Every successful audit is based up upon planning and communication of client and the auditor.Few audit organization that includes a Web -based explanation to their client how the audit process work.The purpose of providing this page is for those audit organization that has not explained to their client how, in general, the audit process work .It also is designed to provide resources for sharing tools and techniques for each of the distance phases of the audit process.Internal auditing required lots of consistent implementation and control to be efficient. It includes Plan- Do - Check - Action (PDCA) cycle.
Executive management through in evidence support and allocation of resources has primarily liabilities for ensuring the efficacy of the internal audit program.The auditor has the responsibility of good stewardship of management support,as revealed by their assurance to high quality of auditing practice and the production of the significant audit report. In exchange for the trust and assurance implied in this support, auditors make every effort conscientiously to provide precious information that management can exploit for strategic planning and another assessment making.
An audit plan is the specific guidelines to be followed when conducting the audit.it helps the auditor obtained sufficient appropriate evidence for the circumstances, help keep audit costs at a reasonable level and help avoid misunderstanding with clients.
3-Document reviewing.
4-Identify procedure interfaces.
5-Identify prospective process failure modes (PFMEA).
6-Value stream map process to break down activities.
7-Evaluate old audits.
8-Develop audit question.
9-Develop audit plans.
How Audit Helps
Audit always help to recognize problem,hazard,good practice and prospects to better serve your customer .The information acquired from the well-conducted audit in a company benefit that far is more important than the modest investment in time and training.The way in which the organization values and user this assert in mostly depend on how audit are carried out.Executive management through in evidence support and allocation of resources has primarily liabilities for ensuring the efficacy of the internal audit program.The auditor has the responsibility of good stewardship of management support,as revealed by their assurance to high quality of auditing practice and the production of the significant audit report. In exchange for the trust and assurance implied in this support, auditors make every effort conscientiously to provide precious information that management can exploit for strategic planning and another assessment making.
An audit plan is the specific guidelines to be followed when conducting the audit.it helps the auditor obtained sufficient appropriate evidence for the circumstances, help keep audit costs at a reasonable level and help avoid misunderstanding with clients.
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Planning
The audit process begins with planning the audit During this phase the audit the audit team will performing the following:
1- Learn the Process.
2-Recognize the interfaces with the standard.3-Document reviewing.
4-Identify procedure interfaces.
5-Identify prospective process failure modes (PFMEA).
6-Value stream map process to break down activities.
7-Evaluate old audits.
8-Develop audit question.
9-Develop audit plans.
Fieldwork
The second phase of the audit is fieldwork.During this phase, the audit team will physically be on site at the audit client location performing the audit.The following are some of the procedure generally perform during the fieldwork.
1-Review supporting documentation.
2-Interview department personally.
3-Perform analyses.
4-Identify Exceptions.
5-Identify Recommendations for Improvement.
6-Prepare Written Audit Comments.
7-Department Provides Written Response and Corrective Action Plan for findings.
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Reporting
The third phase of the audit is reporting.During this phase, the auditor in charge will prepare the written audit report which summarizes and communicate the audit results.The following are some of the procedure during the reporting or while preparing the report for audit.
1-Issue a draft.
2- Discuss draft report with the management.
3-Issue final report.
4-Report is facility, clean,concise and appropriate tone.
5-Report distribution.-
- President
- Executive vice president.
- External Auditor.
- Chief Finance officer.
- Controller.
- Audit Subcommunity.
- Division Vice President.
- Department Head.
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