The key difference between a procedure and a checklist in Cimplico Workpapers lies in their scope and application.
Procedures
Procedures apply at the workpaper level, covering broader tasks not tied to specific accounts.
Examples of procedures include:
Ensuring an engagement agreement is in place
Creating a management letter
Checklists
Checklists apply at the worksheet level, specific to a worksheet's tag (currently managed through report codes)
Examples of checklists include:
Checking accounts receivable for bad debts (in this case, when the worksheet tag is ASS.CUR.REC.TRA)
Ensuring GST accounts have a GST reconciliation (in this case, when the worksheet tag is LIA.CUR.TAX.GST)
Finalising Workpapers
Workpapers cannot be finalised until all procedures and checklists are:
Ticked off as completed, or
Marked as non-applicable (N/A), with an optional note explaining why the item is N/A.
💡Tip: Use both procedures and checklists effectively to ensure all tasks—broad and account-specific—are thoroughly addressed before finalising workpapers.