PROJECT COMPLETION AUDIT

PROPRIETY AUDIT
EFFICIENCY AUDIT
KOHLER: ITS AN AUDIT AT SOME POINT AFTER
THE OCCURRENCE OF A TRANSACTION.

MURDICK AND DEMING: IT’S A CHECK ON

WHETHER THE PLANNED BENEFIT ARE REALISED
AFTER THE PROJEST HAS BEEN OPERATING FOR
SOME PERIOD OF TIME.

DONALD:IT’S A STUDY MADE TO ASCERTAIN THE

ACTUAL PERFORMANCE RESULT, TO COMPARE
THOSE RESULTS WITH THOSE PREDICTED IN
THE PROPOSAL,AND TO TAKE ACTION
REGARDING ANY DIFFERENCES BETWEEN TWO.
IMPROVEMENT OF FORECAST

IMPROVEMENT OF OPERATION

FINANCIAL CONTROL MECHANISM

IDENTIFICATION
OF TERMINATION OPPURTUNITIES
WHEN TO DESIGN THE PCA
WHEATHER TO CONDUCT THE PCA
WHO SHOULD AUDIT
WHEN TO AUDIT
WHAT TO AUDIT
WHEATHER TO SHARE FINDINGS OF THE PCA
COLLECTION OF APPROPRIATE INFORMATION

COMPARISION OF PROJECTED FINANCIAL

PARAMETER WITH ACTUALS

ESTABLISH THE POSSIBLE CAUSES OF VARIANCE

FINAL RECOMMENDATIONS
COST VARIANCES ANALYSIS

PROFIT VARIANCES ANALYSIS

CASH FLOW AND FINANCIAL CRITERIA ANALYSIS

PRESENT VALUE DEPRECIATION TECHNIQUE

COST

HUMAN ISSUES

UNCERTAINITY

EMPRICAL EVIDENCE
C RED
EX PRO
EX MKT & NEW MKT PRO