How can I develop an audit plan?

The development of a successful audit plan requires planning, priority setting, some field work and one or more subsequent meetings. Before starting any audit plan, you will determine the audit universe, the type, area and number of entities to be audited, as well as specific processes to be used in the audit. In the development of the audit plan, the priorities, scope and scope of the audit must be established must be introduced cooperation within a company or organization and standards for evidence must be introduced. Audits should first be identified as discretion or compulsory. A little research will reveal whether specific regulatory requirements may require a specific organizational or audits of the company. For example, the New York Stock Exchange requires an internal audit for all publicly traded companies. Some private companies also set the rules for internal and external audits.

after the introduction of the rangeHU Audit Create a detailed estimate of the time necessary to complete the entire audit process. If you work with a team or employees of people, it would be time to review the strengths and weaknesses of each team member and determine how much time each person can contribute to the audit plan. Find out that an estimate of time based on the total number of employees available and how much time each person can devote to audit and any necessary subsequent meetings. With the holidays, patients, training days and holiday time, full -time employees who work for 40 hours of working week, about 1,800 hours available in the range of one year.

The success of any real audit plan will largely depend on the cooperation and cooperation of key managers, directors, executives and members of the Board of Directors. Audity -valued are considered invasive and disturbing, and some employees can consider them to be generally negative lights. The successful audit plan must be conducted independent of any interventionof the company's employees or employees to create an objective view of specific areas or entities within the organization. If you want to ensure accurate, objective and successful audit, set the basic rules of independent operation from the beginning.

productive audit work in the field requires the determination of procedures for the collection, analysis and evaluation of evidence. Determine the type of evidence to be collected, how much to collect, and whether this evidence is truly relevant and useful. The auditor must understand a specific society or organization and its environment to recognize what types of evidence need to be collected. The field audit procedures should include gathering only evidence that is factual, helps to achieve a particular conclusion and supports the final audit resistance.