ESOP appraisal report documentation tool

The nonauthoritative tool “Documentation of the evaluation of an appraisal used as audit evidence in an employee stock ownership plan financial statement audit” has been created to assist auditors in documenting procedures and findings, ensuring compliance with AU-C section 230, Audit Documentation (AICPA, Professional Standards). Auditing an employee stock ownership plan (ESOP) is complex due to the unique nature of these plans and requires meticulous attention to detail and adherence to established auditing standards. The ESOP appraisal report documentation