Audit
1
Internal Audit
Key Internal Audit Procedures
Internal Control Evaluation
Fraud Detection and Prevention
Follow-Up Audit Procedures
Compliance Audit
Information Technology (IT) Audit
Control Environment Review
Operational Audit
Report Findings and Recommendations
Risk Assessment
Financial Audit
Physical Security Review
3
Continuous Audit
Payroll Audit
Sales & Revenue
Accounts Payble
Sales & Revenue Audit Procedures
Substantive Procedures
Analytical Procedures
Test of Controls
Initial Understanding
Test of Controls
Substantive Testing
Analytical Procedures
Operational
Initial Understanding
Initial Understanding
Test of Controls
Analytical Procedures
Substantive Procedures
5
Compliance Audit
When Compliance audit is done
Industry Standards
Contracts
Company Rules
Legal Rules
How it's done
ANALYSIS
REPORTING
EVIDENCE COLLECTION
INVESTIGATION
4
Forensic Audit
KEY STAGES
Analysis
Reporting
Evidence
Investigation
2
External / Annual Audit
Introduction / Overview
Phases of External Audit
Key Audit Areas
Documents Required
Key Stakeholders
Common Findings / Red Flags
Reporting & Outcomes
Document Upload / Evidence Repository