How to use the Agile Audit Balance Sheet and Income Statement?
Agile Audit engagements provide a couple of financial statement documents, such as, Income Statement (4-450) and Balance Sheet (4-455) to review the variance amount and percentage changes between the current and prior year.
Watch the video below to understand how to utilise these documents.
Related Articles
Agile Audit Process Map
The Agile Audit process map attached in this FAQ below illustrate the best methodology to use our CaseWare Agile Audit for an audit engagement. To go alongside the process map, a series of FAQs are below to provide details on parts of the process ...
Different formats of the Statement of Comprehensive Income
CaseWare Australia & New Zealand has provided three different formats of the Statement of Comprehensive Income. Summary Statement of Comprehensive Income (Default) Statement of Comprehensive Income - Single Statement by Nature* Statement of ...
Agile Audit mapping structure
Based on recent questions we have received from Agile Audit customers, we have developed this explanatory FAQ on the use of the current mapping structure in Agile Audit. Background: The Mapping structure included in version 1 was designed to be ...
Enabling Agile Audit for staff
After Agile Audit ANZ has been enabled on your firm’s CaseWare Cloud site, a Cloud administrator will need to assign the app to the relevant staff to access and use. This is done one of two ways: Both options below can only be performed by a Cloud ...
Consolidation in Agile Audit
Although consolidation is a feature in Agile Audit, it is important to be aware of a few key rules/best practices: 1. Only Trial Balance and journal data will be consolidated - there is no consolidation of risks or documentation between entities ...