What's new in Audit International v2025.7.31 (2.706)
This version of Audit International includes the changes and new amendments to ISA 700 (Revised), Forming an Opinion and Reporting on Financial Statements; and ISA 260 (Revised), Communication with Those Charged with Governance, as a result of the revisions to the International Ethics Standards Board for Accountants’ International Code of Ethics for Professional Accountants (including International Independence Standards) (IESBA Code). These narrow scope amendments are effective for the audit of financial statements with periods beginning on or after December 15, 2024. The app now also supports Spanish. You can switch languages in Engagement properties.
Here’s what’s new in Audit International v2025.7.31 (2.706).
Updates
Spanish language
Set your Caseware Cloud language before you log in, and then change your product language under Content language in the Engagement Properties popup.
Spanish is available for:
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Document and folder names
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Financial group names
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Checklists
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Letters
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Queries
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Sampling, test of controls, and substantive analytical procedures
Main areas that currently do not support Spanish:
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Certain product settings
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Analysis charts
New functionality
The following functionality has been added to this release of Audit International:
Note: These new features apply only to newly created engagements.
Group audit: Create a group hierarchy at the engagement level and allocate work to component auditors. To learn more, refer to Group audit.
Central planning: Set an engagement as a central planning engagement to sync risks, controls, and selected checklists to destination engagements. To learn more, refer to Get started with central planning.
Import risks and controls: Import risks and controls from other engagements. To learn more, refer to Copy risks, controls or checklists from other engagements.
Updated documents
| Document number in Cloud | Document name | Changes |
|---|---|---|
| A200 | Preliminary engagement activities | Document guidance. Major procedure changes. New procedures. |
| A205L | Terms of engagement - Engagement letter - Draft | Major changes |
| A305 | Worksheet - Selecting an auditor’s expert | Minor procedures changes. |
| A310L | Hiring an external audit expert | Removed. |
| A300 | Overall audit strategy | Document guidance. Major procedure changes. New procedures. |
| A340L | Audit planning letter (Those charged with governance) | Major changes |
| A360 | Worksheet - Selecting a component auditor | New document |
| A400 | Team planning discussions | New procedures. |
| A405 | Preparing the risk assessment procedures | Major procedure changes. New procedures |
| A500 | Materiality | Major changes |
| A505 | Materiality of qualitative disclosures | Removed - incorporated into A500 |
| A510 | Group audit - Component materiality | New document |
| B010 | Influencers | Removed |
| B040 | Analytics Insight | Removed |
| B200 | Understanding the entity and its environment | Document guidance updated. Minor procedure changes. |
| B200Q | Understanding the entity and its environment - Query | Document guidance. |
| B300 | Underst. of the comp. of the entity's system of internal control | Minor procedures changes. |
| B305 | Understanding the IT environment | Document guidance. Major procedure changes. New procedures. |
| B310 | Understanding the IT environment - Listing | Document guidance. Major procedure changes. |
| B315 | Identifying risks through understanding | Minor guidance changes |
| B320 | General IT Controls | Document guidance. Major procedure changes. New procedures. |
| B335 | Understanding the financial reporting process | New document |
| B510 | Group audit program - Engagement scoping components | New document |
| C135 | Subsequent events | Major procedure changes. New procedures |
| C145 | Use of journal entries | Major procedure changes. |
| C160 | Financial reporting - Audit procedures | New document |
| C155 | Worksheet - Evaluating the work of a component auditor | New document |
| C205 | Group audit - Acceptance and planning | Removed |
| C210 | Group Audit - Evaluation and conclusion | Removed |
| C215 | Group Audit - Evaluation and conclusion | Removed |
| C220 | Worksheet - EQR checklist - Group audits invo. comp. auditors | Removed |
| C225 | Worksheet - Group audit - Group audit planning memorandum | Removed |
| C230 | Worksheet - Group audit - Group component summary | Removed |
| C235 | Worksheet - Group audit - Component auditors summary | Removed |
| C245 | Worksheet - Consolidation - Instructions for consolidation procedures and group financial reporting | Removed |
| C250 | Worksheet - Consolidation procedures | Removed |
| C255 | Worksheet - Goodwill impairment | Removed |
| C305 | Worksheet - Group audit instructions | Removed |
| C310 | Worksheet - Group audit questionnaire | Removed |
| C315 | Worksheet - Group audit questionnaire - Subsequent events | Removed |
| C320 | Worksheet - Component auditors - Firm summary profile | Removed |
| C325 | Worksheet - Component auditors - Firm infrastructure evaluation | Removed |
| C330 | Worksheet - Component auditors - Firm methodology evaluation | Removed |
| C335 | Worksheet - Component auditors - Firm independence confirmation | Removed |
| C205 | Letter to a component auditor | New document |
| C210 | Instructions for a component auditor | New document |
| D505 | Worksheet - Matters to be communicated to management and TCWG | Document guidance updated Major procedure change. New procedures. |
| D510 | Communications to be made by the auditor with TCWG and management | Document guidance updated Major procedure change. New procedures |
| D515L | Management letter - Draft | Minor changes |
| D520L | Report for those charged with governance | Document guidance |
| D525L | Audit findings - Sample letter | Document guidance Minor changes |
| D610 | Reporting checklist | Major procedure changes |
| D615 | Documentation checklist | Major procedure changes |
| D625 | Checklist - Audit completion (Core) | Document guidance Major procedure changes Conclusion updated |
