Audit planning is a procedure which is used to see and prevent potential problems. This is done at the beginning of an audit process.
An audit is considered a risk assessment, therefore these terms are interchangeable. And audit plan can have various meanings, some consider this to be an annual audit plan which includes all the audits that will occur within a companies calendar year. Others consider this to be the plan for undertaking a specific audit. Its all in how you define the words, audit plan, audit schedule, audit check list.
audit plan is the most important part of audit. the auditor should arrange the activity done in audit.
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difference between audit program audit & note book
an audit program may contain several audit plans
It depends on the focus or intent of the audit. Typically, management retires to develop a plan to implement recommended changes and corrrect shortcomings, then commences operations on that plan.
Computer audit software is used for many things. Typically, computer audit software is used for designing and creating a sophisticated plan to increase the accuracy of audit results.
Office of Inspector General Workplan
In some cases the night staff in a care setting can conduct the monthly audit, but in some cases they may only be allowed to audit the night portion.
The purpose of a cost audit is to verify all cost accounts and ensure that the company is following the predefined cost accounting plan. This type of audit focuses on every department within an organization to ensure that costs are being managed properly.