CaseWare Manual

Introduction to CaseWare

The audit software provides an automated approach to the audit

engagement. It is designed to automate many of the processes within the
audit engagement while allowing quick and efficient access to the entire
working paper file. Combined with CaseWare Working Papers, Audit
International is a powerful and efficient solution for performing assurance,
analysis and reporting engagements.

Always consider the standard procedures provided considering the specific

needs of each engagement. The Audit International template provides
several schedules to document the work carried out. It is the auditor’s
responsibility to ensure the extent of work carried out and the evidence
obtained and documented in the file is sufficient to comply with required
documentation standards.

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Starting CaseWare
1. Click on “CaseWare Working Papers 2021”.

2. Log in to your CaseWare cloud (Note: Only applicable if the firm’s adopted the function. The
sign-in credentials will be provided to you by the CaseWare Author (e.g. IT dept).

Creating A New Client File

1. Click on File tab

2. Click “New” on the left pane.
3. Type in the name for you file.
4. Select the template for your file (Note: Creating a “Blank File” is rarely needed depending
upon the scenario. Generally, go with “Global Focus” as the file that will be created using
this template will be aligned with the ‘Global Audit Focus methodology’. (see below)

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1
2
5 3

5. If you want to open an already existing file, click in “Open” on the left pane.
6. After typing in the name and selecting the “template (as in step 4). You’ll see the option to
select
a. Create file (Use this option to create a new file).
b. Create file and import data. (this option is used when you are trying to import data
from an existing file while creating a new one.).

7. After selecting “Create File”. CaseWare runs its function for creating the file and a folder is
created in your local drive with the given name.

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8. Afterwards, a dialogue box pops up for you to select the applicable engagement profile.

9. Selecting an Engagement profile will establish the respective structure of your file i.e. the
documents your file will be prepopulated with. For guidance in selecting the correct
engagement profile, a brief description of each is already mentioned. However, for a detailed
assessment of which one to select, refer section “2.1.5 Selecting an engagement profile in
Global Focus” in “Global Focus Audit Methodology Audit Manual Version 7 (2022) - Published
July 2022” (hereafter referred to as ‘GAF’). For the purposes of this manual, we’ll be using
the ‘MLP’ profile.
10. After having selected the profile and clicking on ‘OK’, the CaseWare will finalize creating the
file and then the file is created. (Once created, you arrive at a dialogue box ‘Engagement
properties’ and a separate window ‘Optimiser checklist’. These are discussed below)

Setting up the file

After having the file created, the engagement team is required to set up the file for it to be used.
Setting up the file means defining the parameters of the file, uploading the data and inserting details
about the engagement. As soon as the file is created, a new dialog box appears as “Engagement
properties”.

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Engagement Properties.

1. Reporting dates

Select as applicable on your engagement.

2. Name/Address
a. Cloud Entity : the name of the engagement file that will be displayed on the cloud
server
b. Engagement : the name or the type of engagement
c. Operating name : a name other than the registered name of the entity with which
operates e.g. Alpha Beta Company Limited can have an operating name as ABC Ltd.
d. Home Page : the link to web page of the company.
e. Other details in the tab are generally not used in the region hence can be skipped out
if not needed.

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3. Contact 1 & 2
Generally, details of the engagement coordinators. Details of point of contact in the entity.

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Engagement properties can also be completed / modified later on from the below areas.

Option 1

Option 2

Optimiser Checklist

This is another phase of setting up the engagement file. By it’s name it depicts that this will be used
to ‘optimise’ various areas of the file depending on the selections made therein.

Select ‘Yes/No’ responses

to each question on the
basis of your engagement
applicability
Note : Selecting responses will delete /
modify a number of documents in
your engagement profile hence be
careful while selecting each response.

E.g. Selecting ‘Yes’ to the first question will

delete the work procedures relating to a
partnership structure entity.

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The text “MLP” in the file name “400-MLP” shows that this Optimiser Checklist is for a Medium-
Large Private engagement (the profile selected).

After completing the checklist responses, click on the “AOCR” (i.e. Audit Optimiser
confirmation report ) to proceed with the deletion of procedures / workpapers not needed for
your specific engagement (hence called Optimiser checklist)

AOCR

Once you click on the ‘AOCR’ button, the ‘Audit Optimiser confirmation report (Mandatory)’ file will
be opened. The file will have a list of documents marked for deletion on the basis of the selections
made in the ‘Optimiser Checklist’.

