Non-Authoritative Support Material: Audit Documentation When Using Automated Tools and Techniques
IAASB
Apr 23, 2020 | Guidance & Support Tools
English
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The Technology Working Group (TWG) of the International Auditing and Assurance Standards Board (IAASB) published non-authoritative support material related to the auditor’s documentation when using automated tools and techniques (ATT), such as data analytics, robotics automation processes or artificial intelligence applications.
The publication assists auditors in understanding how the use of ATT during an audit engagement may affect, if at all, the auditor’s documentation in accordance with International Standard on Auditing (ISA) 230, Audit Documentation, and the documentation requirements of other relevant ISAs.
The publication does not constitute an authoritative pronouncement of the IAASB, nor does it amend, extend or override International Standard on Quality Control (ISQC) 1 or the ISAs, the texts of which alone are authoritative. Reading the publication is not a substitute for reading ISQC 1 or the ISAs.
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Related Resources
- 2018 Handbook of International Quality Control, Auditing, Review, Other Assurance, and Related Services Pronouncements
- Disruptive Technologies Roundtable Summary
- ISA 220 (Revised): Definition of an Engagement Team Fact sheet
- ISA 220 First-time Implementation Guide
- Non-Authoritative Guidance: The Fraud Lens – Interactions Between ISA 240 and Other ISAs