Product Overview
CCH Audit Automation gives auditors reassurance that audit documentation will stand up to quality inspection and legal challenge, working to the latest auditing standards in this tough regulatory environment.
Last update: CCH Audit Automation features:
- consistent automated processes to reduce paperwork and the time to plan, customise and document an audit
- a choice of standard audit methodologies – CCH, PCAS or Mercia – or automate your own
- risk analysis tools to allow you to evaluate risks in an ISA-compliant manner
- on-screen checklists and programmes where working papers, comments and notes can be added.
CCH Audit Automation
ISQM Quality Statement
ISQM Quality Statement
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.