A technical audit is an audit performed at a company or manufacturer where the auditor, engineer or subject matter expert (SME) evaluates deficiencies or areas of improvement in a manufacturing process, system or proposal.
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A technical audit of a proposal would include an engineer or SME's evaluation of the work to be performed in that proposal. The SME would draw conclusions by evaluating the proposal and the work outlined in that proposal. The SME would identify deficiencies in the process or areas of improvement in that process that would increase efficiency, reduce hours or reduce the cost of that proposal.
A technical audit for a company performing research and development (R&D) the auditor or SME would evaluate the projects being performed and identify deficient areas in the projects or deficient projects themselves. Often times in R&D there is more work than manpower and projects can be prioritized or eliminated to increase production and reduce (or maintain) manpower.
A technical audit of a manufacturer would include an engineer or SME's evaluation of manufacturing processes or systems used at a manufacturer to manage the production line. The SME would identify losses or other areas of improvement in the production line that would increase efficiency and as a result reduce cost.
between financial audit and cost audit
an audit program may contain several audit plans
The process of preparation for audit depends on the kind of audit to be performed, it's objective and scope. The scope of the audit is key to the planning process. The planning required or statutory audit is different from internal audit; it also differs from forensic audit?
the audit committee communicate with internal audit, external audit and CFO on behalf of the company.
Cost audit is done to audit the cost elements of unit costs while in financial audit, audit of financial statements is done to find out information provided is true and fair or not.
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Auditing a class means sitting in on the class as an observer (rather than as a student participant). This is true of all classes, not just those offered at Greenville Technical College. Sometimes people will audit a class to decide whether or not they want to enroll in it; sometimes classes are audited to get information regarding specific information the auditor wants.
what is the differences between IS Audit and traditional Audit?
3rd Party Audit - Independent Audit 2nd Party Audit- Customer Audit 1st Party Audit- Internal Audit
How do I write a audit letter about concerns on an audit
Under HR Audit, audit of HR procedures and process is done while in financial audit, audit of finance related matters are done.
difference between audit program audit & note book
between financial audit and cost audit
an audit program may contain several audit plans
The process of preparation for audit depends on the kind of audit to be performed, it's objective and scope. The scope of the audit is key to the planning process. The planning required or statutory audit is different from internal audit; it also differs from forensic audit?
How would you save against disadvantages of continuous Audit Compare between Continuous Audit and Periodical Audit?
Audit Committe enhance communication between Internal Audit, External Audit and CFO. Audit Committe assist directors to avoid litigatio risk.