ISA 230 Documentation is one of the International Standards on Auditing

International Standards on Auditing

International Standards on Auditing are professional standards for the performance of financial audit of financial information. These standards are issued by International Federation of Accountants through the International Auditing and Assurance Standards Board .-Respective responsibilities:*ISA...

. It serves to direct the documentation of audit working papers

Audit working papers

Audit working papers are the documents which record all audit evidence obtained during financial statements auditing, internal management auditing, information systems auditing, and investigations. Audit working papers are used to support the audit work done in order to provide assurance that the...

 in order to assist the audit planning and performance; the supervision

Supervisor

A supervisor, foreperson, team leader, overseer, cell coach, facilitator, or area coordinator is a manager in a position of trust in business...

 and review

Review

A review is an evaluation of a publication, a product or a service, such as a movie , video game, musical composition , book ; a piece of hardware like a car, home appliance, or computer; or an event or performance, such as a live music concert, a play, musical theater show or dance show...

 of the audit work; and the recording of audit evidence

Audit evidence

Audit evidence is evidence obtained during a financial audit and recorded in the audit working papers.* In the audit engagement acceptance or reappointment stage, audit evidence is the information that the auditor is to consider for the appointment...

resulting from the audit work in order to support the auditor's opinion.

ISA 230 statements

The auditor should prepare, on a timely basis, audit documentation that provides:

1. A sufficient and appropriate record of the basis for the audit report
2. Evidence that the audit was performed in accordance with ISA's and applicable legal and regulatory requirements (Paragraph 2).

The auditor should prepare the audit documentation so as to enable an experienced auditor, having no previous connection with the audit, to understand:

1. The nature, timing, and extent of audit procedures performed to comply with ISAs and applicable legal and re