What is the KRPT report?
Key audit matters, as defined by auditing standard ASA 701, are those matters that, in the auditor's professional judgement, were of most significance in the audit of the financial report of the current period. Key audit matters are selected from matters communicated with those charged with governance.
KRPT ‑ Key Audit Matters Documentation
The KRPT document provides the means for the auditor to access all risks that they have identified throughout the engagement file and determine if the Risk is required to follow the process below.
If you Right-Click anywhere on the table it will allow you to open the Independent Auditor's Report (4-760).
Note: ASA 701 applies to audits of general purpose financial reports of listed entities and also applies in those circumstances when the auditor otherwise voluntarily decides, or at the request of management or those charged with governance, to communicate key audit matters in the auditor's report, which might be entities other than a listed entity.