The Audit Test of Details is a fundamental audit documentation requirement under Malaysian audit standards and International Standards on Auditing (ISA). This document is utilized when performing substantive testing procedures to obtain audit evidence about the accuracy and validity of financial statement assertions. The Audit Test of Details is particularly crucial in the Malaysian context where companies must comply with the Companies Act 2016 and Malaysian Financial Reporting Standards. It is implemented when the auditor needs to verify specific account balances, transactions, or disclosures through detailed examination of supporting documentation, external confirmations, or other substantive procedures. The document must demonstrate compliance with Malaysian Institute of Accountants' guidelines and professional standards while providing clear evidence of the audit procedures performed, results obtained, and conclusions reached.
Create a bespoke document in minutes, or upload and review your own.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership聽of your information
Key Requirements PROMPT example:
Audit Test Of Details
"I need an Audit Test of Details document for testing the inventory valuation of our manufacturing plant in Penang, Malaysia, to be conducted in March 2025, with special consideration for high-value electronic components and compliance with Malaysian Financial Reporting Standards."
1. Audit Area Identification: Specifies the account, transaction class, or disclosure being tested
2. Test Objectives: Clear statement of what the test aims to verify (completeness, accuracy, existence, etc.)
3. Population Details: Description of the total population from which samples are drawn, including time period and total value
4. Risk Assessment: Identification of specific risks related to the area being tested
5. Sampling Methodology: Description of sampling approach, sample size determination, and selection method
6. Testing Procedures: Detailed step-by-step procedures performed for each selected item
7. Results Summary: Summary of findings, including any exceptions or deviations noted
8. Conclusion: Overall conclusion on the effectiveness of controls and accuracy of the tested area
1. Control Testing Integration: Include when test of details is performed in conjunction with tests of controls
2. Expert Involvement: Required when specialist expertise was needed in performing the test
3. Management Representations: Include when specific representations from management were obtained regarding the tested items
4. Follow-up Procedures: Required when exceptions are identified and additional testing is performed
5. System-generated Reports Analysis: Include when testing relies on system-generated reports or data
6. Third-party Confirmations: Required when external confirmations are part of the testing strategy
1. Sample Selection Schedule: Detailed listing of selected items including selection criteria and method
2. Test Results Matrix: Detailed documentation of testing performed on each selected item
3. Exception Schedule: Detailed listing of all exceptions noted during testing
4. Supporting Documentation Index: Index of all supporting documents referenced in the testing
5. Statistical Analysis: Statistical calculations and projections where applicable
6. Cross-reference Schedule: Links to related audit work papers and supporting documentation
Authors
Relevant legal definitions
Clauses
Relevant Industries
Financial Services
Manufacturing
Retail
Technology
Healthcare
Construction
Energy
Telecommunications
Education
Real Estate
Mining
Agriculture
Transportation
Hospitality
Professional Services
Relevant Teams
External Audit
Internal Audit
Finance
Compliance
Risk Management
Quality Assurance
Technical Advisory
Financial Reporting
Corporate Governance
Relevant Roles
Audit Partner
Audit Manager
Senior Auditor
Staff Auditor
Quality Assurance Reviewer
Audit Methodology Specialist
Technical Director
Risk Assurance Manager
Compliance Officer
Financial Controller
Internal Audit Manager
External Audit Consultant
Audit Committee Chair
Chief Financial Officer
Find the exact document you need
Third Party Confirmation Audit
Malaysian law-governed agreement for conducting third-party confirmation audits, establishing audit scope and compliance requirements.
find out more
Vouching And Tracing Audit
A Malaysian law-governed agreement for conducting detailed vouching and tracing audit services, outlining audit procedures, responsibilities, and deliverables.
find out more
Planning Analytics Audit
A Malaysian law-governed agreement for conducting Planning Analytics Audit services, including scope, methodology, and compliance requirements.
find out more
Audit Cash Confirmation
A Malaysian-compliant audit document used to obtain independent confirmation of cash balances and banking arrangements from financial institutions during external audits.
find out more
Surprise Cash Count Audit Report
A Malaysian compliance document recording the results of an unannounced cash count audit, verifying physical cash against recorded balances in accordance with local financial regulations.
find out more
Internal Audit Test Plan
A Malaysian law-compliant internal audit testing framework document that outlines comprehensive audit procedures and control evaluation methodologies.
find out more
Internal Audit Test Of Controls
A Malaysian-compliant framework for internal audit control testing that aligns with local regulations and international standards.
find out more
Internal Audit Test
A Malaysian-compliant internal audit testing framework for systematic evaluation of internal controls and risk management processes.
find out more
Financial Analytical Review
A Malaysian law-governed financial analytical review document providing comprehensive analysis of organizational financial health and regulatory compliance.
find out more
Final Analytical Review
A comprehensive analytical review document prepared under Malaysian accounting standards that evaluates a company's financial position and performance through detailed financial analysis and professional judgment.
find out more
Factual Findings Audit Report
A Malaysian-compliant audit report providing specific factual findings based on agreed-upon procedures without expressing opinions or conclusions.
find out more
Checking Vouching And Audit Report
A formal audit report prepared under Malaysian law documenting the results of checking and vouching procedures performed on financial records and supporting documents.
find out more
Audit Test Plan
A strategic planning document for audit engagements in Malaysia, outlining testing procedures and methodologies in compliance with Malaysian regulatory requirements.
find out more
Audit Test Of Details
A Malaysian-compliant audit working paper documenting detailed substantive testing procedures and results for specific financial statement components.
find out more
Audit Program For Inventories
A structured audit program for conducting inventory audits in Malaysia, aligned with local regulations and international auditing standards.
find out more
Audit Of Petty Cash
A Malaysian-compliant audit document for evaluating petty cash management procedures and controls, aligned with local financial regulations and international auditing standards.
find out more
Audit Of Inventory And Warehousing Cycle
A Malaysian law-governed agreement for professional audit services focusing on inventory and warehousing operations, ensuring compliance with local accounting and auditing standards.
find out more
Audit Of Cash And Bank Balances
A Malaysian-compliant audit program for examining cash and bank balances, aligned with local regulations and international auditing standards.
find out more
Audit Assertions For Payroll
A formal document containing assertions validating payroll compliance with Malaysian employment and tax regulations, supporting internal control and audit requirements.
find out more
Audit Assertions For Cash
A comprehensive guide for cash audit assertions and procedures under Malaysian jurisdiction, aligned with MFRS and ISA standards.
find out more
Analytical Test Audit
Malaysian law-governed agreement for conducting analytical test audits, ensuring compliance with national and international laboratory standards.
find out more
Cash Count Audit Report
A Malaysian regulatory-compliant document that records and verifies physical cash counts, reconciliation, and control measures in accordance with local financial standards.
find out more
Download our whitepaper on the future of AI in Legal
By providing your email address you are consenting to our Privacy Notice.
骋别苍颈别鈥檚 Security Promise
Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; 骋别苍颈别鈥檚 AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a 拢1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our for more details and real-time security updates.
Read our Privacy Policy.