Scribd Logo
Upload

Welcome to Scribd!

  • Auditing and Assurance Mindmap

    Uploaded by

    Archana Shankar
    7 views1 page
    This document outlines the data collection process for an internal audit. It discusses the types of evidence and documentation required, including physical examination, documentation, and re-performance of work. It also addresses identifying information, manual versus electronic documentation, and whether documentation should be permanent or current. Finally, it describes evaluating the evidence gathered to reach conclusions, determine key results and audit findings, and prepare an audit report.

    Original Description:

    Original Title

    Auditing and assurance mindmap

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    This document outlines the data collection process for an internal audit. It discusses the types of evidence and documentation required, including physical examination, documentation, and re-performance of work. It also addresses identifying information, manual versus electronic documentation, and whether documentation should be permanent or current. Finally, it describes evaluating the evidence gathered to reach conclusions, determine key results and audit findings, and prepare an audit report.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    7 views1 page

    Auditing and Assurance Mindmap

    Uploaded by

    Archana Shankar
    This document outlines the data collection process for an internal audit. It discusses the types of evidence and documentation required, including physical examination, documentation, and re-performance of work. It also addresses identifying information, manual versus electronic documentation, and whether documentation should be permanent or current. Finally, it describes evaluating the evidence gathered to reach conclusions, determine key results and audit findings, and prepare an audit report.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    of 1

    DATA COLLECTION

    1. AUDIT EVIDENCE REQUIREMENT - TYPES OF EVIDEN DOCUMENTATION/ WORKING PAPER


    CE, AVAILABILITY, 1. PURPOSE: EFFICIENT TOOL FOR CONDUCT &SUPERVI
    SELECTION, NATURE SION, SUPPORT AUDIT
    2. DATA COLLECTION: IDENTIFYING INFORMATION- PHY CONCLUSION &REPORT, REVIEW &QUALITY CONTROL
    SICAL EXAMINATION, , FORM OF EVIDENCE
    DOCUMENTATION, RE-PERFORMANCE, AP, CAATTS, E 2. MANUAL VS. ELECTRONIC
    TC 3. PERMANENT VS. CURRENT
    3. AUDIT SUPERVISION - ENSURE QUALITY, EFFICIENCY
    &BUDGET CONTROL

    INTERNAL AUDIT PROCESS

    EVALUATION / CONCLUSION
    1. EVALUATE EVIDENCE GATHERED &REACH CONCLUSI
    ON
    2. REVIEW ALL MATERIALS PREPARED
    &DETERMINE KEY RESULTS REPORTING/ COMMUNICATION
    3. DETERMINE THE 3CRITERIA
    4. EVALUATE THE RESULT
    5. COMPONENT OF AUDIT FINDING:
    CONDITION,CRITERIA,CAUSE,EFFECT,RECOMMENDATIO
    N

    You might also like