Study

CCH Engagement

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  • What is the format that should be used for workpapers in CCH?
    FOLDER NUMBER.3 digit WP monitor
  • What do AJE and RJE stand for?
  • What folder are documents that the client gave us saved into?
    PBC folder
  • What are KC forms?
  • What should you do after leaving an workpaper open (when it needs some more work/info)
    Leave a not explanaing why its open
  • What does CCH stand for?
    Commerce Clearing House
  • What are the two boxes you checked when creating the engagement to import all the audit programs?
    Pro and Knowledge-Coach
  • What is workpaper monitor?
    A program used for microsoft office workpapers to connect to CCH information
  • What should you do if a reviewer leaves a comment on a workpaper you prepared?
  • What is a trial balance?
  • Which is a correct CCH Classification? a. Revenue b. Other Expenses c. Retained Earnings d. Cost of Goods Sold
  • What is the excel tab that we use to link in CCH information called?
    Access Engagement
  • What should be linked in each workpaper when possible?
    Client name (not as necessary), date, and acct balances
  • In caseware we used "Mappings" to organize accounts, what do we use in CCH?
    Groups and subgroups
  • What files should be included in the cash folder?
  • What should you always do after updating the audit program steps in a "KC" folder?
    Hit Submit all KC changes
  • For specific areas of the audit, what type of file can you view to see the accounts related to that section?
    The leadsheet
  • Fill in the blank properly for rounding: =ROUND(A1,___)
    0
  • When should you sign off on a workpaper as a preparer?