AUDIT PROCESS
PLANNING PHASE

 

 

 

Audit Process.  Basically, the audit process consists of three general phases: planning, fieldwork, and reporting.

 

Substantial time is generally spent on each of these phases with perhaps more time being spent on completing the fieldwork.

 

Today, we have to be able to do more with less and become more efficient and effective.  Consequently, more time is being spent up-front in the planning phase of the audit and less time doing fieldwork and preparing the audit report.

 

Planning.  After receiving and discussing the audit assignment with Audit management, the planning phase of the audit encompasses several activities.  This seminar addresses each of these important steps, including activities which will result in a more efficient and efficient audit and a better quality end-product.