1. 3. Documentation & Working Paper
1.1. Purpose
1.1.1. Tools for Efficient conduct & Supervision
1.1.2. Support Audit Conclusion & Report
1.1.3. Review & Quality Control
1.1.4. Form of Evidence
1.2. Manual vs Electronic
1.3. Permanent vs Current
2. 4. Evaluation & Conclusion
2.1. Evaluation
2.1.1. Corroborative Evidence
2.1.2. Review all materials prepared & determine key results
2.1.3. Determine criteria to evaluate results, risks & controls
2.2. Findings
2.2.1. Condition
2.2.2. Criteria
2.2.3. Effect
2.2.4. Cause
2.2.5. Recommendation
3. 5. Reporting & Communication
4. 6. Follow Up
5. 1. Planning
5.1. Organizational Objective
5.2. Assess Risk Priority
5.3. Resource Prioritize Area
5.4. Audit Strategy Plan
5.5. Annual Audit Plan
5.6. Quarterly Audit Plan
5.7. Outline Objective Statement
5.8. Preliminary Survey
5.9. Engagement Planning
5.9.1. Determine Objective & Scope
5.9.2. Understand Auditee including Objective
5.9.3. Identify & Assess Risk
5.9.4. Identify Key Controls & Activity
5.9.5. Evaluate Adequacy of Control Designs
5.9.6. Create Test Plan
5.9.7. Develop Work Program
5.9.8. Allocate Resource
6. 2. Data Collection
6.1. Audit Evidence Requiemnt
6.1.1. Types of Evidence
6.1.2. Availability
6.1.3. Selection
6.1.4. Nature
6.2. Identifying Information
6.2.1. Physical Examination
6.2.2. Reperformance
6.2.3. Documentation
6.2.4. Confirmation
6.2.5. Analysis
6.2.6. Inquiries of client personnel
6.2.7. Observation
6.3. Audit Supervision
6.3.1. Ensure Quality
6.3.2. Efficiency
6.3.3. Budget Control