ASA 230 - Audit Documentation - April 2006
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Definitions
8 In this Auditing Standard the following terms have the meanings attributed below:
(a) “Audit documentation” means the record of audit procedures performed,[2] relevant audit evidence obtained, and conclusions the auditor reached (terms such as “working papers” or “workpapers” are also sometimes used).
(b) “Experienced auditor” means an individual (whether internal or external to the firm) who has a reasonable understanding of:
(i) audit processes;
(ii) Auditing Standards and applicable legal and regulatory requirements;
(iii) the business environment in which the entity operates; and
(iv) auditing and financial reporting issues relevant to the entity’s industry.