CW advanced

Agenda
 Introduction
 Rolling Forward
 CaseWare Templates
 Troubleshooting Tips
2

What’s in It For Me?
 Learn how to roll forward a
CaseWare file to re-use
the existing mapping
Knowledge in future years.
 Create CaseWare
templates to use with
clients and audits of
similar nature.
 Learn some tips and tricks
to address common issues
reported in CaseWare.
3
© [year] [legal member firm name], a [jurisdiction] [legal structure] and a member firm of the KPMG network of
independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All
rights reserved. Printed in [country in which the publication has been printed].

Agenda
 Introduction
 Rolling Forward
 CaseWare Templates
 Troubleshooting Tips

Roll Forward Exercise
10
Individual Exercise
1. Open existing file (PM_01_United Carbonations.ac).
2. Go to ‘Trial Balance.’ Notice account balances are in the column named
‘Final 12/31/2013’.
3. Select ‘Year End Close’ from the ‘Engagement’ menu. Select location:
Desktop/CaseWare exercise.
4. Name: ‘United Carbonations 20X4’. Keep all other settings unchanged
and click ‘OK’.
15 minutes

Roll Forward Exercise (cont.)
11
Individual Exercise
5. Navigate to ‘Trial Balance.’ Notice that there is now a 31/12/2014 column
with zero balances. Navigate to ‘Assign mapping Numbers’ to see that
the mapping rolled forward.
6. Import PM_02_United Carbonations 20X4.
- Label the column with the balances ‘current year – opening balance’.
- Refer to QRC_Creating a CaseWare File for reference.
7. Notice that the 2014 column is now filled in with the 20X4 account
balances. Navigate to ‘Assign mapping Numbers’ to view mapping.
15 minutes

Are There Any Questions?
15

CaseWare Template Exercise
26
Individual Exercise
1. Click ‘Copy Template’ in ‘File’ menu.
2. Navigate to the ‘United Carbonations 20X3’ file from the last exercise
under the ‘Copy From’ section.
3. Choose where to save the new template and name the template file
under the ‘Copy To’ section.
4. Tick ‘Accounts Balances’ under ‘Clear’. Click ‘OK’.
5. Input the client’s name ‘Fizland’ ; click ‘OK’ in ‘Engagement Properties’.
6. Navigate to ‘Trial Balance’ and notice there are now zero balances.
Navigate to ‘Assign mapping numbers’ to see that the mapping still exists.
15 minutes

CaseWare Template Exercise
27
Individual Exercise
6. Close the current CaseWare file, re-open CaseWare, and select ‘Create
a new file’. Name the file ‘Fizland 20X3’ and browse to where you want
to save it.
7. Right-click on the white space in the ‘Base New File On’ box, select
‘Add Template’ and navigate to your ‘Refreshment Group Template’.
8. Click on the new icon that named ‘Refreshment Group Template’.
9. Confirm ‘Yearly’ under the Reporting Dates tab and fill in the client name
‘Fizland’ under the Name/Address Tab.
15 minutes

Debrief
 Additional accounts not present in the template file need to
be mapped.
 Templates save you time as you do not need to map all the
accounts for each component in a group.
 The chart of accounts for an operating entity may be more
efficient to map than the parent company’s trial balance.
 The component trial balance with the most accounts, is
more efficient to map when creating up the template file.
28

Repair File
30

CaseWare Does Not Balance
31
My CaseWare file does not balance.

What To Ask
32
Does the Excel trial balance
balance?
Check if original trial balance from
client balanced and/or re-sanitize
Yes
No
Determine that no accounts have
been imported more than once

What To Look For
33

Multiple Accounts With the Same
Account Number
34
My client’s Trial Balance has multiple accounts
with the same account number.

What Does This Look Like?
35

How To Solve This Issue?
36

Aggregate Accounts Not Showing in
eAudIT
37
Not all the aggregated accounts from CaseWare
appear in eAudIT.

What To Ask?
38
What is the balance of the
aggregated account that is not
imported into eAudIT?
Increase the balance of the
account by $1 and reimport.
Not equal to zero
Zero
Reimport the CaseWare file into
eAudIT determining that all
steps are followed.

Unwanted Accounts in eAudIT
39
I’ve changed the aggregation and now there is
an unwanted account in eAudIT.

What Does This Look Like?
40

Re-Importing Using CaseWare
41
What changes could there be?

Potential Changes to Client’s Trial Balance
42
 Accounts that no longer have a balance.
 New Accounts that have been added to the trial balance.
 Accounts that have been deleted from the trial balance.
 Mapping new accounts that have been imported into
eAudIT

Additional CaseWare Guidance
43

Thank you
© [year] [legal member firm name], a [jurisdiction] [legal
structure] and a member firm of the KPMG network of
independent member firms affiliated with KPMG International
Cooperative ("KPMG International"), a Swiss entity. All rights
reserved.
The KPMG name, logo and "cutting through complexity" are
registered trademarks or trademarks of KPMG International
Cooperative ("KPMG International").

CW advanced

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