Audit International - 28.00 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.
Overview
This version of Audit International includes the changes and new amendments to the definition of a “listed entity” to align with the revised definition of “publicly traded entity” in the International Ethics Standards Board for Accountants’ (IESBA) Code of Ethics. These narrow scope amendments are effective for the audit of financial statements with periods beginning on or after December 15, 2025.
Known issues
-
In work programs and checklists, the icons for procedure conditions (
) and tags (
) may not be correct after the patch update. This is a known display issue, and the functionality will be correct in the client files. In each work program or checklist, click on the red button (
) beside the Home button to update the tooltip for procedure actions and conditions.
Content updates
Audit International includes the following content updates in addition to the What's New - Audit 28.00.
Engagement file setup
|
Form numbers |
Description |
|---|---|
|
400. |
Added 1 new procedure and new procedure tag “Publicly traded”. Minor changes to 1 procedure. |
|
400-2. |
Added 1 new procedure and new procedure tag “Publicly traded”. |
Audit
|
Form numbers |
Description |
|---|---|
|
ONEFORM. |
Added Independence requirements to the Communications with Management/TCWG section. |
Planning
|
Form numbers |
Description |
|---|---|
| 438. |
Updated letter to include ISA 206 amendments (new Ethical requirements section). |
Risk assessment
| Form numbers | Description |
|---|---|
| 501. |
Corrected the calculations for Owner’s equity, related to dividends, which corrects the value for Return on Investment and Interest to Net income before interest. |
Risk response
| Form numbers | Description |
|---|---|
| 665. |
Corrected the calculations for Owner’s equity, related to dividends, which corrects the value for Return on Investment and Interest to Net income before interest. |
Completion documents
| Form numbers | Description |
|---|---|
| DOC |
Major changes to 1 procedure. Minor changes to 1 procedure. Updated the conclusion section permissions. (No changes to content) |
| 302. |
Major changes to 2 procedures. Minor change to 1 procedure. |
| 305. |
Added 4 new procedures. Major changes to 2 procedures. Minor changes to 9 procedures. Deleted 1 procedure. Updated the conclusion section permissions. (No changes to content) |
| 310. |
Major changes to 1 procedure. Minor changes to 2 procedures. |
| 340. |
Added 1 new procedure. Major changes to 1 procedure. |
| 340-1 |
Added 5 new procedures. Major changes to 1 procedure. |
| 367. | Updated letter to include requirements of all entities 260.18 and 260.21 (new Ethical requirements section). |
