Auditing & Assurance › ISA Standards
How do the ISAs require documentation of the audit (ISA 230)?
AdvancedAnswer
ISA 230 requires audit documentation sufficient to enable an experienced auditor with no prior connection to understand the nature, timing, and extent of procedures, results and evidence obtained, and significant matters and conclusions. It supports the report, evidences compliance with ISAs, and must be assembled into the final file within a set period and retained.
Real-world example Working papers document who did what, when, what was found, and the conclusions—so a reviewer can retrace the audit.