The best technique of audit in an organised business is
Answers
Answer:
Inputs: auditors should hold appropriate values, ethics and attitudes; and they should possess the knowledge, skills, experience and time to perform audit work;
Process: auditors should follow a rigorous audit process and quality control procedures that apply with laws, regulations, and standards;
Output: auditors should produce documents, in the form of reports and information, that are useful and timely;
Contextual factors: auditors should consider the role of conditions such as business practices, information systems, corporate governance, cultural factors and the legal and regulatory environment when carrying out their activities;
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Explanation:
· We've compiled our best tips to help you have a smooth audit: Assess changes in activities. Learn from the past. Develop timeline and assign responsibility. Organize data. Ask questions. Perform a self-review. Be available during fieldwork. Evaluate results.