Fixed Asset Subledger Standard | Audit Data Standards

One of the challenges that management and auditors face is obtaining accurate data in a usable format following a repeatable process. As a result, the Assurance Services Executive Committee's Audit Data Standards Working Group has developed voluntary, uniform audit data standards that identify the key information needed for audits and provide a common framework covering: (1) data file definitions and technical specifications, (2) data field definitions and technical specifications, and (3) supplemental questions and data validation routines to help auditors