Audit Program 4.0 - User Manual
9. Credit Usage
9.1 Credit Deduction
This subsection explains how credits are deducted in the AP4.0 system for various actions performed during the audit process. Credits are consumed at different stages, from adding client names to generating working papers, depending on the complexity of the audit engagement and the system features utilized.
Credit Deduction Rules
A. Total Credit Usage Per Audit Engagement:
From adding a client name to generating working papers, approximately 1.8 to 2.4 credits are deducted per audit engagement, on average.
B. Credit Usage in AML Sanction Screening:
For each AML Sanction Search Report generated, 0.01 credit is deducted, regardless of the number of names being searched.
C. Checking Credit Balance
To check the credits used, credits available and expiry of available credits:
- Go to the AP4.0 Wizard Home Screen.
- Click the “Check Credit Balance” button.
- A pop-up window will display:
– Credits Used: The total credits deducted for all actions performed.
– Credits Available: The remaining credits available for future use.