Explain the Before an audit processes?
Submitted by: Administrator► Make sure the authority of the audit team is established - this will increase the cooperation from auditees.
► Decide what areas of the company will be audited and the frequency of the audits. Prepare a yearly audit schedule and distribute.
► Develop an audit plan. Decide what other audit resources are needed - checklists, other auditors?
► Determine the purpose of the audit - is it to comply with government regulations, quality standards, internal procedures and systems? v Define the scope of the audit - is it an overview of the area being audited or is it to concentrate on a specific system within the area?
► Hold a meeting with the auditors to discuss the plan, purpose, and scope of the audit.
► Read the documents you will be auditing against. Know what they say. Develop questions to ask the auditees.
► Conduct an opening meeting with the auditees.
Submitted by: Administrator
► Decide what areas of the company will be audited and the frequency of the audits. Prepare a yearly audit schedule and distribute.
► Develop an audit plan. Decide what other audit resources are needed - checklists, other auditors?
► Determine the purpose of the audit - is it to comply with government regulations, quality standards, internal procedures and systems? v Define the scope of the audit - is it an overview of the area being audited or is it to concentrate on a specific system within the area?
► Hold a meeting with the auditors to discuss the plan, purpose, and scope of the audit.
► Read the documents you will be auditing against. Know what they say. Develop questions to ask the auditees.
► Conduct an opening meeting with the auditees.
Submitted by: Administrator
Read Online Audit Job Interview Questions And Answers
Top Audit Questions
☺ | What are Objectives Of Internal Audit? |
☺ | What is statutory audit? |
☺ | What are the basic principles of an internal audit controlsystem? |
☺ | What is an audit process? |
☺ | What do you mean by vouching? |
Top Accounts Categories
☺ | Accounting Interview Questions. |
☺ | Accounts Payable Interview Questions. |
☺ | Senior Accountant Interview Questions. |
☺ | Junior Accountant Interview Questions. |
☺ | Audit Interview Questions. |