Getting started | probe-mmx

Getting Started with Probe MMX

Updating your firm template

Install the latest version of the template from your installation CD.
Install the latest patch if applicable.
Use CaseWare’s File > Copy Components to copy all Probe documents from the template into your firm template.
Open Probe Firm Settings and make the appropriate selections according to your firm’s policies.

NOTE: If you have made significant changes inside each document, i.e. not only to the document manager, you will lose those changes. Users who have made significant changes that they can’t lose should not follow these instructions to install the patch but rather install the next full version when it becomes available.

The Probe Compilation Process

Probe MMX uses the latest CaseWare and Template Technology, creating a way to conduct Compilations based on the latest International Standards on Related Services (ISRS 4410), Engagements to Compile Financial Statements. Probe MMX is much more than a content template; it is an intelligent template with a specific review approach to provide the best results.

Probe MMX Compilation complies with the International Standards on Related Services (ISRS 4410),

Engagements to Compile Financial Statements.

Please take note of the changes in the release documentation. This document now includes all information related to the release and is therefore essential reading for staff installing the template.

The Probe MMX Audit Process

Probe MMX uses the latest CaseWare and Template Technology, creating a new way to conduct audits based on the latest International Standards on Auditing (Clarity Standards). Probe MMX is much more than a content template; it is an intelligent template with a specific audit approach to provide the best results.

Probe MMX has been designed to be more intuitive, ensuring compliance and greater efficiency for auditors. Users have more flexibility to change the strategy throughout the engagement.

Please take note of the changes in the release documentation. This document now includes all information related to the release and is therefore essential reading for staff installing the template.

The Probe MMX Review Process

Probe MMX uses the latest CaseWare and Template Technology, creating a way to conduct Independent Reviews based on the latest International Standards on Review Engagements (ISRE 2400). Probe MMX is much more than a content template; it is an intelligent template with a specific review approach to provide the best results.

Probe MMX Review complies with the International Standards on Review Engagements (ISRE 2400).

Please take note of the changes in the release documentation. This document now includes all information related to the release and is therefore essential reading for staff installing the template.

Attorneys Trust Accounts

Probe Attorneys uses the latest CaseWare and Template Technology, creating a way to conduct reasonable assurance engagements on attorneys trust accounts.

This template includes requirements from:

The IRBA's guide titled: "Engagements on Attorneys Trust Accounts"
ISAE 3000 Assurance Engagements Other Than Audits or Reviews of Historical Financial Information.
The law societies of the Northern Provinces, KwaZulu-Natal Law Society, Law Society of the Free State and Cape Law Society.
Attorneys Act, No 53 of 1979.
Financial Intelligence Centre Act.

The main purpose of an engagement on attorneys trust accounts is for the auditor to express a reasonable assurance opinion on whether, for the relevant financial period, the attorney’s trust accounts were maintained in compliance with the Attorneys Act, No 53 of 1979 and the Law Societies' Rules.

The secondary purpose is for the auditor to agree the information extracted from the accounting records and included in the attached Attorney’s Annual Statement on Trust Accounts to the underlying records and report as required.

Please take note of the changes in the release documentation. This document now includes all information related to the release and is therefore essential reading for staff installing the template.