Note:

1. The documents will have been marked for deletion based on responses from ‘Optimiser
checklist’ . Clear a checkbox to override the recommended deletions. And then to execute
the deletion click ‘Proceed with Deletion’.
2. There are two sections in the AOCR
a. Checklist Responses; and
b. FSA Assessment (will be discussed later in the manual).

As of now the (b) section would have no documents marked for deletion as are yet to work
on the document ‘FSA - Financial statement areas worksheet (Mandatory)’ (will be discussed
later in the manual).

Section a

Section b

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This is how an AOCR should look like

Scroll down to ‘Proceed with deletion’

Click here to delete the papers not needed

Discussed later

Importing the Trial Balance (TB)

Go to ‘Digital Dashboard’ and click on Import from Excel.

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1) Select the MS Excel Trial balance file in the ‘Excel file import wizard’ by click on browse.
2) Then click on ‘Next’.

1) Select the rows that you’d like to be ignored e.g. Blank rows, Totals etc. Note: The column
headers in your excel files needs to be excluded as well (as we’ll define fields in the next
step).
2) Then click on ‘Next’.

In the new window opened, define fields for each column by right clicking on each ‘Ignore’ header.

1) Account number, Account Description etc. as applicable.

2) Note for ‘current year balance column’, select ‘Balances > Current year balance > Opening
Balance
3) For ‘prior year balances’ , select ‘period 1’ rather than ‘Opening balance’

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1 OR 2

4) Click on ‘Next’ once done. Or you can press ‘Finish’ here as your Trial balance will be
completely imported in CaseWare.

Note : If you click ‘Next’ as shown above, two more windows will appear for you. These are advance
setting and Layout option which you generally will not be needing.

Once ‘Finish’ is clicked on, the TB is imported and it will show a information box confirming the
details.

Press ‘Ok’ on both.

Viewing the Trial balance imported

You can view the trial balance that you have imported by either of these three approaches:

1) Click on “Review Trial Balance” on ‘Digital Dashboard’; or

2) Click on ‘Trial balance’ in the Navigation pane; or

3) Press ‘Ctrl + W’.

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Assigning mapping numbers

Assigning mapping numbers mean that you have to assign a nature to the individual accounts that
you have fed the case with while importing the trial balance.

1) Either go the ‘Digital Dashboard’ and click on ‘Assigning mapping numbers’

Or go to ‘Account’ tab and then ‘Assign Mappings’

2) A new window will pop up with two panes:

a. Left pane: the new account codes fed in CaseWare (CW) i.e. unmapped codes
b. Right pane: the mapping numbers where each account code has to be moved. And
ideally there should be no account code remaining in the left pane as ‘unmapped’

3) For mapping, select one or multiple accounts from the left pane that you’d like to map.
4) Expand the phases in the right pane to view the one in which you’d like to map the selected
accounts from the left pane.
5) Either Drag and drop the accounts from left pane to the right pane (drop the accounts in the
section you’d like it to be mapped to) or use Left / Right arrow keys for mapping or un-mapping
accounts respectively (after having selections made in both panes).

1 ) These two are selected to be mapped

2 ) Selection on right pane is made (greyed)

3) Now either drag ‘Cash in hand’ and ‘Cash in bank’ in the

right pane in ‘1.1.280’ or simply press right arrow key to map
it. Press left arrow to unmap.

6)

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Note : After mapping is done, make sure to press the ‘Apply’ button or the changes will not be
reflected.

Once the mapping is done, the status bar should reflect the net profit or loss on your
engagement which should be in line with the ‘Profit or Loss statement’. If there’s a difference
then the mapping performed is not in line with that of your accounts. Review the mapping to
make it reflect the same as in the ‘Profit or Loss statement’.

After completing these steps, it is preferred to

define the 'Materiality’ and complete the ‘FSA’
and re-run the ‘AOCR’ for further optimization.
(All three discussed later below)

Begin Engagement Work

As we have completed the ‘Setting up’ of CaseWare file according to the steps on the digital
dashboard. We can click on the ‘Begin Engagement Work’ button to proceed with the use of the file
prepared.

Or we can
also click on ‘Documents’ in the ‘Navigation’ bar. 

This is how the documents tab looks like.

