Begin Data Entry
Get up and running with CCH Audit Automation as quickly and efficiently as possible
Last update: CCH Audit Automation
CCH Audit Automation login
This document provides a detailed guide on logging in and out of CCH Audit Automation. It describes the initial login screen, where users must enter their initials and password to access data. It highlights the importance of selecting the correct operational mode and the consequences of failed login attempts. Additionally, the document emphasizes the necessity of logging out to prevent unauthorized access, warning users against leaving their accounts open. It notes that switching users does not require a system restart.
CCH Audit Automation
CCH Audit Automation main window
The document provides an overview of the CCH Audit Automation main window, detailing its layout and functionality. Upon launch, users are greeted with a multiple document interface allowing the management of various windows. It includes a menu bar with File, Master Packs, and Help options, a customisable ribbon for toolbar arrangement, and a navigation panel for easy access to different sections. Additional features like tooltips, hints, and the ability to hide or adjust the navigation panel enhance usability. Both toolbars and navigation can be customized according to user preferences, improving workflow efficiency.
CCH Audit Automation
Change passwords and edit users
This document provides instructions on managing users within the CCH Audit Automation system. Key actions include changing passwords, adding, editing, and deleting users, and understanding user access levels ranging from 0 (System Manager) to 5 (Read Only). Users can change details like name, email, and password, while system managers can modify user information without restrictions. The document also outlines procedures for user deactivation and reactivation when necessary. Lastly, it notes that certain users cannot be deleted if they have existing data entries.
CCH Audit Automation
Travelling Clients
This document provides guidance on managing travelling clients in CCH Audit Automation, particularly for auditors unable to connect to the office network. It details the step-by-step process for transferring client data to offline databases and synchronizing it back to the office. The document covers configurations, transferring data from both CCH Audit Automation and CCH Central, as well as how to reverse or undo the travel of client data. Key features, warnings, and requirements for successful data management are highlighted throughout to ensure efficient handling of travelled clients.
CCH Audit Automation
ISQM Quality Statement
ISQM Quality Statement
CCH Audit Automation
Working Papers and Client Documents
This document provides guidance on creating working papers and managing client documents using CCH Audit Automation. It highlights the use of an internal word processor and OLE links to Microsoft Word and Excel for generating textual documents. Users can create, index, and file documents, attach them to audit tests, and import files through drag-and-drop capabilities. The system allows for template selection and document customization, including the ability to scan and attach documents. It also covers changing working paper references and ensures that documents are appropriately filed and can be retained for subsequent audits.
CCH Audit Automation
User Defined Graphs
This document outlines the process for defining and managing custom graphs using a system integrated with trial balance and equation data. Users can create up to 10 series per graph and view or print these graphs. Instructions cover adding, editing, and deleting graphs, as well as customizing their appearance through various settings. Features include a user-friendly definition dialog, options for plotting data, graph styles, and Y-axis manipulation. Additionally, it explains how to copy graphs to the clipboard, print them, and reset settings to defaults, enhancing analytical review tools in audit automation.
CCH Audit Automation
Trend Analysis
The document discusses a system for analyzing financial trends using historical trial balance data. It requires at least two years of data for accurate calculations, producing five trend lines per account to find the best fit for projections. Trend analysis can be accessed through the Planning menu and includes options for setting exception limits for reporting variances. Additionally, the system allows updating current figures based on these projections, ensuring accuracy in the trial balance. Users can review correlation figures and make necessary adjustments before finalizing the projections.
CCH Audit Automation
Tests and Work Programme
The document outlines the functionalities of an audit automation system that enables users to track audit progress, complete checklists, and maintain comprehensive working papers. It features a color-coded system for document status, provides options to enter audit test details, update checklists, and create working papers. Additionally, it allows for various sign-offs from senior to partner levels, manages reviews, and includes tools for calculating sample sizes. Users can also transfer comments between documents, structure their audit files effectively, and utilize calculators to enhance their auditing processes.
CCH Audit Automation
System Reference Manual
The "System Reference Manual for CCH Audit Automation" provides comprehensive guidelines for effectively using the CCH Audit Automation system, which is designed for audit planning, documentation, and execution. The manual covers key topics, including system overview, getting started, managing client files, user management, reporting, and customization of audit procedures. It also includes sections on risk modeling, materiality, documentation management, and handling trial balances. This resource aims to ensure users can maintain high standards in audit documentation and improve operational efficiencies through the system’s features and functionalities.
CCH Audit Automation
Staff Records
This document outlines the process for creating and managing staff records in CCH Audit Automation during the audit planning stage. It details how to input staff details such as initials, name, email, charge grade, seniority, assignment dates, and notes justifying their selection. The guide also describes how to apply security settings, add, edit, or delete staff records, and suppress sign-off requirements. The document includes user interface instructions, highlights the importance of maintaining accurate records, and emphasizes the system's capacity to manage access controls efficiently.
CCH Audit Automation
Scanning Documents
The document explains how CCH Audit Automation enables users to scan and incorporate documents as working papers in an auditing process. It details the setup requirements, file formats available (TIFF, JPEG, PNG), and recommended scanning settings for optimal document quality and size reduction. The guide also covers scanning procedures, error handling, document annotation, cross-referencing capabilities, and printing options. Users can modify scanner settings, make adjustments to scanned images, and interact with annotations for efficient document management. Additionally, the document emphasizes usability features such as thumbnail views and display enhancements.
