Permanent file definition
/What is a Permanent File?
A permanent file is a set of records that serves as an ongoing reference for an organization's external auditors. The information in the file is intended to be accessed repeatedly in successive audits to assist the audit team in the conduct of their tasks. The file may contain the following documents:
Articles of incorporation
Bylaws
Director list
History of the client organization
Internal controls documentation
Organization chart
Prior year's audit report
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