A simple folder or tree structure of

documents prepopulated with the
documents generated and optimized on the
basis of ‘Profile selection’ and optimiser ran.

Expand / Collapse by Left / Right arrow key

Or use the pointer.

Note : Optimiser checklist and AOCR used,

can be found in ‘Engagement File Setup’
folder.

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Types of documents in CaseWare (CW)

Below is the list of documents that you’ll be coming across most of the time in CW (red marked).

Automatic Document: Generated and filled in automatically e.g., Leadsheets,

issue list etc.
CaseView Document: CW generated work procedures/programs to be completed
/ filled out by the engagement teams. Also, provides a list of library procedures to
be performed.
Manual Document: Created by the user for referring to a document that was not
imported into CW and has to be referred to the Audit file (hard bind documents)
for viewing.
MS Excel and Word Documents: Documents created / imported by the user for
documentation of Audit procedures performed, business processed, alternate to
CW documents or of work for which CW doesn’t provide a format.

CaseView documents

These documents are prepopulated in CW for the engagement teams to fill in with appropriate
responses and referring each response with other workpapers where needed. Example of a
CaseView document – AOCR and Optimiser checklist. The name of documents in CW comprised of
two parts

(a) reference number; and

(b) the name of the file.

You can search the document by entering either of two in find option (i.e. CTRL + F)

This is how the document looks like. (document shown below is 405 - Engagement -
Acceptance/Continuance (Mandatory))

Almost all CaseView documents show materiality determined. Since it’s not done yet,
hence appearing blank.

 referencing
Comments Signoffs
 Question / Field
 Answer / response

You can type in each

of the green areas
after clicking on it

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Referencing – You can refer other documents in the current one by double clicking on the ‘+’ symbol
shown under the section.

Note: For referencing a workpaper, it must be imported to

Select ‘New reference’ to have a list of documents the current file.
available in your CW file to refer it to.

Alternatively, you can also give a label

Some CaseView documents are lengthier with detailed responses against each question / procedure
requirements whereas some are relatively smaller with simple ‘Yes/No’ response selection. However,
the documents share the same standardized format to be completed by the team members.

Signoffs – Signoffs are the evidence that the question has been answered / procedure has been
completed duly with respective referencing (if needed). Almost all CaseView documents need sign
offs against each of the serial and sub serial numbered procedures/questions for CW to read it as
complete. You can signoff by clicking on the checkbox shown under the section.

Make sure all of the questions / procedures are signed off otherwise the document would be marked
as ‘Not completed’ and can be tracked from the file status (shown below).

Signoffs

After completing the sign offs of a document internally, It needs to be signed off externally as well,
by respective team member. Sign offs are required of:

Prepared by: The person who has worked on the document and completed it.
Reviewed by: The reviewer of the work. Can be a manager and or a senior associate.
Partner review: Certain important documents also require partner sign offs after their review.
EQCR: If applicable, EQCR sign offs on certain important document is needed as well.

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For signing off a document

1) Right click on the document you want to sign off.

2) Click on the role you want to sign it off as (see below).
3) Once signed off it’ll show your initials in the respective role column.

Materiality
Determining materiality is a crucial phase in the planning process of the audit. Moreover, it can also
be used for defining the audit approach in CW for each account balance in your Financial Statements
(FS).

Document reference: 420. Materiality (Mandatory).

The blank document looks like this.

The document shows materiality once it is determined below.

List out the potential users here. Describe each for their influence
Factor.

After having the users defined, we determine the materiality using the benchmarks and factors
percentages applicable to each.

Since you’re already done with the mapping, the Current and prior period balances should appear
automatically and must match your FS preliminary and final figures. See below.

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From mapping

Fill in the
appropriate
‘Benchmark %’
to determine
possible
materiality
balances at
both
Preliminary
and Final stage

Type in the Prior period materiality balances and the

materiality balance for the current year from any one of
the possible benchmarks selected above.

tip : the amount can be a rounded off figure here

Once the amount is typed in above, the Materiality table starts showing the balances. CW also gives
an option to determine “Possible misstatements in qualitative disclosures”. This can be used as
applicable on your engagement.

Performance materiality

This is determined at an amount lower than the Overall materiality. For this a factor shall be used
ranging from 60% to 85% depending on the risk on the entity.

