Audit Tool - Document Verification System

AUDIT TOOL | Client & Engagement Setup

Enter details here once — all Working Papers update automatically

ⓘ This is the central setup area. All client information and sign-off details entered here will automatically populate the DVC Preview, Materiality, Analytics, and all other working papers. You may still override any field individually within each WP tab.

A. Client & Engagement Information

Enrolment Number :

Partner's Name :

CA Firm's Name :

Client's Name :

Client's Registration :

Ref. Number :

Client's Category :

Client's Industry :

Period From :

Period To :

Document Name :

Document Type :

Date of Issue :

Listing Status :

No. of Employees (Preceding Year) :

PIE by Regulator / Other Designation :

Year End Date (Current Year) :

Year End Date (Prior Year) :

B. Audit Team — Default Sign-off (applies to all Working Papers)

Prepared By :

Prepared Date :

Reviewed By :

Reviewed Date :

ⓘ You can override sign-off details individually on each WP tab. Once overridden, they will no longer auto-update from here.

AUDIT TOOL | Document Verification System (DVS)

DVC Preview (Pre-DVC Check)

ⓘ Client details below are linked from the Setup tab. Edit them there to update all WPs, or change here for a one-off override.

Enrolment Number :

Partner's Name :

CA Firm's Name :

Client's Name :

Client's Registration :

Ref. Number :

Client's Category :

Client's Industry :

Period :

To :

Document Name :

Document Type :

Date of Issue :

Listing Status :

Key Information

Description	Amount / Value
Total Liabilities
Gross Revenue Shown in IS
Profit before taxes
Retained Earnings
Total Assets

Opinion Type :

Board Meeting Date :

Audit fee (FS) :

Audit fee (Appointment) :

DVC Date :

Report Date :

Checklist & Compliance

Checklist Item	Status
FS approval date by board of director shall be mentioned in the Notes to FS.
Board meeting date and Report date shall be same.
DVC date and report date is same.
Board approval meeting minutes shall be kept in the file.
Partners signature in the name of partner, not in the name of firm.

Provident Fund (PF)

Completed audit within 120 days of FY ended.

PIE Status

PIE Status (auto-determined by PIE Status tab — or select manually)

Prepared By :

Prepared Date :

Reviewed By :

Reviewed Date :

AUDIT TOOL | Trial Balance Mapping

| Enter balances and map to financial statement categories

	Previous Year		Current Year
Account Name	Dr	Cr	Dr	Cr	Sub Class	Account Head	Action
Total	0	0	0	0
Difference (Dr − Cr)	0		0

AUDIT TOOL | Planning Materiality

| ISA 320 — Materiality in Planning and Performing an Audit

Objective

To establish planning materiality thresholds in accordance with ISA 320 to guide the nature, timing, and extent of audit procedures for the current audit engagement.

Audit Procedures

No.	Procedure	Done By	W/P Ref.
1	Identify an appropriate financial benchmark based on the entity's nature, size, and operations.
2	Apply the selected percentage to the benchmark to compute Overall Materiality (OM) per ISA 320.
3	Set Performance Materiality (PM) as a percentage of OM, considering the assessed level of risk.
4	Determine the Trivial / Clearly Inconsequential (CI) threshold as a percentage of OM.
5	Document rationale and communicate the agreed materiality levels to the audit team.

Benchmark Reference (Standard Guidelines)

Benchmark	OM Range	PM (% of OM)	CI (% of OM)	Typical Application
Revenue / Turnover	0.5% – 1%	50% – 75%	3% – 5%	Trading, manufacturing, retail
Total Assets	0.5% – 2%	50% – 75%	3% – 5%	Banks, financial institutions, asset-heavy entities
Profit Before Tax (PBT)	5% – 10%	50% – 75%	3% – 5%	Profitable entities with stable earnings
Gross Profit	1% – 2%	50% – 75%	3% – 5%	Entities with volatile or near-zero PBT
Total Equity	1% – 5%	50% – 75%	3% – 5%	Investment / holding companies
Total Expenses	0.5% – 1%	50% – 75%	3% – 5%	NPOs, public sector, cost-focused entities
Gross Profit	1% – 2%	50% – 75%	3% – 5%	Entities with volatile or near-zero PBT

ⓘ Reference Figures (from Trial Balance) Total Assets: — Total Liabilities: — Profit Before Tax: —

Materiality Calculation

Select Benchmark :

Component	Benchmark / Basis (BDT)	% Applied	Amount (BDT)
Benchmark:	0	—	—
Overall Materiality (OM)	see benchmark	%	0
Performance Materiality (PM)	% of OM	%	0
Trivial / Clearly Inconsequential (CI)	% of OM	%	0

Rationale for Benchmark Selection

Conclusion

Prepared By :

Prepared Date :

Reviewed By :

Reviewed Date :

AUDIT TOOL | Planning Analytics

| ISA 315 — Analytical Procedures for Risk Assessment

Objective

To perform preliminary analytical procedures on key financial data in accordance with ISA 315 to identify unusual trends, fluctuations, and risk areas that may require audit focus.

