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Audit Engagements

The Audit Engagements module manages the entire lifecycle of an audit file — from client acceptance through to sign-off and archiving. Each engagement is a self-contained audit file with an 18-tab detail panel.

Creating an Engagement

Click New Engagement to open a 3-step wizard:

Step 1 — Engagement Details

FieldRequiredNotes
ClientRequiredSelect from your entity register
Engagement TypeRequiredStatutory Audit, Independent Review, Agreed-Upon Procedures, Compilation, Other
FrameworkRequiredIFRS, IFRS for SMEs, GRAP, PFMA, Other
Financial Year EndRequiredDate picker
Period Start / EndRequiredAudit period range
Engagement NumberOptionalOptional (e.g. AUD-2025-001)

Step 2 — Team Assignment

RoleRequiredNotes
Engagement PartnerRequiredSelected from practice members
Engagement ManagerOptionalOptional
Quality Reviewer (EQCR)OptionalAssigned for qualifying engagements
Team MembersOptionalMulti-select checkbox list of practice members

Step 3 — Review & Confirm

Preview all selections. On creation, AtlasOS auto-seeds acceptance records, independence declarations, 12 ISA section sign-offs, PBC templates, and a compliance obligation.

Engagement List View

The list view displays all engagements in a filterable, paginated table:

ColumnDescription
ClientEntity legal name + engagement number
TypeStatutory audit, review, AUP, etc.
Year EndFinancial year end date
StatusColour-coded badge (Acceptance → Signed Off)
PartnerAssigned engagement partner
MaterialityOverall materiality amount (Rand)
RiskOverall risk level (High / Medium / Low colour dot)

Filters

  • Search — Free text across client name, engagement number
  • Status — Filter by lifecycle stage
  • Type — Filter by engagement type
  • Pagination: 20 per page

KPI Dashboard (top of list)

KPIDescription
Active EngagementsCount of non-completed engagements
In FieldworkEngagements currently in fieldwork stage
Signed Off (YTD)Completed this year
Pending AcceptanceAwaiting acceptance decision

18-Tab Engagement Detail Panel

Click any engagement row to open the full detail panel:

TabPurpose
OverviewSummary KPIs, materiality, risk, team, status progression
AcceptanceClient acceptance & continuance assessment
IndependencePer-team-member independence declarations
PlanningEngagement planning and strategy
Risks (ISA 315)Risk register — inherent, control, significant, fraud risks with ISA references
Controls (RCM)Risk-Control Matrix — preventive/detective controls, design & operating effectiveness
Working PapersUpload and organise working papers by ISA section
SamplingAudit sampling plans and execution
ProceduresSubstantive and test-of-controls procedures
MisstatementsLog identified misstatements with financial impact
FindingsFindings register with severity and management response tracking
Sign-offs12-section ISA sign-off checklist — per-section partner/reviewer approval
CompletionCompletion checklist and going concern assessment
EQREngagement Quality Review — for qualifying engagements (EQCR)
Rep LetterManagement representation letter generation and tracking
BinderAudit file binder — final assembly of evidence and working papers
PBCPrepared-by-client request lists — portal-integrated
ReportAudit report generation and issuance tracking

Risk Register (ISA 315)

The Risks tab implements ISA 315 risk identification:

FieldValues
Risk DescriptionFree text
Risk TypeInherent, Control, Significant, Fraud
Risk LevelHigh, Medium, Low
ISA Referencee.g. ISA 315.28
Audit ResponsePlanned audit response to the risk

AI Risk Suggestions

Click AI Suggest Risks to auto-generate risk assessments based on the entity's industry, financial profile, and engagement type. AI-suggested risks are added to the register for review and can be edited or removed.

Controls (RCM)

The Controls tab implements the Risk-Control Matrix:

FieldValues
Control NameFree text
Control Referencee.g. C-001
Control TypePreventive, Detective
Control OwnerFree text (responsible person)
FrequencyOngoing, Daily, Weekly, Monthly, Quarterly, Annual
AutomatedYes / No
Design EffectivenessEffective, Ineffective
Operating EffectivenessEffective, Ineffective

Controls link to risks in the Risk Register — the linked controls count appears on each risk card.

Status Progression

Current StatusActionNext Status
Acceptance PendingAcceptAccepted
AcceptedStart PlanningPlanning
PlanningStart FieldworkFieldwork
FieldworkMove to CompletionCompletion
CompletionStart ReportingReporting
ReportingSign OffSigned Off

Alternative terminal states: Declined and Withdrawn.