https://www.taxtmi.com/article/detailed?id=6627 The standard requires auditors to prepare contemporaneous audit documentation that provides a sufficient and appropriate record of the basis for the Cost Auditor's Report and evidence that the audit was planned and performed under applicable standards and legal requirements; documentation must record procedures performed, evidence obtained, conclusions reached, discussions with client personnel and outsiders, any departures from standards, and the persons and dates associated with performance and review, assembled into an audit file and retained in accordance with firm policy and overriding legal retention periods. en-us Tue, 12 Jan 2016 10:30:51 +0530 Tue, 12 Jan 2016 10:30:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6627 The standard requires auditors to prepare contemporaneous audit documentation that provides a sufficient and appropriate record of the basis for the Cost Auditor's Report and evidence that the audit was planned and performed under applicable standards and legal requirements; documentation must record procedures performed, evidence obtained, conclusions reached, discussions with client personnel and outsiders, any departures from standards, and the persons and dates associated with performance and review, assembled into an audit file and retained in accordance with firm policy and overriding legal retention periods. Articles Accounting - Auditing Tue, 12 Jan 2016 10:30:51 +0530 https://www.taxtmi.com/article/detailed?id=6627