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Determining the risk on the entity can be documented / assessed in the CaseView document ‘419.
Assessment of entity level client risk’. Once opened, the document lists out a questionnaire with
responses such as ‘Yes/No/N/A/Other’ along with giving a brief description to each.

Signoffs

After giving responses to all of these questions and the reason of the response in the green section
under the question (the responses can also be referred to the workings against each, if any), the last
section asks you to make a decision on your assessment of the entity level client risk based on the
above work done.

The client risk chosen here will also be reflected as factor in the determination of Performance
Materiality. Make sure you make an informed decision here as this will impact your audit work to a
substantial extent (as this is assisting you in determining the Performance Materiality). After having
this assessment made and document signed off internally and externally, move back the ‘Materiality’
determination workpaper and determine your Performance Materiality reflecting the same Risk
factor.

Here, you also have an option for ‘Adjusted performance materiality levels’ for a particular class of
transactions, account balance or F/S disclosure), which you can link by click as shown below.

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Moreover, CW also gives you an option to determine a ‘Materiality for specific circumstances’ and its
respective Performance Materiality in step D and E.

Trivial misstatements

The auditor is required to accumulate misstatements identified during the audit, other than those
that are clearly trivial (ISA 450.5). The auditor designates the clearly trivial threshold, which is the
amount below which misstatements would not need to be accumulated because the accumulation
of such amounts clearly would not have a material impact on the financial statements. This can be
calculated as factor of Over Materiality ranging from 1% to 5%.

Once all above is done at the planning stage, the team needs to revisit the Materiality determined
from time to time or at least at the finalization stage of the audit to assess whether the amount
determined needs any revision (ISA 320.12, ISA 320.13, ISA 320.14, ISA 450.10). This is addressed in the
same workpaper as shown below

Sign offs on materiality and certain other planning workpapers

All CaseView workpapers require sign offs to be read as completed, however there are certain
workpapers that require sign off at both planning and final phase of the audit. Materiality
determination is one of those documents. This shows that the workpaper was assessed and
completed at the planning stage and was reconsidered/revisited by the complete engagement team
at the final stage for any revision required (Note : this is an external sign off table)

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Guidance on the available percentage ranges for various possible benchmark can be seen in the
document ‘421. Guidance - determining the appropriate percentage to apply when calculating
Materiality’ available in the materiality folder of CW. (All the percentage ranges shown above and
available in CW are in line with the updated GAF V7 since you are working on a file created using the
‘Global Focus’ template).

Financial statement areas worksheet (Mandatory) (FSA)

A very crucial and centralized document for planning out audit procedures in CW, it provides a
central source for reviewing material accounts, defining relevant assertions, referencing to the
appropriate work programs and much more. Used in the planning process, the FSA helps teams
quickly and easily identify the scope of work performed in the audit.

It is suggested to at least complete/perform the below mentioned documents/tasks before starting

out working on the FSA:

1) Importing the Trial balance.

2) Complete the mapping and the grouping (grouping is explained below).
3) Determination of materiality
4) Understand the nature of each Account balance and Class of transaction (ABCOT) to develop
an understanding of the audit work needed on each.

This is how FSA looks like

Materiality table, as discussed

above.

10 11 12 13 14 15 16
1 2 3 4 5 6 7 8 9

17 18 19

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Number Description
A number assigned to the ABCOT in line with the Leadsheet numbers. Can be expanded
1
to view assertion-wise assessment by clicking on ‘+’ button.
A list of ABCOTs currently applicable to your engagements (can be modified from
2
‘Optimiser checklist’ or ‘Leadsheet grouping’.
The planning balance as appearing in your trial balance as grouped. (can be modified
3
from ‘Leadsheet grouping’).
The planning balance as appearing in your trial balance as grouped. (must reflect signed
4
Financials figures).
5 Sum of any unrecorded adjustment entries grouped for each ABCOT.
An assessment whether the balance of each ABCOT is material or not. Although it is
6 automatically performed based on materiality determined in 420, however it can be
overridden. Also, called scoping at FS level)
Assertions relevant to the specific ABCOT. Can be changed by right clicking and
7
selecting/unselecting as needed.
Shows the current number of risks associated to each ABCOT at assertion level. A star
8 symbol along side the risk number indicates that the risk is significant. You can create a
risk by clicking in the red exclamation mark on the tool bar and then filling the risk card.
9 Shows the business cycle to which each ABCOT pertains. Can be modified.
Assessment of the ‘Inherent risk’ associated to the ABCOT. Guidance on the assessment
10
can be taken from BKT’s Risk Classification table.
Assessment of the ‘Control risk’ associated to the ABCOT. Guidance on the assessment
11
can be taken from GAF.
Assessment of the ‘Risk of Material Misstatement’ associated to the ABCOT. CW’s
12 suggested assessment (on the basis of Inherent and Control risks) can be used by
selecting ‘Proposed’ from the drop down list of the section.
13 – 16 Selection of the audit approach for each ABCOT i.e. which tests would be performed.
17 Annotation available for any notes, tick marks etc.
18 Signing off for completion of ‘Risk Assessment’ of each ABOCT (assertion wise).
Referencing / linking with the workpapers by double clicking on ‘+’ symbol or viewing
19
the ones already linked (appearing as hyper references).

