> Audit documentation --This Standard on Auditing (SA) deals with the auditor’s responsibility to prepare audit documentation for an audit of financial statements. It is to be adapted as necessary in the circumstances when applied to audits of other historical financial information. The specific documentation requirements of other SAs do not limit the application of this SA. Laws or regulations may establish additional documentation requirements. **--The objective of the auditor is to prepare documentation that provides:** (a) A sufficient and appropriate record of the basis for the auditor’s report; and (b) Evidence that the audit was planned and performed in accordance with SAs and applicable legal and regulatory requirements. --**Content and Extent of Audit Documentation** -Presence of engagement letter duly signed proves that auditor and client agreed upon terms of engagement -The identifying characteristics of the specific items or matters tested; - Who performed the audit work and the date such work was completed; and - Who reviewed the audit work performed and the date and extent of such review. --Significant matters arising during the audit, the conclusions reached thereon, and significant professional judgments made in reaching those conclusions. -The nature, timing, and extent of the audit procedures performed to comply with the SAs and applicable legal and regulatory requirements -Matters that give rise to significant risks -Audit Programs -Abstract or copies pf entity documents. -Letters of confirmation and representation. -Memorandum -Analysis etc.

Audit documentation is the written record of the basis for the auditor's conclusions that provides the support for the auditor's representations, whether those representations are contained in the auditor's report or otherwise. Audit documentation also facilitates the planning, performance, and supervision of the engagement, and is the basis for the review of the quality of the work because it provides the reviewer with written documentation of the evidence supporting the auditor's significant conclusions. Among other things, audit documentation includes records of the planning and performance of the work, the procedures performed, evidence obtained, and conclusions reached by the auditor. Audit documentation also may be referred to as work papers or working papers

Some Examples of audit documentation are: 01. As we do in our articleship while doing the vouching we used to keep the record in a file 02. While during service tax audit retention of copies of reconciliation of Form 26AS and Income shown under P&L A/C.etc are some Eg which we do in our routine work can easily be regarded as audit documentation for an ease understanding.

HI, 1)Introduction This standard establishes general requirements for documentation the auditor should prepare and retain in connection with engagements conducted pursuant to the standards of the Public Company Accounting Oversight Board ("PCAOB"). Such engagements include an audit of financial statements, an audit of internal control over financial reporting, and a review of interim financial information. This standard does not replace specific documentation requirements of other standards of the PCAOB. 2)Objectives of Audit Documentation Audit documentation is the written record of the basis for the auditor's conclusions that provides the support for the auditor's representations, whether those representations are contained in the auditor's report or otherwise. Audit documentation also facilitates the planning, performance, and supervision of the engagement, and is the basis for the review of the quality of the work because it provides the reviewer with written documentation of the evidence supporting the auditor's significant conclusions. Among other things, audit documentation includes records of the planning and performance of the work, the procedures performed, evidence obtained, and conclusions reached by the auditor. Audit documentation also may be referred to as work papers or working papers 3) Documentation of Specific Matters Documentation of auditing procedures that involve the inspection of documents or confirmation, including tests of details, tests of operating effectiveness of controls, and walkthroughs, should include identification of the items inspected. Documentation of auditing procedures related to the inspection of significant contracts or agreements should include abstracts or copies of the documents. 4) Retention of and Subsequent Changes to Audit Documentation The auditor must retain audit documentation for seven years from the date the auditor grants permission to use the auditor's report in connection with the issuance of the company's financial statements ( report release date ), unless a longer period of time is required by law. If a report is not issued in connection with an engagement, then the audit documentation must be retained for seven years from the date that fieldwork was substantially completed. If the auditor was unable to complete the engagement, then the audit documentation must be retained for seven years from the date the engagemen

when original paper documentation is electronically scanned or otherwise copied to another media for inclusion in the audit file. 4 Examples of audit documentation include the following: • Audit plans5 • Analyses • Issues memorandums • Summaries of significant findings or issues • Letters of confirmation and representation • Checklists • Correspondence (including e-mail) concerning significant findings or issues