About Foundation Forms

The first time you create an engagement, or if you delete all forms in an engagement and go to re-insert them, some of the forms are automatically selected or inserted. They also have a gray background in the Add KC Forms page. These forms are called foundation forms. They must be in your engagement to use other Knowledge Coach functionality and forms. Foundation forms include most of the Communication Hub forms, which are central to the Knowledge-Based Audit Methodology used by the Knowledge Coach titles. The following explanation is from RES-001 KBA Methodology Overview:

1. The Communication Hub is a collection of forms that are populated throughout the audit with key information about the entity, including the overall audit strategy, fraud risks and other risks of material misstatement, misstatements identified and other findings, information to be communicated to management, and other items. The Communication Hub helps members of the audit team to understand critical information about the entity and ensures that important information is not overlooked or hidden in the details of other forms.

Because of their importance to the audit process, most of the Communication Hub forms are also foundation forms.

The entire group of foundation forms drives the direction of your audit and guides you through determining the required areas for your audit. These forms are a required part of every Engagement Knowledge Coach engagement, because they allow information and logic to flow between forms.

Depending on the title, refer to the KCO-001 for a list of forms for the appropriate title.