AuditDesktop supports work with Statement of financial position
financial statement. It can be generated automatically in accordance
with the Statement of financial position
items nomenclature's settings or
entered manually by the user. If you use the automatic generation, you
must enter the Codes and Names of the items beforehand. When using the
manual input, you can enter them in the current active window; they will
be automatically transferred later on. The Statement of financial
position of the audited entity can be entered for the current period,
the previous period and the period before last. This allows for a quick
and easy-to-use analysis of changes.
To access the Statement of financial position active window, open
the Statements tab and click the Statement of financial
position button.
¶ Initial
In this tab you can enter the Initial statement of financial position
which the client provides at the beginning of the engagement.
The buttons give access to the following actions:
- Print - preview and print the Initial statement of financial
position data on templates - Data - open the Edit initial statement of financial
position window - Nomenclature - open the Statement of financial position
items nomenclature - Refresh - reload and refresh data
¶ Final
Here you can enter the Final statement of financial position of the
audited entity. This can be done manually, transferred from the Initial
or calculated by using the data from the Final trial balance.
The buttons give access to the following actions:
- Print - preview and print the Final statement of financial
position data on templates - Data - open the Edit final statement of financial
position window - Nomenclature - open the Statement of financial position
items nomenclature - Refresh - reload and refresh data
When using the copy engagementfunction, AuditDesktop
will automatically transfer values from Final to Period -1, and
those from Period -1 to Period -2 column.