This tool provides questions to consider while reviewing audit work paper quality.
Sample review questions include: Are work papers neat and not crowded? Is sufficient information factual, adequate and convincing so that a prudent, informed person would reach the same conclusions as the auditor? Are work papers able to “stand alone”? (This means that an individual independent of the preparer should be able to determine, for each work paper, the purpose and conclusion of the document, and how that individual work paper relates to the rest of the work papers.) Are work papers concise and do they serve a useful purpose? Are work papers consistent and uniform in terms of size and appearance?