--%>
Assignment Help - homework help

Whats come after audit

What to do after the audit?

E

Expert

Verified

i) Conduct an auditors meeting to converse the closing meeting content.

ii) Conduct a closing meeting with all auditees engaged with the audit. First, point out what was completed well. Second, address the nonconformance’s and makes sure the auditees comprehend the nonconformances and what division of the standard is not met.

iii) Issue the audit report in a timely way.

iv) Promote auditees to decide on the counteractive actions. Allowing auditees to have input will give them ownership in executing changes.

v) Aid those responsible for completing the counteractive actions with setting reasonable deadlines. The counteractive action deadlines might differ depending on the severity of the noncompliance.

vi) Be accessible and willing to aid the auditees.

vii) Ask for pointer on how you and your audit team were perceived - regulate your approach if essential.

   Related Questions in Auditing

  • Q : What are Internal Controls Internal

    Internal Controls: Internal control includes the plan of organization and all of the coordinate techniques adopted within a business to defend its assets, ensure the accuracy and consistency of its accounting data, encourage operational efficiency, an

    		•
  • Q : Audit A term usually referring to a

      A term usually referring to a financial audit is a set of procedures performed by accountants from a certified public accountant (CPA) firm. The procedures are designed to investigate and verify the accounting information that manage- ment puts in financial report. When the audit i

    		•
  • Q : Principles of an internal audit control

    Write down the essential principles of an internal audit control system?

    		•
  • Q : Marketing audit for banking industry

    Marketing audit for banking industry will be developed based upon following features: A) It will help and support the top management in identification and management of risks. B) It will help in evaluating th

    		•
  • Q : Auditing i juz need answer of question

    i juz need answer of question 13 14 15 16... m uploading assignment having 16 questions i have done until 12... m gona upload solution as well

    		•
  • Q : Differentiation between External and

    Elucidate the differentiation between External Audit and Internal Audit?

    		•
  • Q : Bradmark From the case description and

    From the case description and the associated flowcharts, assess Bradmark’s internal controls over its expenditure cycle procedures.

    		•
  • Q : What is Audit Management Audit

    Audit Management: It is a systematic assessment of processes and policies of an organization's management in the administration and the utilization of resources, tactical & strategic planning, and employee and organizational enhancement.

  • Q : Explain Audit Controls Audit Controls :

    Audit Controls: The common definition of an audit is a valuation of a person, association, system, procedure, enterprise, product or project. The word most generally refers to audits in accounting, internal auditing, and government auditing, however a

    		•
  • Q : Importance of internal audit to the

    Write down the importance of internal audit to the organization?

    		•