Current audit file
A current audit file contains documentation principally relevant to the period being audited, such as current-year risk assessments, testing and conclusions. It forms part of the audit documentation retained under applicable requirements.
Worked example
The team stores the current year’s inventory attendance notes and confirmation results in the engagement file.
Common mistake
A current file is not a substitute for evidence of review or the retention of material relevant to later periods.
Where it appears in your exams
| Qualification | Exam | Relationship | Period |
|---|---|---|---|
| ACCA | AA | Direct | September 2026–June 2027 |