Disclosure compliance — 120 IFRS items, ticked
IFRS mandates ~120 individual disclosures across IAS / IFRS standards. Each must be either disclosed (in the FS or notes), N/A (with reason), or flagged as missing. AuditPro tracks every one and gives the partner a single readiness dashboard.
The library — 120+ disclosure items
Auto-seeded per engagement based on profile (standard / listed / SME / consolidated):
| Standard | Items | Examples |
|---|---|---|
| IAS 1 | 22 | Compliance statement, going concern, presentation, comparatives |
| IAS 2 | 5 | Cost formula, write-down policy, NRV |
| IAS 7 | 4 | SCF method, components of cash equivalents |
| IAS 12 | 10 | Tax expense components, deferred tax recognition, unused tax losses |
| IAS 16 | 11 | Measurement basis, useful lives, depreciation method, restrictions |
| IAS 19 | 6 | EOSB description, key assumptions, sensitivity |
| IAS 21 | 4 | Functional currency, presentation currency, FX gain/loss |
| IAS 24 | 9 | Parent, ultimate parent, key management compensation, transactions, balances |
| IAS 33 | 5 | Basic + diluted EPS reconciliation (listed only) |
| IAS 36 | 7 | Impairment indicators, recoverable amount, CGU |
| IAS 37 | 8 | Provision movement, contingent liabilities, contingent assets |
| IAS 10 | 3 | Adjusting events, non-adjusting events, dividends declared |
| IFRS 7 | 15 | Categories, credit risk, liquidity, market risk, capital management |
| IFRS 9 | 9 | Classification, ECL model, hedge accounting |
| IFRS 15 | 8 | Disaggregation, contract balances, performance obligations |
| IFRS 16 | 7 | ROU asset, lease liability, undiscounted future cash flows |
| Oman CCL | 3 | Legal-reserve transfer, dividend policy, share-capital structure |
| Oman CMA | 3 | Listed-entity disclosures (only when applicable) |
The dashboard
Step-by-step
Open Disclosure Compliance
From the job → Workpapers → Disclosure (or via the workpaper hub button). Items are grouped by standard. Filter by standard, status, severity.
Walk each item
For each, click → mark Yes (disclosed) + point to the FS note where it appears + (optionally) link the workpaper. Or mark N/A with a written reason. Or leave as Pending if still working on it.
Bulk actions
For items that don't apply (e.g. all hedge-accounting disclosures for a non-hedger), select all → bulk mark N/A with a single reason.
Close out outstanding items
Filter status = "outstanding". These are the gating items — every one must be either Yes or N/A before audit completion. The completion summary blocks sign-off until this is zero.
Print the checklist
Export the full disclosure checklist as PDF — becomes part of the retained audit-evidence file. ISA 230 requires you can show what was checked.
Form fields per item
Drives the dashboard counters + completion gate.
Pointer to the actual disclosure (e.g. "Note 14 paragraph 2"). Becomes the cross-reference.
Hard link to the note. Bidirectional — note shows linked disclosures.
Where the underlying audit work was done.
Reasoning for N/A or notes for the reviewer.
Mandatory items must close. Encouraged items show as warnings only.
Open Disclosure Compliance on a fully-mapped engagement. Filter by IAS 24 (Related parties) — these are the highest-risk items. Walk each one: parent disclosed? key management comp? transactions? balances? Tick each, link to Note 20.
Don't mark items as N/A just to clear the dashboard. If IAS 36 impairment isn't applicable because no indicators exist, the reason should be "no impairment indicators identified" — not "we didn't have time to check". Inspections look at the reasons.
Every disclosure → FS note → workpaper. The triangle is your audit-evidence trail. When a peer reviewer or regulator opens the file, they should be able to click from any disclosure to the workpaper that supports it in 2 clicks.
What's next
120 disclosures ticked, with a clean dashboard. Statements + notes ready. Now the 5-stage workpaper sign-off chain locks the audit-evidence file. Phase 10 covers the sign-off workflow.