guidance to minimise numbering issues during an update. |
| 330.101 | Changed numbered lists to bullet lists in the document guidance to minimise numbering issues during an update. |
| 400.101 | Changed numbered lists to bullet lists in the document guidance to minimise numbering issues during an update. |
| 425.101 | Changed numbered lists to bullet lists in the document guidance to minimise numbering issues during an update. |
| 430.101 | Changed numbered lists to bullet lists in the document guidance to minimise numbering issues during an update. |
| 1500.101 | Changed numbered lists to bullet lists in the document guidance to minimise numbering issues during an update. |
| 1600.101 | Changed numbered lists to bullet lists in the document guidance to minimise numbering issues during an update. |
| 1600.105 | Changed numbered lists to bullet lists in the document guidance to minimise numbering issues during an update. |
| SUP 1 (NEW) |
New Form. The form is located under Audit Plans and Procedures - Supplementary. |
| SUP 2 (NEW) |
New Form. The form is located under Audit Plans and Procedures - Supplementary. |
| SUP 3 (NEW) |
New Form. The form is located under Audit Plans and Procedures - Supplementary. |
| 110.125, 130.125, 425.125, 1500.125, 1600.103, 1600.107 | Fixed an issue where the "sample size is negative" warning message would not display if there were more than four assertions. |
Completion documents
| Form numbers | Description |
|---|---|
| 335. | Updated the document guidance to ensure the content is more accurate and understandable. |
| 305. |
Major change to 10 procedures. Minor change to 11 procedures. |
| 350. | Updated the document ISA reference and made enhancements to relevant content. |
CaseWare Audit System documents
| Form numbers | Description |
|---|---|
| Q | Changed the link inside the CaseWare Q document to a more suitable help page. |
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