There might be a case where the FSA is not populated with the planning balance and it would be
appearing as blank. It would show a comment as below :

Click on the green refresh button and the balance would

appear.

Make sure to lock your planning balance afterwards so

that it doesn’t keep on changing for any future
refreshes. Double click on the lock icon for locking.

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After completing the FSA, it is suggested to go back to the AOCR for further optimizing of the file on
the basis of the scoping in the FSA. In the AOCR, scroll down for the FSA section optimization.

Documents marked
for deletion based on
‘Materiality
Assessment’ in the
FSA. Uncheck the
ones that you’d like
to keep in the file,
scroll down and click
on ‘Proceed with
Deletion’ for
optimization.

After having done this, the rest of the audit documentation can be proceeded with.

File structuring
The Document Manager shows the tree structure / folder structure of the documents present in the
file. The overall default structure is in line with the 3 major phases of the audit i.e. Planning,
Performance / Execution and Concluding.
*Some workpapers in the folder
pertain to Concluding phase

Planning
*
Execution / Performance

Concluding

Each folder has sub folders grouping similar nature procedures and documents.

CaseWare creates a file with a large number of prepopulated documents for assistance in the
documentation of work performed and to standardize the working for efficiency. These documents
are already optimized for the nature of the engagement and entity as per the optimization exercise
i.e. deleted unnecessary procedures in the CW documents and the CW documents itself from the file.

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However, if certain workpapers are still appearing in the file which are not applicable to the
engagement, they can be manually deleted by selecting the document and pressing ‘Delete’ or by
right clicking and selecting ‘Delete’. Although this option is available but deleting the necessary
(mandatory) documents (see GAF appendices) or the documents that ensure ISA / IFRS compliances
can affect the efficiency of the process, quality of the documentation and the audit performed,
compliances with the standards and ultimately pose a risk of improper audit opinion as well.

Any document mistakenly deleted can be added back by going to the ‘Document Library’ in the
Home tab and selecting ‘From library > Audit Int’.

Folder structuring
Each folder has few CW documents where procedures need to be documented i.e. what was done.
And then, each procedure can be linked to the work paper (e.g. MS Excel, Word etc.) where the
work was performed. For reference, see below:

The snippet is of a CaseView document ‘Property, plant and equipment - Audit procedures’ and on
the left side it lists out the audit procedure to be performed on additions to Property, plant and
equipment. On the right side it shows a ‘+’ button to link the workpaper(s) where the procedures are
performed e.g., MS Excel sheet testing out the verification of addition to Property, plant and
equipment made during the year. Then, after having performed the procedures, in the center, you
select applicable response as your conclusion on the procedures performed and you sign it off.

Hence it can be said that CW gives you a detailed library of audit procedures that you can perform in
your testing.

For structing your folders, along with the CW populated documents, drop the Audit procedures
performed in the same folder to ensure proper structuring e.g. as in the above example, the

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procedure of testing additions to PPE was performed in an MS Excel sheet, the sheet should be kept
in the ‘Property, Plant And Equipment’ folder which is in ‘Audit Plans And Procedures – Assets’. Make
sure all the files in the folder are signed off so that the phase can be marked as completed in ‘Work
flow’ . See below

The sections appearing ‘Green’ means that all the files in that folder are signed off as completed by
all the role members.

Working in CaseView Documents

Most of the CW documents used further in the file will be either a ‘CaseView Document’ (as
explained above) or an ‘Automatic Document’.

