Journal Entry Testing
The data request that gets the client's full general ledger, trial balances, user list and audit trail in a usable form, and the working paper that reconciles the population to the trial balance, runs the SA 240 risk criteria, records the testing of each selected entry and states the conclusion. For statutory auditors and their teams.
- 13 pages
- 502
- Word, PDF and Excel
- 30 October 2026
- 30 October 2026
The 2 formats inside
- 1Data request to the client for the journal entry populationSA 240, para 32(a) · SA 330, para 20 · SA 500, para 9 · Rule 3(1) proviso, Companies (Accounts) Rules 2014 · Rule 11(g)On its own₹149
- 2Journal entry testing working paperSA 240, paras 32(a) and A41 to A44 · SA 330, para 20 · SA 500, para 9 · Rule 11(g), Companies (Audit and Auditors) Rules 2014On its own₹149
Not included
What you will still need outside this pack:
- The fraud discussion minute and fraud risk assessment that set the journal entry criteria: FV03-C4.
- Testing of the audit trail feature itself for rule 11(g) reporting: use the audit trail testing working paper (FV03-C30).
- Statistical sample sizes and projection, where entries are sampled: use the Sampling working paper (FV03-C18).
- Data analytics software or scripts to run the filters on the ledger extract.
- The management representation letter and the communications to those charged with governance.
- A report of fraud under section 143(12) in Form ADT-4, where an exception leads there.
Read the opening
The first part of “Data request to the client for the journal entry population”, as it downloads. Blanks are highlighted.
On the letterhead of [Name of the firm], Chartered Accountants
Ref: [Engagement reference]
Date: [DD.MM.YYYY]
To,
The Chief Financial Officer
[Name of the company]
[Address of the company]