• Risk Identification
  • Creating Risk Reports
  • Linking procedures to risk
  • Overview
  • Risk Report
  • Adding a Risk
  • Importing individual risks
  • Linking procedures from the risk dialog
  • Linking risks from the procedure
  • Risk report customization

Importing individual risks

As the firm author, you can import risks from any other template or from any existing client file.

To import risks from another template or file:

1. Open any work program, checklist, or document that contains the New Risk drop-down.

2. From the New Risk drop-down, select Import Risks.

3. To import risks from a template, select the Templates radio button and select a template from the drop-down. To import risks from a file, select the Other Source Files radio button and click Browse.

4. If you have clicked Browse to select a source file, use the file locator window to select the file that you want to import risks from. Click Open.

5. The Import Risks dialog now lists all of the risks in the file that you have opened, organized by business cycle. Select the check box next to a business cycle folder to import all risks for that business cycle, or select the check box for a risk to import it. You can import as many risks as you like.

   Note: Risks that already exist in your new client file are displayed in gray and in italics, and cannot be re-imported.

6. Click OK.

7. The New Risk dialog appears, enabling you to edit the risks that you have imported (or any risk that you have identified). To edit a specific risk, select it from the drop-down list at the bottom of the dialog.

Note:

• If a risk that is displayed in the Import Risks dialog is not associated with a business cycle, it is contained in a folder named Other.

• If the imported risk links to one or more material financial statement areas or Entity level risk categories in the source location, the links are preserved, provided the financial statement areas or Entity level risk categories exist in the client file or template into which the risk is being imported.

• If the imported risk links to one or more Significant Risk Indicators in the source location, the links are preserved, provided the Significant Risk Indicators exist and the feature is enabled in the destination file.

This online help system applies to all CaseWare Audit, Review and Compilation products. Not all features are available in all products.