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      What information is missing from the American Funds workpapers?

      This article summarizes information that is missing from each of the American Funds workpapers in detail.

      • Contribution Allocation Testing:
        • The input report does not include percent elected for allocation, so this information is blank in the AuditMiner workpaper for American Funds.
      • Distribution Package  
        • The distribution input report does not include loan default and payee.    
      • Investment Disclosure Support 
        •  The input report doesn’t include current year shares, current year price, or current year cost.
      •  Loan Package
        • The Loan Package does not include loan number, unpaid accrued interest, and loan default. 
      •  Rollovers Package
        • The Rollover Package does not include rollover date, participant elected allocation percent or qualified institution as the information is not included in the input reports.