Audit Procedures
Updated: February 24, 2025
Summary
This video provides a comprehensive overview of the seven key steps involved in conducting an audit. From initiating the audit to preparing the audit report, it emphasizes the importance of document review, defining audit scope, and determining audit criteria. The video also covers preparing for on-site audit activities, conducting on-site activities, and finalizing audit conclusions and reports. Additionally, it delves into completing the audit, planning for future audits, addressing non-conformances, and ensuring confidentiality of audit information.
TABLE OF CONTENTS
Introduction to Conducting an Audit: Understanding the Seven Steps
Document Review and Audit Preparation
On-Site Audit Activities Preparation
Conducting On-Site Activities and Verifying Corrective Actions
Preparing Audit Conclusions and Reports
Completing the Audit and Ensuring Confidentiality
Planning for Subsequent Audits and Closure
Introduction to Conducting an Audit: Understanding the Seven Steps
Introduction to the seven steps involved in conducting an audit, including initiating the audit, document review, and preparing the audit report.
Document Review and Audit Preparation
Exploring the importance of document review in auditing, defining the scope of the audit, and determining the criteria for the audit.
On-Site Audit Activities Preparation
Preparing for on-site audit activities, including reviewing documentation, assigning work to the audit team, and creating an audit plan and timetable.
Conducting On-Site Activities and Verifying Corrective Actions
Overview of conducting on-site activities, verifying corrective actions, and ensuring conformance with audit criteria.
Preparing Audit Conclusions and Reports
Guidance on preparing audit conclusions and reports, including confirming findings, documenting non-conformances, and presenting audit conclusions.
Completing the Audit and Ensuring Confidentiality
Final steps of completing the audit, returning evidence, and ensuring confidentiality of audit information.
Planning for Subsequent Audits and Closure
Planning for future audits, addressing non-conformances, and preparing for the next scheduled audit.
FAQ
Q: What are the seven steps involved in conducting an audit?
A: The seven steps involved in conducting an audit are initiating the audit, document review, defining the scope, determining audit criteria, preparing for on-site activities, conducting on-site activities, and preparing audit conclusions and reports.
Q: Why is document review important in auditing?
A: Document review is important in auditing as it provides evidence to support audit findings, ensures compliance with standards and regulations, and helps in understanding the auditee's processes and controls.
Q: What is the purpose of defining the scope of an audit?
A: Defining the scope of an audit helps in determining the boundaries of the audit, clarifying what will be examined, and setting expectations for the audit process.
Q: How do you determine the criteria for an audit?
A: The criteria for an audit are determined by referencing relevant standards, regulations, policies, procedures, and best practices that are applicable to the audited entity.
Q: What is the importance of verifying corrective actions during on-site activities?
A: Verifying corrective actions during on-site activities ensures that identified issues are being addressed effectively and that the auditee is taking necessary steps to improve compliance and rectify non-conformances.
Q: What is the purpose of preparing audit conclusions and reports?
A: The purpose of preparing audit conclusions and reports is to document the audit findings, present the evaluation of compliance with audit criteria, and communicate recommendations for improvement to the auditee.
Q: How do you address non-conformances identified during an audit?
A: Non-conformances identified during an audit are addressed by documenting them, communicating them to the auditee, determining root causes, and developing corrective action plans to prevent their recurrence.
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