Audit areas and detailed lines in the FSA provide users the flexibility to configure the FSA based on the Balance Sheet / Income Statement and link it to work programs, which are usually grouped into Audit Areas. You can give the new area a name, select the items that will be linked to it in the FSA, and specify how sum calculations work for the new audit area. The new audit area is sortable and risk report will be based on it.
When an item becomes a part of an audit area the following become applicable to the audit area, not the FSA:
- Work Program
- Risk assessment (IR, CR, OR)
- Business Cycle (Risks and Controls)
There is a new Areas section under the right-click menu. Select Insert New Audit Area to insert a new Audit Area. You can also delete an existing audit area from this menu or edit any or the following:
This is the name of the area that will appear in the FSA.
These are the areas that will be grouped under the new audit area in the FSA. An item can only appear in one audit area.
You can specify the type of sum calculations performed in the new audit area. The possible selections are:
|Sum Calculation Type||Description|
|None||There will be no balance shown for the audit area.|
|Total||The value of the audit area will be the sum of all included FSA areas.|
|Absolute||The value of the audit area will be the absolute sum of all included FSA areas.|
This online help system applies to all Caseware Audit, Review and Compilation products. Not all features are available in all products.