Based on statutory, regulatory, and professional requirements, the firm has established policies and procedures to ensure the confidentiality, secure storage, integrity, accessibility, and retrievability of engagement documentation. These policies define the required level and extent of documentation for all engagements and general use, as outlined in the firm manual.
The firm’s policies require documentation that demonstrates the effective operation of each element of the firm’s quality control system. This ensures that monitoring procedures can be conducted to evaluate compliance with the firm's policies, or for a longer duration if required by law or regulation.
The firm’s policies require documentation to contain records that constitute sufficient and appropriate evidence of:
See Confidentiality.
| Subject | Retention Period |
|---|---|
| System of quality management documents | 5 years |
| Engagement File | 10 years |
The format of retention is not restricted.
Dispose of records securely when the retention period expires.
Documentation of work is required. Documentation of the firm’s policies and procedures is required. We provide templates and standard formats for certain types of documentation as part of our quality control system, but the engagement team is always allowed to modify the provided templates or replace them with other suitable for of documentation as long as it is deemed appropriate by the team.
Audit engagement documentation shall include at least: