Yellow Book Quotes
Yellow Book 8.11 refers to this as the "specific steps and tests auditors perform to address the audit objectives"
What is Methodology?
Along with the PDF web address, this additional item must be documented in the Source tab when using a web page as evidence
What is date webpage last accessed?
A brief summary of the worked performed from the Results section and answers the Purpose
What is Conclusion?
Issues such as orphan documents, reviewers not signing off workpapers within 60 dys after preparer sign-off, and source tab not containing information such as name, phone #, title, etc are some of the top issues discovered during [this] process that is performed by OAQA
What is quality control reviews?
This type of workpaper is documented in TeamMate at least 2 times and must be avoided
What is a duplicate?
"auditors must prepare [this] related to planning, conducting, and reporting for each audit". This also supports findings, conclusions, and recommendation
What is audit documentation?
It's included in a procedure step when a step is no longer required or not necessary, rather than saying N/A
What is an explanation?
The workpaper element that describes the work developed for each step in the methodology
What is Results?
A feature in TeamMate used by the preparer to ensure spelling is correct?
What is spell-check?
The term defined in the OA Handbook 8.10.21 as unnecessary workpapers that should be deleted from TeamMate and may include such things as unnecessary criteria and evidence gathered but not used to answer the audit objective
What are extraneous workpapers?
This workpaper element may include criteria such as laws and regulations, policies and procedures, benchmarks and contracts or grant agreements"
What is Source?
the workpaper element that describes where and when the information was obtained and/or who gave you the information
What is Source?
It documents such things as the time periods reviewed, descriptions of records or transactions examined, and possible data limitations
What is Scope?
This guidance contains the generally accepted government auditing standards (GAGAS) and provides the foundation for government auditors to lead by example in the areas of independence, transparency, accountability, and quality through the audit process
What is the GAO Government Auditing Standards, or GAO Yellow Book?
Any electronic file such as Word, Excel, PowerPoint, Adobe PDF, or an image used within the PG section in TeamMate
What are supporting workpapers?
The term defined as "use of the auditor's professional knowledge, skills, and abilities, in good faith and with integrity, to diligently gather information and objectively evaluate the sufficiency and appropriateness of evidence"
What is professional judgement?
The green circle feature in TeamMate when a work step is completed
What is sign off as prepared?
The 6 elements addressing audit documentation
What is Purpose, Source, Scope, Methodology, Results, and Conclusion?
This workpaper element addresses such questions as why was this work performed and should not state - To document, To identify, To analyze
What is Purpose?
Along with recording the web address and date the web page was accessed, auditors should include this as part of that audit documentation in the Source tab
What is a PDF image of the webpage?
"the boundary of the audit [such as] the time period reviewed, and location"
What is Scope?
The sample population, sample size, and sample selection are some of the items included in this workpaper element
What is Methodology?
A feature in TeamMate used by audit teams to reference supporting documents
What is hyperlinking?
The application that stores, manages, edits, processes, and tracks electronic workpapers during the life-cycle of an audit
What is TeamMate or EWP?
Clicking on either of these 2 things in TeamMate allows the auditor to hyperlink a documented workpaper from a different procedure step
What are TO ARC or Bookmark hyperlink button?