Profile 3 - OneForm

The OneForm profile includes automatic documents, work programs, materiality and the Financial Assertions Worksheet. It also includes "OneForm" - a memo document designed as a framework for ISA documentation requirements.

This profile is designed for a simple engagement where ISA's are required. A one page memo form is provided as a framework to complete required documentation, including risk documentation.

Where more guidance is required additional documents can be added from a document library.

• Audit tools include:
• Trial balance, journal entries and issues
• Optimiser checklist to customise specific procedure actions in work programs
• Oneform - a one page audit memo to complete required documentation for planning, risk assessment/responses, and completion of the audit.
• Materiality worksheet and key materiality information at the top of most documents
• Financial Statement Areas worksheet (FSA)
  • Deletes immaterial audit sections.
  • Deletes procedures on risk assessment.
• Audit plans and procedures - lead sheets and audit work programs
• Identified misstatements - unrecorded journal entries (summarised by factual/projected/judgemental) and a summary of unadjusted misstatements.

For a comparison of all the profiles and general options, click here.