Improve efficiency by 30% by shifting from ‘common practice’ to ‘best practice’

Work papers are fundamental to your process, because thorough documentation is required to support key findings and recommendations in audit reports. However, their preparation is often managed outside of the audit project and therefore can be cumbersome.  This whitepaper details how it's possible to achieve at least 30% efficiency gains by:

• Knowing the standards for quality work papers and common pitfalls with traditional preparation methods

• Switching to easy to use, tried and tested work paper templates based on convention, rather than re-inventing the wheel each time

• Reducing risks around version control and organisation of supporting evidence documentation 

• Making work papers integral to your process, no matter how big or small your team/organisation, or how frequent or adhoc your audits!

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