No, the audit work paper should be prepared by the auditor (or auditing firm)
The part of the auditor’s job
is to documents his/her finding in work paper.The work paper that is prepared by auditor (or auditing firm) is more reliable than the oneis prepared by the client.2.
u=footed and/or cross-footed
√=agreed to general ledger –
confirmation, completenessy=traced to accounts receivable subsidiary ledger
analytical or scanning, completenessi=verified aging
scanning or inquiry or confirmation , cut off c=confirmed; no exception
confirmation, existence or completenesscx=confirmed with exception - confirmation or inquiry, existence3.
of the audit assertions was violated.The classification of account receivable from J.R farmer was recorded as a classificationof account receivable from officer.4.
Documents, recalculation, scanning-Collect the invoice and cancelled check or note (if the customer cancelled the check)from the customer to recalculate them.-Compare journal entries for unusual items and perusal of a list by scanning.