AUDITING NOTES

CONTROLLING OF AN AUDIT
The controlling of an audit can be studied under the following headings:

1. Delegation.
2. Directions
3. Supervision &
4. Review

1. DELEGATION:
The audit should be delegated to assistants in a manner which provides reasonable assurance
that the work shall be performed with independence skills and competence required under the
circumstances. The assistants with supervisory responsibilities should decide the extent of
direction, supervision and review as appropriate in each case.

2. DIRECTIONS:
The assistants to whom work is delegated need appropriate direction. Direction to assistants
would include the following.
i. Information about their responsibilities.
ii. Objective of the procedure to be performed.
iii. Nature of the entity’s business.
iv. Possible accounting and auditing problems that may affect nature, timing, extent and
procedures.
v. Written audit programmed.
vi. Time budget and planning memorandum.

3. SUPERVISION:
Personal carrying supervisory responsibilities perform the following functions during the audit.
i. Monitor the progress of the audit to consider whether.
a. Assistants have the necessary skills and competence to carry out their assigned
tasks.
b. The work is being carried out in accordance with the overall audit plan and the audit
program.
ii. Resolve any differences of professional judgment between personnel and consider the
level of consultation that is appropriate.
4. REVIEW:

By: The Fact Finders - Consultants Page 1

AUDITING NOTES

The work performed by each assistant needs to be reviewed by personnel of at least equal
competence to consider whether.
i. The work has been performed in accordance with the audit program.
ii. The work performed and the result obtained has been adequately documented.
iii. All significant audit matters have been resolved or are reflected in audit conclusions.
iv. The objective of the audit procedures has been achieved.

The following needs to be reviewed on timely basis.

a. Overall audit plan and the audit program.

b. Assessment of inherent and control risks.

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