What are the changes to the 2-100 and 2-600 tables?

What are the changes to the 2-100 and 2-600 tables?

There are four tables in 2-100 and 2-600 that should always disclose the same information at all times:

1. Key client personnel for communication
2. Significant accounting policies
3. Significant accounting estimates
4. Using the work of an expert (auditor's or management)

However, prior to our release in March 2023, the Original UD tables required users to intervene if additional information was required. The Dynamic tables will automatically adjust whether a user customises the table in 2-100 Understanding the Entity (Nature and Environment) or 2-600 Overall Audit Strategy.

Original UD tables (formerly) :

Listed below you can see the Original UD tables. These tables, although were setup so that 2-600 would collect information entered into 2-100, they were not intuitive and often users would inadvertently modify 2-600 disrupting the formulas





Dynamic  tables (new):
Listed below is the new Dynamic table for Key Client personnel for communication. The table’s appearance is the same in both 2-100 and 2-600 and regardless of which worksheet you enter the information, the Dynamic table will be updated. You can use the + and - buttons to add and remove rows.




What about carry forward and my previous data entered into the Original tables?

Obviously one thing we wanted to ensure was that your original tables were still accessible with the data you entered in the previous year. Therefore, post Carry Forward you have a choice in whether you wish to adopt your Original UD tables (with all your data) or whether you want to move to the new Dynamic tables. Your data will not be lost during the carry forward, but you can also copy and paste information from one table to the other by enabling the hidden items in 2-100 and answering the optimiser question accordingly.



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