Hot file review
A hot file review is a review of engagement work before the report is issued. Its specific scope and reviewer vary: it may be an ordinary supervisory review or an engagement quality review where one is required. The firm’s policies and applicable standards determine responsibilities and timing.
Worked example
Before signing, a reviewer challenges the evidence supporting a complex estimate and requests additional work.
Common mistake
Do not assume every pre-issuance review is an independent engagement quality review or replaces the engagement partner’s responsibilities.
Where it appears in your exams
| Qualification | Exam | Relationship | Period |
|---|---|---|---|
| ACCA | AAA (INT) | Supporting | September 2026–June 2027 |