New templates now live
We are pleased to announce that we have now released templates that cover the new audit report requirements for most entities.
- Tier 1 and 2 (2016 updates)- for both Public Benefit and For Profit entities - replaces our old IFRS and GPFS templates
- Tier 3 PBE (2016 updates) - replaces our old Tier 3 PBE
- Tier 4 PBE (2016 updates) - replaces our old Tier 4 PBE
These templates not only include new style audit reports but we have also updated the checklists and work-papers to match the changes made to many of the standards that the new style reports require. Users may swap out existing job types for the new ones, and additional steps and checklists to cover the new requirements will appear, but existing work will be retained.
Bill Heritage from Tupiza Ltd has worked with us on creating the new reports, and these include some new options, like Bannerman clauses and reports for Tier 3 and 4 PBEs where the Statement of Service Performance has not been audited. See more here
We have done basic testing on these new releases, but as you will appreciate there are so many permutations and combinations with the new audit reports that it is possible that the odd mistake may have slipped though. If you do find anything please let us know and we will check it out.
Still to come, we will be replacing our current Base Audit with a template for "other" entities (predominantly what was Tier 3 and 4 for-profit entities), plus we will update the Tier 3 PBE groups template. We are also working with Bill on work-papers for the audit of Statement of Service Performance which we will add into the Tier 3 and 4 PBE jobs when complete.
Please contact our support desk if you have any questions at all on these.