PERMANENT FILE INDEX
NOTE: Highlight in YELLOW the CODES to indicate working papers included in this file. The workpapers are to be coded
correspondingly
Audit Work Audit Work
Trail Paper Trail Paper
Code Code Description Description
I. INFORMATION ABOUT THE CLIENT'S IV. FINANCING AND OHER SIGNIFICANT
BUSINESS AND INDUSTRY AGREEMENTS AND CONTRACTS
Guide Questionnaire for
Understanding the Client's
100 100 Business 400 400 Bank and Other Financing Agreements
Bond Indentures, Mortgages, and trust
110 110 Special Audit Risk Questionnaire 410 410 Agreements
Computer Installation Information
120 120 Form 420 420 Profit-Sharing and/or Pension Plan
130 130 Application Information Form 430 430 Collective Bargaining Agreements
Other Employees Compensation Benefit and
440 440 Insurance Plans
450 450 Leases and Options on Property
466 466 Patent and Royalty Agreements
Acquisition, Selling, Distribution, and
470 470 Commission Agreements
480 480 Other agreements and Contracts
II. INTERNAL CONTROL SYSTEM DOCUMENTATION
200 200 General Controls Questionnaire
210 210 System Flowcharts
220 220 Walkthrough Working Papers
230 230 Internal Control Questionnaire
240 240 Summary of Control Weaknesses
III ORGANIZATION AND EQUITY CAPITAL V. OTHER INFORMATION OF CONTINUING RELEVANCE
Certificates of Registration with
Governmental or Regulatory Bodies and
Articles of Incorporation or Related Accounting Requirements and
300 300 Partnership Agreement 500 500 Procedures
310 310 By-Laws 510 510 Tax Information
Continuing Analyses of Selected Accounts
Minutes or Resolution of and Other Accounting Information of
320 320 Continuing Interest 520 520 Historical Value
330 330 Stock Option Plans 530 530 Regulatory Pronouncements
Audit Date
Prepared or Updated by:
Reviewed By:
CURRENT FILE INDEX
NOTE: Highlight in YELLOW the CODES to indicate working papers included in this file. The workpapers are to be coded
correspondingly
Audit Work Audit Work
Trail Paper Trail Paper
Code Code Description Description
ii. PLANNING AND
I. AUDITOR'S REPORT, FINANCIAL STATEMENTS ADMINISTRATION
AGREEMENTS AND
AND GENERAL MATTERS CONTRACTS
Auditor's report and Financial
600-000 FS Statements 650-000 PA Initial Planning Audit Program
600-002 FS1 Referencing Sheet 650-001 PA1 Initial Planning Memorandum
Related Working Papers Used to
Develop the Audit Plan Such as
Those for Determining Audit
Scope, Materiality Levels,
Audit Supervision and Review Staffing, Time Estimates, Inter-
600-003 FS2 Questionnaire 650-002 PA2 Office Instructions, etc.
Questionnaire on Compliance
with US Accounting
Pronouncements/Philippine
600-004 fs3 PFRS Disclosure Checklist 650-003 PA3 Time Records
600-005 FS4 Tax Checklists 650-004 PA4 Confirmation Control
Other Planning and
600-006 FS5 Clients’ Representation Letter 650-005 PA5 Administration Materials
600-007 FS7 Legal Representation Letter(s)
Audit program for Related Party
600-008 FS8 Transaction
600-009 FS9 Subsequent Events Review
Checklist for Audit Performed by
600-010 FS10 Other Auditors
Questionnaire to be Completed
600-011 FS11 by Auditors of a Component
Items Removed from the
600-012 FS12 Permanent File
600-013 FS13 Other General Matters II.. COMPLIANCE TESTS
Compliance Test Program
700-000 CT Summary
700-001 CT1 Expenditure Cycle
700-002 CT2 Production Cycle
700-003 CT3 Revenue Cycle
700-004 CT4 Non-Cycle
NOTE: Highlight in YELLOW the CODES to indicate working papers included in this file. The workpapers are to be coded
correspondingly
III. SUBSTANTIVE TESTS Liabilities and Equity
Working Trial Balances and Adjustments 850-000 AA Notes payable
850-001
750-000 850-001 Substantive Test Program Summary BB Accounts Payable 0 Trade
Acceptances Payable, Liabilities
Under Trust Receipts and Marginal
750-001 850-002 Consolidating Balance Sheet 850-002 CC Deposits on Letters of credit
750-002 850-003 Consolidating Profit and Loss 850-003 DD Accrued Expenses
750-003 850-004 Working Balance Sheet 850-004 EE Income Tax and Other Taxes Payable
750-004 850-005 Working Profit and Loss 850-005 FF Other Current Liabilities
750-005 850-006 Trial Balance Prepared by Client 850-006 GG Long-Term Debt
Summary of Adjusting/Reclassifying
750-006 850-007 Journal Entries 850-007 HH Other Non-Current Liabilities
Contingent Liabilities and
Summary of Consolidating Journal Commitments/Related Company
750-007 850-008 Entries 850-008 II Accounts
Stockholders', Partners' or
750-008 850-009 Summary of Passed Adjustments 850-009 JJ Proprietors' Equity
Summary of Funds Statement
750-009 850-010 Adjustments 850-010 KK Retained Earnings
750-009 850-011 Analytic Review
Assets
800-000 A Cash Balances
800-002 B Accounts Receivable - Trade
800-003 C Other Receivables Income and Expenses
800-004 D Inventories 900-000 10 Sales
800-005 E Prepaid Expenses 900-001 20 Cost of Sales
800-006 F Investments 900-002 30 Selling Expenses
800-007 G Property, Plant and Equipment 900-003 40 Administrative Expenses
800-008 H Deferred Charges 900-004 60, 60, 70 Other Grouping of Expense Accounts
800-009 I Intangible Assets 900-005 80 Other Income and Expenses
800-010 J Other Assets
KEY TO STANDARD TICKMARKS
Audit Procedures Performed Standard Tickmarks
Checked against ledger figures √ (placed beneath total figures)
Footings checked (Additions and subtractions) ^ (place to the right of total figures)
(placed to the right of resulting
Crossfootings checked (additions and Subtractions) ^ figures
Computations (other than additions and subtractions) verified ^
Results of Confirmation Requests: CB
Confirming balances RD
Reporting Differences RD
Returned by Post Office RPO
No replies NR
Inventory Listings (pre0-list or final list Quantities counted ↅ
