What are CaseWare SMSF Audit’s assertions
CaseWare SMSF Audit Performance
As CaseWare SMSF Audit is a web-based tool, speed and performance can be affected by a number of different factors. Whilst we can’t assist with factors like internet speed or slow hardware, we can make the following recommendations to help with ...
SMSF Audit letter and workpaper templates
With the assistance of our SMSF Audit content provider, we have developed the following letter and work papers templates for SMSF auditors to use - all are attached at the bottom of this FAQ. These template letters and work papers can be tailored by ...
What is preserved in a firm’s SMSF Audit template after an update?
Previously, any firm customisations made in the SMSF Audit template were lost during the SMSF Update. This meant that Firm Authors would need to redo their content each release. In SMSF Audit 2022 Release (1 July 2022), the template now carries ...
What assertions are used in CaseWare audit tools?
Within all CaseWare audit solutions, the 4 combined audit assertions are used: C - Completeness E - Existence A - Accuracy & Cut-off V - Valuation These map to the more detailed assertion level for classes of transactions and account balances as ...
How do I carry forward an audit if the administration platform has changed during the year
When an SMSF Audit file is carried forward, the Trial Balance import method will default to the same method used in the prior year file. So how do you carryforward an audit file when the fund has changed administration platforms during the year? ...