Audit Procedures

No.	Procedure	Done By	W/P Ref.
1	Obtain and review the current year and prior year financial data from the trial balance.
2	Compute key liquidity, profitability, leverage, and efficiency ratios for CY and PY.
3	Compare CY ratios against PY and industry benchmarks; identify significant variances.
4	Prepare visual analytics (charts) to highlight trends in revenue, expenses, and margins.
5	Document observations and determine impact on planned audit approach and risk areas.

Year-on-Year Movement Analysis (Linked to Trial Balance)

Account Head	CY (BDT)	PY (BDT)	Change (BDT)	Change %	⚑	Comment
Enter trial balance data to populate this table.

Ratio Analysis — CY vs PY

Ratio	Formula	CY	PY	Benchmark
A. Liquidity
Current Ratio	CA / CL	—	—	≥ 1.5
Quick Ratio	(CA−Inv) / CL	—	—	≥ 1.0
B. Profitability
Gross Profit Margin	(Rev−COGS)/Rev	—	—	Industry
Net Profit Margin (PBT%)	PBT / Revenue	—	—	> 5%
Return on Assets (ROA)	PBT / Total Assets	—	—	> 5%
C. Leverage / Solvency
Debt-to-Equity	Total Liab / Equity	—	—	≤ 2.0
Debt-to-Assets	Total Liab / Total Assets	—	—	≤ 0.6
D. Efficiency
Asset Turnover	Revenue / Total Assets	—	—	> 1.0
E. Activity (Days)
Receivables Days	(Rec/Rev)×365	—	—	< 60 days
Inventory Days	(Inv/COGS)×365	—	—	< 90 days
Payables Days	(Pay/COGS)×365	—	—	> 30 days

Visual Analytics

Revenue vs Total Expenses (BDT)

Profitability Margins (%)

Balance Sheet Composition (BDT)

Key Observations

Conclusion

Prepared By :

Prepared Date :

Reviewed By :

Reviewed Date :

AUDIT TOOL | Final Analytical Review

| ISA 520 — Analytical Procedures at Completion Stage

Objective

To perform final analytical procedures on adjusted financial data in accordance with ISA 520 to corroborate conclusions formed during the audit and identify any previously unrecognised risks. Figures reflect the trial balance after all audit adjustments.

Audit Procedures

No.	Procedure	Done By	W/P Ref.
1	Obtain the final adjusted trial balance incorporating all proposed audit adjustments.
2	Enter net audit adjustment per account head in the Adjustment column below.
3	Compute and review ratios on adjusted figures; compare to planning analytics and PY.
4	Identify any unexpected relationships or unrecognised risks in the adjusted figures.
5	Document conclusion confirming final analytical review supports the overall audit opinion.

Adjusted Movement Analysis — Per TB + Audit Adjustments

Enter net audit adjustment per account head (+ = balance increases in its natural direction; − = decreases). Click Recalculate to refresh ratios and charts after all entries.

Account Head	PY (BDT)	CY per TB	Adjustment	CY Adjusted	Change (BDT)	Change %	⚑	Comment
Enter trial balance data to populate this table.

Ratio Analysis — Adjusted CY vs PY

Ratio	Formula	CY Adj	PY	Benchmark
A. Liquidity
Current Ratio	CA / CL	—	—	≥ 1.5
Quick Ratio	(CA−Inv) / CL	—	—	≥ 1.0
B. Profitability
Gross Profit Margin	(Rev−COGS)/Rev	—	—	Industry
Net Profit Margin (PBT%)	PBT / Revenue	—	—	> 5%
Return on Assets (ROA)	PBT / Total Assets	—	—	> 5%
C. Leverage / Solvency
Debt-to-Equity	Total Liab / Equity	—	—	≤ 2.0
Debt-to-Assets	Total Liab / Total Assets	—	—	≤ 0.6
D. Efficiency
Asset Turnover	Revenue / Total Assets	—	—	> 1.0
E. Activity (Days)
Receivables Days	(Rec/Rev)×365	—	—	< 60 days
Inventory Days	(Inv/COGS)×365	—	—	< 90 days
Payables Days	(Pay/COGS)×365	—	—	> 30 days

Visual Analytics (Adjusted)

Revenue vs Total Expenses — Adjusted (BDT)

Profitability Margins — Adjusted (%)

Balance Sheet Composition — Adjusted (BDT)

Key Observations

Conclusion

Prepared By :

Prepared Date :

Reviewed By :

Reviewed Date :

AUDIT TOOL | Final Materiality Assessment

| ISA 320 — Materiality at Completion Stage

Objective

To reassess the materiality thresholds established at the planning stage in light of the final adjusted figures obtained during the audit, in accordance with ISA 320. The benchmark and percentages are locked to planning; only the benchmark value is updated with adjusted figures.

