Are they the audit phases?
Are they the ways that each auditor deals with specific subject?
Amna Bouhoreira
Although there are few differences, it is important to highlight that there are basically two types of audits: Internal or Independent.
Internal auditing is an independent and objective assessment and consultancy activity, created to add value and improve an organization's operations. It helps the organization achieve its objectives by applying a systematic and disciplined approach to evaluating and improving the effectiveness of risk management, control and governance processes.
This is a definition commonly used by the Institute of Internal Auditors (The IIA Global) to define audit activity.
IIA Global issues Standards for carrying out internal audit work that are currently under review.
I suggest you take a look at The IIA Global website (https://www.theiia.org) and search for the new Standards. There you can find in detail all the steps for carrying out an audit.
Another option is to look on standards websites (ISO), for example, to check standards for carrying out audits.
Hope this helps.
Thank you William Claudio Alves Julian I shall visit the websites you recommended, however, I am trying to demonstrate what considered a practice in public sector auditing? the procedures? the way that each auditor perform an audit procedure? or the types of audit conducted in public body?
Do you have any idea?
Amna Bouhoreira, I will send you material that, in my opinion, can help you answer these questions.
In any case, let me know if you still have any questions or if there's anything I can add, ok?
Audit practices encompass the methods and procedures employed by auditors to scrutinize and assess an organization's financial records, operations, compliance with laws and regulations, and internal controls
- Badges
- Science topic
- Similar topics
- Linguistics
- Composition Studies
- Writing