Start by creating a comprehensive list of tick marks and their meanings
This will serve as your organization’s audit tick marks legend
It will ensure consistency throughout the audit team
Consider using a combination of symbols, colors, and abbreviations to make them easily identifiable and understandable
Examples of auditing activities for which tick marks may be used include: The numbers in the column were manually added and matched to the total shown (footed) The totals in the report were manually added and matched to the grand total shown (cross footed) Audit tick marks are not standardized across the industry
Here are a few to keep in mind: Inconsistency in tick mark usage can lead to confusion and misunderstandings
Ensure that all team members adhere to the established tick mark legend and use the tick marks consistently throughout the audit process
When reviewing audit working papers, take the time to review and understand the tick marks used
