Wrap up the engagement

Complete 310 Audit completion to ensure that all components of the audit engagement have been finalized. Review all audit work and ensure that the risk assessment and audit evidence obtained is sufficient to reduce the audit risk to an acceptable level. Ensure that adequate documentation has been made of significant audit findings and issues identified, including how they were addressed.

Ensure all documentation is included in the engagement file to support the audit opinion expressed and that the audit report is appropriately worded. Ensure all documentation is assembled on a timely basis after the date of the auditor’s report. After the audit file has been assembled, no audit documentation is to be deleted prior to the end of the retention period.