Audit documentation may be recorded on paper, electronically or on other media. It includes, for example, audit programs, analyses, records of audit testing and results of that testing, issues memoranda, summaries of significant matters, letters of …

The auditor may consider it helpful to prepare and retain as part of the audit documentation a summary (sometimes known as a completion memorandum) that describes the significant matters identified during the audit and how they were addressed, or that …

A type 1 report provides an opinion on the description and design of controls at the service organisation, provided by the service entity’s management and cannot be relied on to reduce the level of substantive audit testing conducted by the SMSF …