Wrapping Up an Engagement (Audit Engagements & Workpapers)

The final stage of the audit engagement is Wrap Up (close the engagement). This includes determining the audit engagement rating, and completing the final audit report. Once an engagement is closed, you cannot add, delete, or edit scope or fieldwork information.

If an audit engagement is interrupted or canceled, use the Audit Engagement application to document the reason for canceling. Canceling an engagement does not stop calculations from using the data in the engagement. Any scheduled appointments or recorded Actual Hours continue to calculate against the related audit plan. Once an engagement is canceled, you cannot add, delete, or edit scope, fieldwork, or wrap-up information.