CCH Audit Automation
Sample Size - The Calculators
CCH Audit Automation offers three calculators: the Add Lister for checking entries with editable features, the Sample Interval Selector for identifying items exceeding a specified limit for testing, and the Sample Stratification Calculator for determining sample sizes within a stratified population. Users can import data, edit entries, and print results from any calculator. Each calculator provides unique functionalities to assist in audit processes, including a method to analyze risk factors linked to specific items for informed sampling decisions.
CCH Audit Automation
Sample Size Calculation
The document describes a system for calculating sample sizes and risk factors for standard and pool tests in auditing. It outlines how sample sizes are determined based on the highest risk associated with audit assertions, with provisions for maximum sizes and adjustments post-planning. The system ensures all tests link to relevant assertions and prompts recalculations if risk levels change. Additionally, it manages stratification calculations and allows for clearing data during balance forwards. Overall, the process aims to provide precise audit evidence based on variable risk levels.
CCH Audit Automation
Running the Risk Model
The document outlines the audit process within a planning menu, highlighting risk assessment routines accessible via the drop-down [Risk analysis] button. It describes the feature that automatically associates mandatory tests with assertions in the Residual Risk program, streamlining the audit efficiency. Additionally, it details how the system prepopulates test selections for all assertions with relevant standard and mandatory tests. This automation aids auditors in creating comprehensive and accurate checklists and ensures adherence to required procedures throughout the audit process.
CCH Audit Automation
Risk/Sample Selection
This document outlines the concept of audit risk, defined as the likelihood of undetected material errors during an audit. It introduces a risk model used in Audit Automation that requires total audit risk to remain below acceptable levels across various audit areas. The risks are broken down into inherent risk, control risk, and detection risk, with further subdivisions for detection risk. It emphasizes the importance of understanding these concepts to design effective audit procedures and assess risk at different levels. Additionally, it discusses general and control environments, and the calculation of residual risk, alongside a risk scoring system.
CCH Audit Automation
Risk Model Deactivation
The document outlines the changes in a client pack when a Master Pack is designed without a risk model. Key changes include renaming the "Risk analysis" tool to "Materiality," inactivation of risk analysis options, disabling "Outstanding questions" review, and no checks on audit programs regarding risk model completeness. Additionally, certain planning items are deactivated, and no risk-related pages are included in the planning section. However, the materiality calculation remains accessible for potential use, even if risk assessment is deemed irrelevant.
CCH Audit Automation
Review Unanswered Risk Questions
The document outlines a planning system that verifies the completion of planning records by checking for answered risk questions at various stages. Users can also manually check for outstanding questions through the Planning section. If any questions remain unanswered, the system provides a dialog listing these areas, allowing users to drill down and respond. The instructions include how to navigate the interface to address these questions effectively.
CCH Audit Automation
Reminders
This document outlines the process of adding reminders in CCH Audit Automation. Reminders are tied to specific audit areas and serve to highlight important matters or instructions for audit staff. Users can choose whether reminders "pop-up" during audit activities and can leave comments on how issues were resolved. Reminders are accessible through the Reference menu and various audit-related dialogs, indicated by a red button if active. Users can view, manage, and add new reminders as needed, enhancing communication and attention to detail in the audit process.
CCH Audit Automation
Reallocation of Tests
The document outlines the procedure for reallocating audit tests to staff members within an audit automation system. It describes how staff can be assigned tests, including the option to maintain or adjust these allocations for the following year. Users can access a reallocation dialog through the budgeting menu to manage unallocated tests and those assigned to staff not participating in the current audit. The system facilitates the movement of assignments easily, allowing corrections if mistakes occur. Final reallocation requires confirmation, and users can choose to abort the process if necessary.
CCH Audit Automation
Quality Management and latest Master Packs versions
The document outlines the new quality management standards released by the FRC in July 2021, shifting focus to proactive quality management systems. It highlights three key standards: ISQM (UK) 1, ISQM (UK) 2, and ISA (UK) 220, effective for audit periods starting after December 15, 2022. Firms must implement compliance systems by this date, with evaluations due within the following year. Collaboration with methodology providers Mercia and Croner-i is discussed to assist in compliance, along with updates on the latest audit pack versions available in CCH Audit Automation.
CCH Audit Automation
Preliminary Analytical Review
This document outlines the process for recording a preliminary analytical review using CCH Audit Automation. It details how to access the feature, the specific data columns available, and how to input or edit financial data. Users can manage budgets, set materiality thresholds, and document audit risks. The system allows users to freeze figures, add sub-areas for detailed analysis, and generate reports. Additional features include adjusting display settings and providing options to print or save reports. Overall, it serves as a comprehensive guide for effectively utilizing the analytical tools within the software.
CCH Audit Automation
Perennial checklists
The document outlines the functionality and management of Perennial Checklists in an audit system. These checklists retain user-entered answers from the current year and two prior years, allowing for seamless roll-overs and adjustments between master pack releases. It describes procedures for adding, editing, deleting, and re-sequencing questions within these checklists, as well as importing and exporting checklist data. Users can configure question conditions, valid answers, and levels to enhance checklist utility while maintaining organization and clarity in the auditing process.
CCH Audit Automation
Materiality
The document outlines the process of using Audit Automation to calculate and review materiality figures for audits. It describes the calculation of up to four materiality factors, including a base figure and three alternatives, with the base figure being prioritized. Users can override calculated figures if deemed necessary, providing justifications for these adjustments. Additionally, it explains how performance and sampling materiality can be adjusted on a client-specific basis and includes the option to modify levels considered trivial. Overrides require a reason to be documented before saving changes.