Internal audit workflow

The internal audit workflow is as follows:

(1) Based on the deployment of the higher level and the specific situation of the unit, the audit work plan is formulated and submitted to the leadership of the unit for approval, the audit program is formulated and the audit work is carried out.

(2) The problems found in the audit, can be readily proposed to the relevant units and personnel to improve the views. At the end of the audit, an audit report should be made, after seeking the views of the audited unit, submitted to the leadership of the unit, and importantly, should be submitted to the same level of the State Auditing Organization at the same time.

(3) The decision to deal with major audit matters shall be submitted to the leadership of the unit for approval. Approved processing decisions, the audited unit must be implemented.

(4) If the audited unit has any objection to the processing decision, it can appeal to the head of the unit or the higher internal audit institution within 15 days; if it has any objection to the processing decision of the departmental internal audit institution, it can appeal to the head of the department.

The head of the unit, the higher-level internal audit organization and the head of the department shall make a decision within 30 days of receiving the complaint, and correct the inappropriate processing decision. During the complaint period, the original audit processing decision shall be implemented as usual.

Audit methods:

1, down check method. According to the sequence of economic activities and accounting procedures, in order to audit and analyze the accounting documents, accounting books and accounting statements.

2, reverse check method. In accordance with the reverse order of economic activities, the first review of the accounting statements, from which found errors and problems, and then targeted review and analysis of the statements, books and vouchers in turn.

3, sampling method. Provide three sampling methods, including equidistant sampling, random sampling, PPS sampling, from the audited unit to be audited by a part of the object of the review, based on the results of the review, by inferring that the audit object of the overall errors and drawbacks.

4, sampling audit and detailed audit method. In audit practice, the auditor to determine the audit sample is based on the internal control system and the importance of the level of assessment, when a sample of suspicion, the auditor may expand the number of samples or a sample of business processes for a detailed audit.

Baidu Encyclopedia - Internal Audit Procedures