Audit Plan Agenda-1927 OCPS Homs

 Starting Date: 01/12/2019

 Ending Date: 05/12/2019

Scope to be covered
a) Cash and banks:
1. Cash and cash equivalents
2. Collection cycle
3. Receipt book management
b) Receivables:
1. Clients Visits
2. Clients Confirmation
3. Collection Cycle
4. New client’s procedure
5. Aging Control
6. Manual invoices management
c) Warehouse:
1. Transfer of goods between branches
2. Delivery of goods; Delivery Management Program (Non-
Delivered Invoices)
3. Return procedure
4. Reception of goods and sampling procedure
5. Deteriorated and Near expiry procedure
6. Stock in/out operations
d) Vans operation
e) Follow up on previous Audit recommendations -Audit Report
#1904

 1st day: Sunday 01st of Dec: (Estimated Arrival time: 10 AM)

 Cash & Banks
o Cash process
o Cash and Cash equivalents control (cheques, notes receivables.)
o Review of petty cash expenses
o Receipt vouchers procedure and documentations
o Collection cycle procedure
o Cash Payments
o Receipt book Management program

1927 OCPSH | Prepared by: Mireille Kfoury

 2nd day: Monday 2nd of Dec:
 Receivables
o Clients Visits
 3rd day: Tuesday 3rd of Dec:
 Receivables
o Clients Visits
 Inventories
o Reception of goods and sampling procedures
o Transfers of goods
o Non-delivered invoices procedure
o Return of goods procedure
o Delivery of goods procedure
o Deteriorated, Slow Moving, Near Expiry….
o Physical count procedure
 Vans operations audit
o New cash van procedure and collateral
o New client procedure
o Credit limits management
o Aging control
o Collection cycle
o Transfer of goods
o Delivery of goods procedure
o Return of goods procedure
o Daily Sales report
o Deteriorated, Slow Moving, Near Expiry….
o Physical count procedure
o Follow up on previous Audit recommendations related to cash
van
 Review of debit and credit notes procedures and documentations

 4th day: Wednesday 04th of Dec:

o Warehouse visit to Al Wadi Warehouse

 5th day: Thursday 05th of Dec: (Estimated Leave Time:12 PM)

 Meeting with the Invoicing officer to cover below points:
o Manual invoices procedure and documentations
o Invoicing process
o New client’s procedure and documentations
o Stock in/out operations and documentations
o Follow up on previous Audit recommendations

1927 OCPSH | Prepared by: Mireille Kfoury

 Follow up on previous audit recommendations and finalize pending
topics if any

1927 OCPSH | Prepared by: Mireille Kfoury