V.G. Audit Testing, Generally. Did the workpapers include evidence that the CPA determined that costs contained in the indirect cost rate schedule were supported by the underlying books and records, as summarized by financial statements, balances, tax returns (IRS Form 941s), and related schedules? WORKPAPER REFERENCE: [x] Yes [x] No [x] Immaterial x] Not applicable [xxxxxxxxxx] Did the workpapers document the identification of (LDS) transactions that were removed/stratified large-dollar or sensitive for complete examination, including verification (vouching) to source documents? (See AASHTO Guide Chapter 10.) WORKPAPER REFERENCE: [x] Yes [x] No [x] Immaterial x] Not applicable [xxxxxxxxxx] If the CPA performed additional testing beyond the LDS items, did the CPA’s workpapers document the sampling parameters used, including the rationale and criteria used to select the items tested? (See AASHTO Guide Chapter 10.) WORKPAPER REFERENCE: [x] Yes [x] No [x] Not applicable [x] Immaterial [xxxxxxxxxx] Comments:
V.G. Audit Testing, Generally. Did the workpapers include evidence that the CPA determined that costs contained in the indirect cost rate schedule were supported by the underlying books and records, as summarized by financial statements, balances, tax returns (IRS Form 941s), and related schedules? [x] Yes [x] No [x] Immaterial x] Not applicable WORKPAPER REFERENCE: [xxxxxxxxxx] Did the workpapers document the identification of large-dollar or sensitive (LDS) transactions that were removed/stratified for complete examination, including verification (vouching) to source documents? (See AASHTO Guide Chapter 10.) [x] Yes [x] No [x] Immaterial x] Not applicable WORKPAPER REFERENCE: [xxxxxxxxxx] If the CPA performed additional testing beyond the LDS items, did the CPA’s workpapers document the sampling parameters used, including the rationale and criteria used to select the items tested? (See AASHTO Guide Chapter 10.) [x] Yes [x] No [x] Not applicable [x] Immaterial WORKPAPER REFERENCE: [xxxxxxxxxx] Comments:
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