Why is the Risk or Significant Risk not pulling through to my work program?
Answer:
Only significant risks will pull through to your work program. Your non-significant risks will pull through to 02.00 Partner sign-off.
Open 11.60 Risk assessment at assertion level and ensure that you have selected the risk to be significant.
If the risk is significant and it is still not showing in the work program you might have a template conflict on your computer. This will happen when you install and use two different versions, e.g. 2018 and 2019 of Probe templates with only one installation of Caseware, e.g. Caseware 2019.
This is not best practice and we recommend one of the following:
- If you want to use the 2018/ 2019 version of Probe only, you must re-install the 2018/ 2019 install set (template only). Your 2020 files will then not work.
- If you want to use the 2020 version only, you must re-install your 2020 install set (template only). Your 2018/ 2019 files will not work
- If you want to use both templates at the same time, you have to install Caseware 2019 and Caseware 2020 with their respective templates to different folders on the computer. You then have to open your Probe 2018 files with Caseware 2018 and your Probe 2019 with Caseware 2019.
- If however you do not want to install two instances of Caseware and Probe you will have to update your 2018 audit programs to 2020 via Copy Components.
You will lose all the information currently in your 2018 audit program, so please make a backup/pdf print of the 2018/2019 audit programs before you do the copy components.
Rate this article:
|vote=None|
Processing...
(Popularity = 0/100, Rating = 0.0/5)
Related Articles
Performing the Engagement | Risk Response | 32.11 Cash count work program
Probe MMX |Tips and Tricks Webinar 6 The MMX methodology, Desired Audit risk, Risk of material misstatement
Probe Methodology | Planning Risk Assessment - 11.60 Risk assessment at assertion level and 11.61 Controls over significant risk
Probe | In 12.20, why is my inherent, fraud and control risk at financial statement level assessment showing "blank" or "Not yet assessed"?
view all...