Client:

Prepared by:

Date:

Ref:

Year end:

Reviewed by:

Date:

B4

File no:

FILE COMPLETION
Comments

WP Ref

Pre-partner review
1

Does the file contain programmes on all relevant sections and have
they been properly completed?

Has each audit objective on the summary sheets been addressed and
cross-referenced to the working papers?

Have all the queries and problems been properly cleared or carried
forward to schedule B9 (queries for partner) or B6 (audit highlights)?

Have we investigated and documented fully all instances where

responses to inquiries of management or those charged with
governance were inconsistent?

Have substantive procedures been performed for each material class

of transaction, account balance, and disclosure?

In respect of key audit areas:

(a)

Has an audit highlights report (B6) been prepared?

(b)

Has a summary of significant audit matters (B6.1) been prepared

which sets out the work undertaken and conclusion on all risks
identified?

B6

Where the charity is not VAT registered, is this appropriate?

Have the budget and actual time summaries been completed, along
with explanations of variances?

Has the Permanent audit file been updated?

10

Have all unadjusted errors been summarised on B7 and adjusted

where necessary?

11

Where the unadjusted misstatements recorded on B7 are considered

to be material and management refuses to adjust has their effect on
the audit opinion been documented on B8?

12

Have we agreed the financial statements to the underlying accounting

records?

13

In respect of journal adjustments:

a)

Has the client approved all journals raised during the course of
preparing the financial statements?

b)

Have we examined
adjustments made?

material

journal

entries

and

B6.1

other

14

Has the B3 Audit Standards Review Questionnaire been completed?

B3

15

Has the B8 Justification of Audit Report been completed?

B8

16

Has a review of subsequent events been completed (section T)?

17

Have any observations on the charity's operations been recorded on

B11?

18

Has the partner responsible for PI matters been advised of any

complaints or problems on the job that could give rise to a complaint?

B4

Page 1 of 3

B11

ChAT August 2013

Comments
19

WP Ref

Has a draft letter of representation, addressed to the auditor, been

prepared?
Note 1. ISA 580.15 specifically requires that the letter must be
addressed to the auditor from the client.
Note 2. A specimen letter of representation is included in section 3.2.7
of the Guidance Notes.

20

21

If management will not provide one or more of the requested written

representations:
a)

Discuss the matter with management.

b)

Re-evaluate the integrity of management and evaluate the effect

that this may have on the reliability of representations (oral or
written) and audit evidence in general.

c)

Take appropriate actions, including determining the possible

effect on the opinion in the auditor's report .

Have relevant issues arising from the audit been communicated to

those charged with governance on a timely basis?
Note 1. ISA 260.19 allows oral communication where this would be
adequate. In these circumstances it is recommended that a letter of
comment is still drafted for use as an agenda for a meeting or
telephone call as ISA 260.23 requires a note to be made of all matters
communicated orally to the client.
Note 2. A specimen letter of comment is included in section 3.2.8 of
the Guidance Notes.

Final
22

Have you confirmed that there have been no changes to the firms
independence during the course of the audit, which would prevent
reappointment of the firm as auditors for the next financial period?

23

Have you considered whether there is any other reason why the
practice would not wish to seek reappointment, for example, recurrent
under recoveries?

24

Has consultation been undertaken in all circumstances, where it is

required by the firms procedures?

25

Where any fraud, error or breaches in laws and regulations have been
identified, have the implications for the audit been fully considered
including any need to report to regulatory authorities?

26

Have the firm's procedures on anti-money laundering been complied

with?

27

Review C1 and supporting schedules. Where there have been

adjustments to the level of materiality, risk or the extent of reliance on
controls, has the impact on the level of work already undertaken been
considered?

28

Has a draft letter to management or points for comment been

prepared that includes:
a)

Material weaknesses identified in the design or implementation

of internal controls intended to prevent or detect fraud?

b)

Any other matters related to the risk of fraud that should be

discussed with those charged with governance?

29

Has the review of subsequent events been updated to reflect the

current position?

30

Have all necessary points forward to next year been recorded on B10?

B4

Page 2 of 3

B10

ChAT August 2013

Comments
31

Has a budget for next year been prepared?

32

Have the following planning forms been reviewed/completed and

signed-off as part of the audit completion?

B4

a)

C7 - Materiality summary

b)

Outcome column of risk action plans (C8.2 and C8.3)

c)

C1 - Planning memorandum

Page 3 of 3

WP Ref

ChAT August 2013