Working papers provide the audit evidence. They can be categorized into: Auditors‘ prepared working papers, Client‘s schedules used as working papers, Audit programmes. Working papers are then organized into files usually referred to as either current files of permanent files. Required: What details should each working paper which is prepared by an auditor indicate?

The details that should b contained in each working paper prepared by an auditor include:

• The audit objective that the auditor is trying to test by the information contained in the working paper;
• Details of the source of information documented in the working paper;
• Details of the person who prepared the working paper;
• Details of review of the working paper
• The date of preparation