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c

Individual audits should be adequately planned to meet the audit objectives in an


effective and efficient manner. c

Planning the Audit

cc cc
cc  c
c c c   c cc
  ccc c cc c c c  c cc c c
c cc  c

Ôc cc c c c ! c


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 c  c c  c  c  c c c c c
 c !c c
Ôc c" c cc#c cc cc  c

$c c"c cccc   c cc c cccc c


%  cccccc ccc c c c c c
c #c c c c   c  c c    c c c $c  c c
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c c  c c  c c c  c c c   c c  c  c
c cc  c

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cccc cc c

Initial letter

 cccc ccc)c* c+c+c c+ c' c+'c


cc c # c c cc
 )cc c  cc cccccc
 & c c cc c   cc c,c ,c c
¯verview phase

$ccc   c c  cc -"c )c cc  c c c c c   c
c cc c c c cc cc )cc c c$c
c c c c c  c  cc c   c  c c c c
c
$c c c  c  c c c #c  c  c c  c c   c
c

Audit proposal

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.&
c c  ,c c c '(c $c  c c   c c  c  c
cc ccc  c c cc cc cc  cc
c c c  c c  /  c  c  c c c  c  c  c  c
  c cc  cc cc c cc c cc
)c
ccc  c c c  c

Audit profile

$c c c  c c  c"  cc c c c  c c c c
c cc c   &c c  c  c c c c
 c  c  c  c  c  c c c c %c cc /c c
 c c c  ccc c c c c c  ccc c c c c  c
cc0 c 0c1 c c   c c c"c c c
c c  c c   c  c  "c c  c c c c c c
  cc cc c cccc  c ccc
cc  c

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!c
Ôc  c   c c c c c c c c c
 c cccc !c c
Ôc c   c c    c c  c  c  c c
!c
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!c
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1 "c  c *  c c    c
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 c c c  c c  c c  c c c
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c  c  c  c c   c c c
cc c cc2c cc  c3 cc c
c c !c
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Ôc  c
c  c c  c c  c c  c c
 c  c c !c c
Ôc ccc c  ccc  c cc

cc c /  c

ngagement letter

ccc cccc ccc)c* c+ c+c c+'cc


 c c c
c  c  c c  c c c c c c  c  c c  c  c
c $c c  c"c c * c +c  ccc  c  c c c c  c
 c c c
c   c c  c c  c c  c c   c c c  c
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gaunch meeting c

$c c c c  c  c c  c  /c c )c c c c
 c c c c c  c c "c )c c c c  c  c
 c  c c c c c  c )c    c  c c c
 c cc"cc cc c c c cc ccc
c ccc c  c  c ccc c

Survey phase

$c c c   c c  c c - c )c c c c   c  c
  c  c c c c $c  c c c c c c
   cc cc  c c c   c c   c cc
$c  c c c   c c c c c c c   c "c "c c c
  c c c$c"c  c ccccc c c cc
  cccc c c  c cc

Survey plan

$c cc  cc#c cc  c cc c "c cc  c

$c  c c ccc  c

Ôc 5 cc c c6 c c" c


Ôc c c c c c c c  c
Ôc 7c  c c c   c  c c  c c c
ccc c c c
àc %cc  c c c
ñc 7 c c c c
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cc
ñc 8  6 6 c c
àc *  ccc
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àc 1 c "& cc
ñc '  c cc  c c c " & c
ñc + cc c c c  c
ñc 7ccc c c c c
Ôc '  c cc
)c c
Audit survey report

$c  cc   cc c c & c c c c c cc
c " c c  c   c  c c c  c  &c c c c
# c  c %c  /c c  c c  c c c c  c  c
 c c "c c "c   c  c  c    c c  c
  cc c c ccc c c cc"cc'"c
c c c c    c c c c c  c c c c c c c c
c  c

1 cc
cccc# c cc "  ccc ccc c c c c
cccc  c c ccc ccc cc c c'"c
c  c ccccc cc ccc cc)c c%c
c"ccc cc c"c  c ccc  c

Ôc 7cc c 9c


Ôc 7c   cc c9 c
Ôc 7ccc   c cc c c c c9 c
Ôc 7ccc  9c
Ôc cc"c c/c c  9 c

amination planning phase

,c c c  c  c  c  c c  c c  c c # c  c
"cccc"c  c ccc$c ccc c ccc
 ,c  ccccc cccc c

%c  c c # c  c  c  c c  c  c  c  c c
 cc c cc cc "ccc c cc c
 c c c c c c  c c c  c  c c c
 c cc c c c c  c c ccc
 c c  c c   c  c c   c c  c   c  c   c c
 c c

Audit terms of reference

$c  c c c c c c c c c  c c  c c
 cc c cc c c c c$cc cc c
c  c c c)c c  c c c  c c c c  c#c
 cc c

$c ccccc cc cc)ccc cc


c cc c cc c cc c cc
c$c)cc c c ccc c c

jeveloping the e amination plan

$c "c  c c c# c cc c c # c  c $c   c
 c cc cc c c c cc c# cc cc
c c cc ccc c  &cc

$c# c c cc  c

:c c  c  c   c   c c  & c c


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:c c c !c


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 c  c  c  c c  c c c  c
cccc cc ccc"cc
cc c  c! c
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=c c c cc c cc  ccc
c c#ccc cc c c cc
 /c"c c ccc"ccc c
 c c   c  c   c  c   c
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   c  c /c  c   c c
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’c  c c  c c  c   c c    c
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 c"  !c
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 cc cc ! c
@c cc cc cc  6  c !c c
Ac c c  c c c  c c c c  c  c
 c c   c  c c c c
c  c c  c  c  c c c
 c c ccc c  c