CaseView Document are almost standard for their format and documentation requirements. The
format and filling in responses is explained above in the ‘CaseView Documents’ section, however a
few documents with a different format are explained below.

442. Firm deliverables and client information

The document can be used to summarize and generate the deliverables on the engagement.

On the left pane, select the type of deliverables format. Checkmark the applicable deliverables from
the list and their delivery date and then click on ‘Deliverables Report’ to generate.

Also, ‘Firm deliverables and client information ‘letter’’ can be used as a format for the deliverable. All
CaseView documents ending with ‘letter’ are formats for the Engagement Teams assistance. See
below for snippet.

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437. Worksheet - Fraud scenarios

This document can be used for identifying possible fraud scenarios and identifying new fraud risks on
the engagement (other than the 2 presumed fraud risk).

Click on the checkboxes if any of the above scenario is applicable to the engagement and then
describe the details requested by the columns. For any new fraud risk identified, open a new risk in
the risk report.

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510. Identifying risks through understanding the entity (Mandatory)

The document ensures compliance with the ISA 315 Identifying and assessing the risks of material
misstatement. This document requires the auditor to inquire about the entity from the management
in detail and then on the basis of the understanding that the auditor develops, identify risks.

The first section is the ‘General Description Of The Entity’, where you describe the entity in detail.
And then in the rest of the sections, you identify the risks.

E.g. the snippet below is from the ‘A. Industry, Regulatory, And Other External Factors’.

First, you describe the personnel from

whom the inquiry was made and then
you document the understanding and
the current situation.

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Then as per the understanding and the

factors above, you ascertain if any of
the listed risk factors apply.

If yes, then open a risk in the risk report

for that risk factor. Hence, identifying
risk by understanding the entity.

In this workpaper, there’s also a section for ‘C. Applicable Financial Reporting Framework, The
Entity's Accounting Policies, And Any Changes Thereto And Accounting Estimates And Financial
Reporting Matters’ in which there’s a sub section ‘Accounting estimates’. The risk identifying part of
this section will automatically populate the workpaper ‘523. Worksheet - Understanding accounting
estimates (Mandatory)’ by selecting the applicable estimates.

520E. Risk report (Mandatory) and 532. Control design/implementation (Mandatory)

These documents list out the

1. All the risks currently in the file

2. All the controls currently in the file

The reports are much more likely used as summary reports.

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Sampling worksheets.

CaseWare has a number of sampling worksheets that can be used for identifying sample sizes. These
are in line with the updated GAF e.g. Worksheet - Sampling - Tests of controls - Revenues,
receivables, receipts.

Audit procedures

CW has audit procedures’ CaseView programs for each ABCOT (as discussed above). The workpapers
follows almost the same format the specific completion requirements are shown below.

In the ‘Detailed Audit Response’

section, you can fill out the responses
as applicable to your engagement. You
can also uncheck the box if no detailed
audited responses are preferred.

Then we have the audit approach. See below

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These responses are coming in as a

summary of the selections made in
the FSA. You can double click on the
boxes and it’ll open the FSA to
change if needed.

Sometimes a ‘red cross’ symbol appears beside each test approach. Saying that necessary
procedures missing. As shown below.

This can be addressed by

clicking on the ‘red cross’
and selecting further audit
procedures that you will
perform in your audit to
address the opened risks
sufficiently.

Once you click on the mark, the below shown window appears.

Select the procedures and it would add them in your current file.

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Modifying the procedures in a CaseView document

The procedures available in the documents are mostly modifiable i.e. you can

1. Add new procedures;

2. Delete procedures; and
3. Edit procedures.

1. Adding new procedures

As discussed above, in some workpapers new procedures can be added from the library. However, if
the required or performed procedure is not in the workpaper or in the library, you can type that in.
Either right click somewhere on the procedures list and select ‘Insert new procedure’ or select it
from the drop down list. See below.

After that, select the number of procedure to be added.

After pressing ‘OK’, it’ll add a text box for the procedure to be typed in as shown below.

After writing the procedure, right click on it at and

uncheck ‘Modifiable’ for it to be fixed.

Similarly, you can add sub-procedures to the procedures.

2. Deleting procedures

CW also gives you an option to delete procedures in a CaseView workpaper. It is suggested to

deleted the procedures that have not been performed (but this should not be taken as a measure to

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skip performing necessary audit procedures. As the deleted procedures can always be viewed by
selecting ‘Review Deleted Procedures’ from the procedures drop down list).

