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Analysis · Local File · 4 min
From Local File to review record
Why the conclusion, its sources, assumptions and reviewer decisions should remain connected after filing.
01
A document is a snapshot
The Local File records a position for a period. The work behind that position often sits across emails, interview notes, spreadsheets and reviewer comments. When those links are lost, the next cycle starts with reconstruction.
02
A review record is reusable
- It separates facts from assumptions and professional judgments.
- It connects each material conclusion to relevant evidence.
- It records alternatives considered and the reviewer decision.
- It preserves open items for the next reporting cycle.
03
Practical effect
The aim is not more documentation. It is a smaller, controlled record that allows a professional to inspect how the position was reached.