, c c  c  "c c  c c  c  c  c  c c c c c
 c c  c cc cc# c7 &c c cc
 c  c  c  c c c c  c  c  c # c c  c
  cc c "c  c cc cc

Audit ¯bjectives

An audit should have clear objectives about which conclusions can be made. c

 c cc  c#ccc cc  cc cc#c c


c cc c c cc  cc%c ccc
c c
c cc  ccc
)cc  c

 c c c  c c  c  c c   c c c c  c  c c
 c cc c  c c c c  cc c$c c ccccc
c c cc cc cc   c cc cc c c c
cc ccc  cccc cc c cc
c cc  c c c cc#c c "ccc cc
 c cc ccc c  cc  c c cc c
c  c cc c cc. &
c c ,cc'(ccc  c c

$c  c  "c   c  c   c c c   c  c


 c B  & c
c  c c  c c c c c  c c  c c  c c c
   c  c c c c c  c #c  c c c  c  c
c
Audit Scope

Ôc An audit should have a clear scope that focuses its the


e tent, timing and nature. c

Ôc An audit should select issues on the basis of their


relevance to the PSC¶s mandate, significance and
auditability.c

* c c c  c c c c c  c c  c c cc c
 c c .c   c c c  c c  &c  c  c c  c c
 c  c  c c  c  c   cc c c c c c c
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c ccc c ccc c c$ccc  c
 cc cc c cc  c

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Ôc c c!c c
Ôc    c

%elevance to the PSC's Mandate

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c c  c c 
 c c c c
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  cc  c c  c c ccccc  c$cc
cc
c ccc c cc"c cccc c
cc c c

Matters of Significance

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  c

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Ôc %cc 9c
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c   c cc c 9 c
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 cc9 c
2c c c  c c c  c #c c c  c c c c   c
c c c c &c c$ ccc c c cc c c
c c c c  c c  c c c c c "c c  c  c
 c c c c cc  ccc ccc  cc c cc
 c c c c c

Auditability

   c  c  c c  c c  c c c  c c c c  cc  c c
   c c c  c  c c c c   c c c c  c c
 cc cc c c cc ccc ccc ccc
%cc cc cc cc cc  cc  c

Ôc c cc c cc c c cc#! c


Ôc ccc  ccc  c!c  c
Ôc   ccc c  c cc  c

Scope Statement

$c cc c ccc 6  c cc)cc


ccc c cc c cc  cc ccc c cc
 cccc c c cc c%c c  ccc c6 cc
cc c# c cc c cc  c

Audit Criteria

An audit should have suitable criteria that focus it and provide a basis for developing
observations and conclusions. c

  c c c c c  c c  c c  c c c c c c
 c c c$cc c cc  ccc cc c c

 c c c   c c  c c c  c c   c c
c   c c  c c c c c c c c c   &
c cccc c ccc$cc c c c
  c  c  cc  c$cc ccc cc
 c c    c  c  c c  c c  c  c c    c  c c
 c c
$c c ccccc c c cc c cc   c
 c cc cc  c

Ôc c
 c c ccc  c  ! c
Ôc  c c c   c  "c  c c
 c!c
Ôc c c c cc cc c ! c
Ôc  c /c c! c
Ôc  cc c c cc c! c
Ôc c cc c ! c
Ôc c c c c c / c c c
 c!cc
Ôc  c
c c

$c  c c c  c  c c c c c 6 c   c %c  c
 c c   c c  c  c  c c c c c  c  c c  c
c

c  c c c  c


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 ccc c cc)cc c  c c
 c c
 c c 7c c c c  c  c c c  c  c
c c c  c c   c  c c c c c c  c  c
 c  c c  c  c  c c c c   c c   c 7c c )c
 cc c c c  ccc c ccc c c

$c c c c c cc  c

Ôc  cc c cccc c c cc c


c )c    c  c c  c c c
 c  ccc c / ! c
Ôc ccc cc  c cc   c c
c c c c  c )c c c
c    c c c  #c c c  c
 !ccc
Ôc   ccc.&
c c ,ccc%ccc
cccc cc cc c
c c ccc c c cc c ccc c cc c
c c  c c

%cccccc cc cc   cc


c c c ccc c ccc#  c ccc cc  cc
cc  c cc cccc cc cccc
)c   c

c c  c  c   c   c c  c c c c  c c
c ccc c c%cc c c c "c c
 cccc cc

Audit Approach

+c c c  c c  c c c c  c c c  c c c
 c cc c  cc c c c ccc c  &c
c$c c c  c  cc c cc c c cc
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  c c c  c

$c  c
c  c  c  c c c   c c c c c  c c
c c c c  c   c c  c  c   c  c c
cc ccc$c ccc c c c ccc
c c c "c   c c c   c c  c  c c c c   c
cc c%cc  ccccc cc c c
cc c c c  c

B  c  c&"c  c ccc c cccc  cc


 c c c c c c c  c c c c "c  c 7c  c
cccc  c"c cc ccc c cc c
c c c c   c c c c  c $c  c  c c  c
  c  c "c   c  c  c c c c c c  c
c c  c c

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c  c c   c $c c   c c  c c c    c  c c
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 cc cc c c ccc*ccc  c
 ccccc  cc ccc#c c cc cc
cc   c c c ccc ccc%cccc  c c
 c cc c ccccc / c cc c   c  c c
 c c c c %c c   c  c  c c c  c " c c  c
 c#ccc c  c

c c  c c    c c   c c c c c  c c
 c  c  c c # c c  c c  c c  c c  c
  cc c c c

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