kpmg Table of Contents – Very Small Entities

02/06

Client Period-end
B&S Construções, Lda. 31 – 12 – 2007
Prepared by Date W/P reference
AK.K 08 de Maio de 2008

The core VSE Global workpapers of the Planning and Completion Document, The Audit
Program and Audit Checklist are the required documentation to be placed on file. Certain
additional documents for which the core documents suffice as an alternative may be required
if a specific risk is identified. For example the Audit Program for Specific Topics, Specific
Topics – Fraud and that of the Financial Reporting Audit Program core procedures are
covered in the Audit Checklist, however should a specific risk such as a known material fraud
exist then one would fulfill the requirements of the Audit Program Specific Topics – Fraud
(SE). Guidance where this is appropriate is included in the VSE Audit Checklist

A Communication and Reporting

A1 Audit opinion

A2 Issued financial statements for the current period

A3 Other information accompanying the financial statements

A4 Entity reporting package (s)

A5 Communications and reporting to those charged with governance

A5/1 Communications

A5/2 Independence communications

A5/3 Engagement letter (s)

A6 Communication and reporting to management

A6/1 Communications

A6/2 Internal control deficiencies (eg. Management letter)

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B Completion
B1 Audit Conclusions

B1/1 Audit Checklist (Including related Specific Topics and FRAP requirements)

B1/2 Other reviews (eg. US-SEC, IFRS)

B2 Management Representation Letter (s)

B3 Completion Document (Included in C1 – Planning and Completion Document for VSE

Engagements)

B4 Summary of Audit Differences

B4/1 Summary of Uncorrected Audit Differences

B4/2 Summary of Corrected Audit Differences

B4/3 Summary of Omissions and Other Errors in Presentation and Disclosure

B5 Final Analytics

B6 Interoffice Reports (received from participating locations)

B7 Board minutes (incl audit committee and other minutes, if applicable)

B7/1 Summary

B7/2 Minute Representation Letter (s)

C Planning
C1 Planning and Completion Document

C2 Client Evaluation, Acceptance, Continuance documents

C3 Planning Analytics

C4 Budget and Staffing

C5 Internal Audit and Others under the direction of Management

C6 External Experts

C7 Service Organisations

C8 Prepared by Client list (s)

C9 Interoffice Instruction (s)

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D Entity Level Controls Program

(Included in C1 - Planning and Completion Document for VSE engagements)
D1 Entity Level Controls Program

D2 IT – General Controls Program

E Specific Topic Audit Programs

(Included in B1/1 – Audit Checklist for VSE engagements)
E1 Audit Program for Specific Topics - Fraud

E2 Audit Program for Specific Topics

E3 Other Specific Topic Programs

F Financial Reporting Audit Program

F1 Financial Reporting Audit Program (Included in B1/1 – Audit Checklist for VSE engagements)

F2 Final General Ledger / Trial Balance

F3 Referenced Financial Statements / Reporting Package (s)

F4 Disclosable Items

F4/1 Cash Flow Statement (if applicable)

F4/2 Stockholders Equity Statement (if applicable)

F4/3 Earnings per Share (if applicable)

F4/4 Other

F5 Disclosure Checklist

Audit Program (Generally a single audit program is utilized for all significant
accounts however if desirable individual audit programs may be used as per the Global
File Structure)