* The Comprehensive Quality Assurance Checklist present in the Audit Working Papers Kit covers all the phases of audit. This checklist is the master guide for assuring the quality of audit processes throughout the audit cycle. RESPONSIBILITES Guideline AO/Assistant Deputy Director Director Reference Director Director General Planning 5.3 Review that Planning has been carried out as per the R S recommended planning process FAM 15.3.6 Assigning Appropriate staff, required strength and P R skill set of the audit team FAM 15.3.7 Preparation, revision and approval of the Audit P R A Budget. 5.30 Ensuring that audit programs are in place as P R required in Audit Policy Checklist Execution 5.8 Ensuring revision of the planning decisions, if P R A required Supervision of all phases of execution as per the tasks assigned in P R-S “key tasks related to execution phase” list. To ensure review of audit P R S working paper files 6.16 To ensure executing audit steps as per the Audit P R S Programs. Ensuring reporting and monitoring of audit P R-S activities with reference to task list.” “execution Evaluation & Reporting 7.3 To ensure detailed review and approval of monetary errors, compliance with P R-S A P authority Violations and internal control deviations found.
* The Comprehensive Quality Assurance Checklist present in the Audit Working Papers Kit covers all the phases of audit. This checklist is the master guide for assuring the quality of audit processes throughout the audit cycle. Guideline Reference RESPONSIBILITES AO/Assistant Director Deputy Director Director Director General Planning 5.3 Review that Planning has been carried out as per the recommended planning process R S FAM 15.3.6 Assigning Appropriate staff, required strength and skill set of the audit team P R FAM 15.3.7 Preparation, revision and approval of the Audit Budget. P R A 5.30 Ensuring that audit programs are in place as required in Audit Policy Checklist P R Execution 5.8 Ensuring revision of the planning decisions, if required P R A Supervision of all phases of execution as per the tasks assigned in “key tasks related to execution phase” list. P R-S To ensure review of audit working paper files P R S 6.16 To ensure executing audit steps as per the Audit Programs. P R S Ensuring reporting and monitoring of audit activities with reference to “execution task list.” P R-S Evaluation & Reporting 7.3 To ensure detailed review and approval of monetary errors, compliance with authority Violations and internal control deviations found. P R-S A P
Commercial%20Audit%20Guidelines-Final%2025%20Mar%202010%20.docx