Process Audit :-Auditor will concentrate on process at each stage & its relevant parameter's process parameters like temperature, pressure, speed etc.
Along with this he audits operator competency level , enviroment condition under which he operates the machine,5S,safety etc...
Product Audit:-Auditor will concentrate only on output of the process & its relavant parameters.
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
The main difference in a continuous audit and a periodical audit is the amount of time an audit is done. A continuous audit is done many times throughout the year and a periodical is performed once a year. A continuous audit is also expensive because of the amount of time spent doing it.
Purpose of investigation audit is to find out the evidance of the specific agenda for which investigative audit is conducted while conventional audit objective is to find out that financial statements represents the true and nature of business or not.
Audit procedure is the process followed while auditing an entity which may include:Confirm the audit assignmentComplete appropriate planningExecute actual internal audit workDevelop a report
Product audit are audit for product itself. Criteria product, how to know the product, what is special identification an so on. Process audit are audit to the process to produce the part from incoming material to part become finish goods...
Under HR Audit, audit of HR procedures and process is done while in financial audit, audit of finance related matters are done.
What is a difference between product metrics and process metrics
An audit is a systematic review of financial records and processes to ensure accuracy and compliance, typically conducted by an independent party. An inspection, on the other hand, is a physical examination or assessment of a product, process, or facility to ensure it meets certain standards or requirements.
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?
audit is an evaluation of a person, organization, system, process, project or product .Audits are performed to ascertain the validity and reliability of information, and also provide an assessment of a system's internal control. The goal of an audit is to express an opinion on the person/organization/system etc. under evaluation based on work done on a test basis.Doing a trial process in audit to make it effective is audit trial.
difference between audit program audit & note book
an audit program may contain several audit plans
Difference between social accounting and social audit?
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