What is working paper in SAP GRC-AUD - SAP Audit Management?

SAP Term: working paper

• Component: GRC-AUD

• Component Name: SAP Audit Management

• Description: Documentation prepared by the auditor to provide a clear understanding of the work performed, the audit evidence obtained and its source, and the conclusions reached.

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• Key Concepts: 
  A working paper is a document used by auditors to record evidence and observations during an audit. It is used to document the audit process, including the audit objectives, scope, procedures, findings, and conclusions. Working papers are also used to support the auditor's opinion on the financial statements. In SAP Audit Management, working papers are used to store evidence and observations related to the audit process. 
  
  How to use it: 
  In SAP Audit Management, working papers are created in the Working Papers tab of the Audit Plan. The working paper can be assigned to an auditor or a team of auditors. The auditor can then add evidence and observations to the working paper. The evidence can be documents, emails, or other types of files. The observations can be notes or comments about the evidence. 
  
  Tips & Tricks: 
  When creating a working paper in SAP Audit Management, it is important to ensure that all relevant information is included. This includes the audit objectives, scope, procedures, findings, and conclusions. It is also important to ensure that all evidence and observations are documented accurately and completely. 
  
  Related Information: 
  For more information on working papers in SAP Audit Management, please refer to the SAP Help documentation at https://help.sap.com/viewer/product/SAP_AUDIT_MANAGEMENT/latest/en-US