Summary

Account scoping allows you to classify accounts based on materiality, reducing the potential to over audit. Scoped accounts may be tagged as:

• Significant: The account is material and may be worthy of further investigation.
• Insignificant: The account is immaterial and may not require further investigation.
• Unscoped: The accounts have not yet been scoped as material or not.

Learn how to scope your accounts below.

Access account scoping

1. On the Data page of your engagement, find the analysis in which you want to scope accounts and select View Analysis.
   You will go to your organization's analysis results landing page.
2. Go to the Financial Statements tab (if you are not already there).
3. Open the Actions menu on the right side of the screen.
4. Select Scope accounts.*
   You will go to the first step in the account scoping workflow. 

Scope accounts

Automatic scoping

1. On the Scope accounts step, select Automate scoping.
   Your accounts will be scoped as described above based on materiality.
2. Select Next to proceed.
   You will go to the Summary step. 
3. When you are satisfied, Save your work and go back to the Financial Statements tab.

Select Cancel any time to discard your changes and go back to the Financial statements tab.

Manual scoping

You can manually scope one or more accounts at a time.

1. Go to the Scoping decision column and open the menus in line with the individual accounts you want to scope, or, use the checkboxes to select the accounts you want to scope (use the first checkbox to select all).
2. For the checkbox method, open the Actions menu that appears to find the scoping decision options.
3. Select whether the accounts are:
   
   • Significant
   • Insignificant
   • Unscoped
4. When you are satisfied, select Next to proceed.
   You will go to the Summary step on the Scope accounts page. 
5. When you are satisfied, Save your work and go back to the Financial Statements tab.

Select Cancel any time to discard your changes and go back to the Financial statements tab.

Edit scoping

Scoping decisions can be revisited at any time.

1. Follow the process for manual scoping (above) to change the scope of an account, then select Next.
   You will go to the Summary step on the Scope accounts page. 
   Updated accounts appear in blue and a new column lets you know what the scoping decision was Changed from.
2. When you are satisfied, Save your work and go back to the Financial Statements tab, or, go Back to make further adjustments.

Select Cancel any time to discard your changes and go back to the Financial statements tab.

Filter for scoped accounts

Risk Overview

1. Go to the Risk Overview tab.
2. Open the Account scoping filter menu.
3. Select the accounts you want to find: Significant accounts, Insignificant accounts, or Unscoped accounts.
   Your selection will be reflected below.

Learn more about the Risk Overview dashboard.

Data Table

1. Go to the Data Table tab.
2. Open the Filter builder.
3. Select Add a condition to open the menu of possible conditions.
4. Select Account scoping. 
5. Open the menu and select whether you want to filter for Significant accounts, Insignificant accounts, or Unscoped accounts.
6. Apply your selection to the filter builder.
7. Apply your filter to the data table.

Learn more about the Data table dashboard.

Audit Assertion Risk

Once the accounts have been scoped, the Account risk by assertion table on this dashboard will only display scores for accounts that have been scoped as significant.

Learn more about the Audit assertion risk dashboard.

Anything else on your mind? Chat with us or submit a request for further assistance.