Workpapers are the building blocks for the audit. If it’s not in the workpapers, the manager and partner might not know about it or consider its ramifications. A badly prepared workpaper is a time-waster for managers and partners, so training in proper workpaper preparation is critical.
Make this course part of the firm’s quality control system. Learn the basics of workpaper preparation – form and content – to make sure everything significant is properly documented.