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Introduction
An audit program consists of an appropriate auditprocedure to achieve these audit objectives.
Audit programmes are prepared while planning theaudit. At the planning stage, auditors will need toprepare audit tests to test the account areas.
Audit Program
The audit programmes set out what the auditor will test in relation to each audit assertion
The auditor should set out in the audit programme:
the objective of the test;
what constitutes an error;
the population to be covered.
Things to consider while establishing objectives
• Management priorities
• Commercial and other business intentions
• Characteristics of processes, products, and projects and any changes to them
• Management system requirements
• Legal and contractual requirements and other requirements to which the organization is committed
• Need for supplier evaluation
• Needs and expectations of interested parties, including customers
• Auditee’s level of performance, as reflected in the occurrence of failures, incidents or customer complaints
• Risks to the auditee
• Results of previous audits
• Level of maturity of the management system being audited
• Auditing organization risks
TYPES OF AUDIT
PROGRAM
ANUSHKA KEDIA144/22C
1. STANDARD AUDIT PROGRAM
2. MODIFIED AUDIT PROGRAM
3. TAILOR MADE AUDIT PROGRAM
4. AUDIT PROGRAM WITH CHECK LIST
The following items should be included in an audit programme :
•Name of the client
•Audit commencement of data
•Duration of audit
•Accounting system of the client
•Internal control system
•Previous auditors report
•Links planning and execution
•Provides framework for supervision and accountability
•Helps transfer expertise to junior staff
•Facilitates administrative control
Advantages of Audit ProgrammeSupervision and Distribution and Uniformity of Work
Basic Instrument for Training
Legal Evidence
Fixation of Responsibility
Several Audits may be controlled
Easy Transfer
Final Review
Useful for Future
Disadvantages Of Audit Programme
Disadvantages
Not Comprehen
sive
Rigidness
No Initiative
Too Mechanical
Not Suitable for
Small Business
New Problems
over Looked