Key Financial Figures — Planning vs Final (Adjusted)

Figure	Planning (Per TB)	Final (Adjusted)	Movement
Total Assets	—	—	—
Total Liabilities	—	—	—
Revenue / Turnover	—	—	—
Gross Profit	—	—	—
Profit Before Tax (PBT)	—	—	—
Total Equity	—	—	—

Materiality Comparison — Planning vs Final

Threshold	Basis	Planning (BDT)	Final (BDT)	Change (BDT)
Benchmark	—	—	—	—
Overall Materiality (OM)	—	—	—	—
Performance Materiality (PM)	—	—	—	—
Trivial / Clearly Insignificant (CI)	—	—	—	—

Rationale for Benchmark

Conclusion

Prepared By :

Prepared Date :

Reviewed By :

Reviewed Date :

AUDIT TOOL | Significant & Non-Significant Accounts

| ISA 315 — Identification of Significant Accounts

Objective

To classify each trial balance account head as significant or non-significant, as a basis for identifying and assessing risks of material misstatement in accordance with ISA 315 (Revised 2019). Classification is auto-derived from the account's balance relative to the Clearly Trivial threshold (CI, per WP-MAT) and from any significant year-on-year variance flagged in Planning Analytics, and may be overridden where audit judgment indicates otherwise.

Materiality basis (from WP-MAT): — | Trivial / Clearly Insignificant threshold (CI): —

Hide non-significant rows (screen only)

Account Head	CY Balance	% of CI	Basis	Significant?	Rationale

Prepared By :

Prepared Date :

Reviewed By :

Reviewed Date :

AUDIT TOOL | Other Risks

| ISA 240 / 570 / 550 — Risks Not Driven by Account Balance Size

Objective

To document consideration of risks that are not identified through the significant-accounts sizing exercise in WP-SIG, but which must be considered on every engagement in accordance with ISA 240 (fraud), ISA 570 (going concern), ISA 550 (related parties), and risks arising from significant accounting estimates.

A. Fraud Risk (ISA 240)

Risk	Assertion(s) Affected	Applicable
Revenue recognition presumption	Occurrence / Cut-off	Yes (mandatory)
Management override of controls	All assertions	Yes (mandatory)

Brainstorming / Rebuttal Notes:

B. Going Concern (ISA 570)

Indicator	Detail	Auto	Assessment

Conclusion:

C. Related Party Transactions (ISA 550)

Any related party transactions identified? :

D. Significant Accounting Estimates

Account Head	CY Balance	Basis of Estimate / Judgment Involved

Prepared By :

Prepared Date :

Reviewed By :

Reviewed Date :

AUDIT TOOL | Financial Statements Presentation

Summarized views based on IAS 1 and IFRS 18

Current Year Label:

Previous Year Label:

Statement of Financial Position (IAS 1)

ASSETS	2024	2023
Non-current Assets	0	0
Current Assets	0	0
Total Assets	0	0
EQUITY AND LIABILITIES
Equity (Including Retained Earnings)	0	0
Non-current Liabilities	0	0
Current Liabilities	0	0
Total Equity and Liabilities	0	0
Balance Check (Assets - Eq & Liab)	0	0

Statement of Profit or Loss (IAS 1 - By Function)

Description	2024	2023
Revenue	0	0
Cost of Sales	0	0
Gross Profit	0	0
Other Income	0	0
Operating Expenses (Admin, Selling, Dep)	0	0
Finance Costs	0	0
Profit Before Tax (PBT)	0	0
Income Tax Expense	0	0
Profit After Tax (PAT)	0	0
Other Comprehensive Income
OCI Items (Revaluation / Translation / Remeasurement)	0	0
Total Comprehensive Income	0	0

Statement of Profit or Loss (IFRS 18 - By Category)

Category	2024	2023
Operating Category
Revenue from Customer Contracts	0	0
Operating Expenses	0	0
Operating Profit	0	0
Investing Category
Income/Expenses from Investments	0	0
Profit before financing and income taxes	0	0
Financing Category
Financing Expenses (Interest)	0	0
Profit Before Tax	0	0
Income Tax Expense	0	0
Profit After Tax (PAT)	0	0
Other Comprehensive Income
OCI Items (Revaluation / Translation / Remeasurement)	0	0
Total Comprehensive Income	0	0

Prepared By :

Prepared Date :

Reviewed By :

Reviewed Date :

AUDIT TOOL | PIE Status Determination

| Public Interest Entity (PIE) Determination — Financial Reporting Act, 2015 §2(8)

Objective

To determine whether the audit client qualifies as a Public Interest Entity (PIE) under Section 2(8) of the Financial Reporting Act, 2015. PIE status affects audit requirements, including engagement quality control review, partner rotation, and reporting obligations. All criteria below are automatically assessed from the Setup tab and preceding year (PY) trial balance figures. To change any value, update the Setup tab.

