Documentation – Meaning
In the process of audit, the auditor should
document matters which are important in providing sufficient evidence that the
audit was carried out in accordance with the basic principles governing an
audit. The records maintained and preserved in the audit process are called as
Documentation. Documentation in this connection refers to audit note book and
audit working papers. Working papers are prepared or obtained by the auditor.
It may be in the form of extracts, photocopy of documents, representation and
explanation from the management.
of significant matters
confirmation and representation
concerning significant matters.