For deleting a procedure,

right click on the
procedure that is to be
deleted and select ‘Delete
Procedure – (name of
procedure selected)’.

If multiple procedures are to be deleted at once,

select ‘Delete Procedures’ from the Procedures
drop down list and select the ones to be deleted.
Then press ‘OK’. See below.

3. Editing procedures.

For editing any procedure, right click on the procedure to be modified and check ‘Modifiable’ (as
discussed above).

335. Worksheet - Summary of identified misstatements (Mandatory)

To document misstatements identified during the audit and to evaluate:

 The effect of identified misstatements (including those in qualitative financial statement

disclosures) on the audit.
 The effect of uncorrected misstatements if any, on the financial statements.

Note that where applicable, remember to ask those charged with governance to correct any
misstatements not already corrected by management.

 Normal adjustments with misstatement types "Factual/Projected/Judgmental" are adjusting

journal entries identified by the auditor and corrected by the client are included in this form.
 Normal adjustments with misstatement type "N/A" identified by the client are included in
Form 335.15 of the engagement file.

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This document provides a summary of the above journal entries.

PMSD Partner and manager summary

As the name suggests, the document presents a summary for the partner and manager. When
opened for the first time, the file is to be generated. See below.

Click here to generate

Once generated, the document lists out Materiality and any ‘Issues’ in the ‘FSA’ and under ‘Other
issues’ along with ‘Other risks’ (opening an issue is discussed later).

DOC-GF Document manager sign off summary

The document is automatically populated with the signoffs in the file.

304. Optimiser - Reporting checklist (Mandatory) & 305. Reporting checklist (Mandatory)

305 presents a checklist of the ISA Auditor Reporting Standards (which are effective for audits of
financial statements for periods ending on or after December 15, 2016) for the auditor to be sure of
the standard compliance. 305 can be optimized for the specific requirements of the engagement
with ‘Optimiser checklist’ in the Engagement File Setup and form 304.

ISA 720 (Revised), ISA 805 (Revised), ISA 810 (Revised) and ISRE are not covered by the document.
So, it is suggested to ensure compliance separately.

Working in Automatic Documents

The Automatic documents are pretty much automatically generated as you further in your
documentation and processes and can have multiple use. The most common ones are the Leadsheet
and the ones in the ‘General’ folder.

Leadsheet (L/S)

These form after completing the ‘Mapping’ and the ‘Grouping’ in your file and are present for each of
ABCOT area. There are several basic options available in a L/S to work with which can be accessed by
right clicking on the document. See below.

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General folder

The first three ones are available to view the

Trial balance at different levels. Then we have
documents for viewing a summary of various
types of journal entries posted in the files
(posting a journal entry is discussed later in the
manual). Then in the last, a summary of Issues
in the file (see below).

Issue

Issues can be termed as review points in the file or tasks assigned or points noted for the future
audits etc. depending upon the nature each has been assigned. For opening an issue, Right click any
document and select ‘Add new issue’ or click on ‘Issues in the navigation bar. See below.

The following Issue card opens.

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 CaseWare Manual

Depending on the
‘Type’ of the issue
selected, the
contents will
change to cater
the
documentation.

Moreover,
depending on the
‘Type’, it will
appear in the
respective
document.

Below are the ‘Type’ option available for selection and for each there’s an Automated Document
which will populate on the basis of description in the Issue card.

Adjustment Entries
Adjustment entries can be made by clicking ‘Adj. entries from the Navigation bar.

A separate tab for posting entries opens as shown below.

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 CaseWare Manual

Give a serial number For navigating between the entries

The fields are to be define as

applicable

Select the type of JE.

(Unrecorded ones
won’t have a
monetary impact in
Select Type in
account balances)
the the
account amounts
numbers

Click on ‘Recalculate’ when the entry

completed is to be applied

Note: The document is prepared for quick referencing and giving a bird’s-eye-view of the software and does not present
detailed information on the software. This document may be updated, if needed, for adding additional operations of
CaseWare, further detailing of the current ones or for CaseWare/Template updates.

Terms of use and restriction on distribution

The document is for internal use only and the document or any portion of the document is not to be edited and/or
reproduced in any form without permission of the firm author.

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