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in auditing what is meant by audit procedures
Answers: 1 Views: 602 Rating: 0 Posted: 12 years ago

 

AUDIT PROCESS
__________________________________________________________________
ANNUAL PROCEDURES

Audit Procedures

The purpose of audit procedures is to provide detailed audit steps to be performed during the audit
fieldwork that will achieve the specific audit objectives. In conjunction with the risk assessment, audit
procedures will be developed by the auditor and approved by audit management prior to
performance of the audit procedures. If, subsequent to the approval of audit management, a
decision is made not to perform one or more of the procedures, a note documenting the reasons for
the decision should be included in the audit procedures.
The specific objectives of any audit will address one or more of the following general management
objectives:

• Ri sks are appropriately identified and managed.
• Interaction with the various governance groups occurs as needed.
• Financial, managerial, and operating information is accurate, reliable, and timely.
• Employees’ actions are in compliance with University polic ies and procedures, and
applicable laws and regulations.
• Resources are acquired economically, used efficiently, and adequately protected.
• Plans and objectives are achieved.
• Quality and continuous improvement are fostered in the University’s control process.
• Significant legislative or regulatory issues impacting the University are recognized and
addressed appropriately.

During the course of the audit, conditions may arise which warrant revising the audit procedures,
scope, or budgeted hours. The auditor should evaluate the situation, make timely recommendations
to audit management, and obtain approval before incorporating any changes.
Audit procedures should be organ ized in the following manner:

Audit Procedures Results/DocLink Initials
Audit Objective:

Scope:

Audit Step 1: Conclusion:
Procedures Performed

Audit Step 2: Conclusion:
Procedures Performed

Audit Step 3: Conclusion:
Procedures Performed

 

Internal Control Audits

Standard pro cedures have been devised for internal control audits and can be found in the Maintenance
Menu, Standard Library of AutoAudit.

Auditors may access these standard procedures through the "Completion Table" workpaper in
AutoAudit. (Under the "Audit Procedur es" section, choose "View Standard" to access a list of these
standard procedures.

Rating: 0 Posted: 12 years ago
conversion from grams to ounces?
Answers: 1 Views: 373 Rating: 0 Posted: 12 years ago

1 gram = 0.0352739619 ounces

Rating: 0 Posted: 12 years ago
how do i convert document to pdf file
Answers: 1 Views: 407 Rating: 0 Posted: 12 years ago

http://www.pdflite.com/converter?gclid=CIGP5Pv-z68CFQMx3wodViUNEQ

 

Rating: 0 Posted: 12 years ago
how do i convert document to pdf file
Answers: 1 Views: 443 Rating: 0 Posted: 12 years ago

http://www.pdflite.com/converter?gclid=CPOd1dH9z68CFQdb3wodUmYyGQ

Rating: 0 Posted: 12 years ago
Formula for converting litres into gallons (uk)
Answers: 1 Views: 293 Rating: 0 Posted: 12 years ago

To convert from US Gallons to Liters, multiply the number of Gallons by 3.7854To convert from UK Gallons to Liters, multiply the number of Gallons by 4.54609188.

Rating: 0 Posted: 12 years ago
what is epilepsy
Answers: 2 Views: 588 Rating: 1 Posted: 12 years ago

Epilepsy is a neurological condition, which affects the nervous system. Epilepsy is also known as a seizure disorder. It is usually diagnosed after a person has had at least two seizures that were not caused by some known medical condition like alcohol withdrawal or extremely low blood sugar. Sometimes, according to the International League Against Epilepsy, epilepsy can be diagnosed after one seizure, if a person has a condition that places them at high risk for having another.

The seizures in epilepsy may be related to a brain injury or a family tendency, but most of the time the cause is unknown. The word "epilepsy" does not indicate anything about the cause of the person's seizures, what type they are, or how severe they are.

Rating: 2 Posted: 12 years ago
how many kilos is 7,3 lb
Answers: 1 Views: 412 Rating: 0 Posted: 12 years ago

7,3 pounds = 3,3112243 kilograms

Rating: 0 Posted: 12 years ago

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