Group A — Automatic PIE Criteria (any one met = PIE)

#	Criterion	Basis (Setup / PY Financials)	Status
A1	Banking company under the Banking Companies Act, 1991	—	—
A2	Company issuing securities / required to file with the Securities and Exchange Commission (SEC Act, 1993)	—	—
A3	Financial institution as defined under the Financial Institutions Act, 1993	—	—
A4	Microcredit institution as defined under the Microcredit Regulatory Authority Act, 2006	—	—
A5	Insurer as defined under the Insurance Act, 2010	—	—
A6	Annual turnover exceeds Tk. 50 Crore in the preceding financial year	—	—

Group B — Two-of-Three Size Criteria (any 2 of 3 met = PIE)

#	Criterion (assessed at end of preceding financial year)	Basis (Setup / PY Financials)	Met?
B1	Employs a minimum of 50 persons	—	—
B2	Total assets exceed Tk. 30 Crore	—	—
B3	Total liabilities exceed Tk. 10 Crore	—	—
Group B Result:		—	—

Group C — Other PIE Entities (any one met = PIE)

#	Criterion	Basis (Setup)	Status
C1	State-owned enterprise or commercial establishment	—	—
C2	Statutory body	—	—
C3	Non-governmental organisation (NGO) operating in the private sector	—	—
C4	Any similar company / institution or designated PIE by regulatory authority	Designated by regulator / other:	—

Determination Result

— Awaiting Assessment —

Conclusion

Prepared By :

Prepared Date :

Reviewed By :

Reviewed Date :

AUDIT TOOL | Audit Time Budget

| ISA 300 — Audit Time Planning & Budget

Staff Allocation

Staff 1 Name :

Staff 2 Name :

Staff 3 Name :

Staff 4 Name :

Time Budget Table (Hours)

WP Ref	Audit Area	Staff 1		Staff 2		Staff 3		Staff 4		Bgt Total	Act Total	Var
WP Ref	Audit Area	Bgt	Act	Bgt	Act	Bgt	Act	Bgt	Act	Bgt Total	Act Total	Var
WP-PIE	PIE Status Determination									0	0	0
WP-TB	Trial Balance & Mapping									0	0	0
WP-MAT	Planning Materiality									0	0	0
WP-ANA	Planning Analytics									0	0	0
WP-FS	Financial Statements Review									0	0	0
WP-DVC	DVC Pre-submission Check									0	0	0
	Risk Assessment									0	0	0
	Revenue & Receivables									0	0	0
	PPE & Depreciation									0	0	0
	Inventory									0	0	0
	Cash & Bank									0	0	0
	Payables & Accruals									0	0	0
	Tax & Provisions									0	0	0
	Completion & Review									0	0	0
	Partner Review									0	0	0
TOTAL										0	0	0

Budget Utilisation:

0% (0 / 0 hrs)

Prepared By :

Prepared Date :

Reviewed By :

Reviewed Date :

AUDIT TOOL | Audit File — Table of Contents

| Working Paper Register & Completion Status

Overall File Completion — / — WPs completed

0%

Status: Yes = Completed | A = Amendment Required | No = Pending | N/A = Not Applicable (excluded from %). Prepared/Reviewed auto-filled from Setup tab.

#	WP Ref	Document / Working Paper
1	WP-PIE	PIE Status Determination
2	WP-TB	Trial Balance & Account Mapping
3	WP-MAT	Planning Materiality
4	WP-ANA	Planning Analytics
5	WP-FS	Financial Statements
6	WP-DVC	DVC Pre-submission Check
7	WP-TIB	Audit Time Budget
8	WP-TOC	Table of Contents

K M Hasan & Co.

McMillan Woods International

K M Hasan & Co.

McMillan Woods International

K M Hasan & Co.

McMillan Woods International

K M Hasan & Co.

McMillan Woods International

K M Hasan & Co.

McMillan Woods International

K M Hasan & Co.

McMillan Woods International

K M Hasan & Co.

McMillan Woods International

K M Hasan & Co.

McMillan Woods International

K M Hasan & Co.

McMillan Woods International

K M Hasan & Co.

McMillan Woods International

K M Hasan & Co.

McMillan Woods International

K M Hasan & Co.

McMillan Woods International

K M Hasan & Co.

McMillan Woods International