Accountancy, asked by sushmitaseth325, 1 month ago

what is audit programme and discuss its function?​

Answers

Answered by ItzBrainlyBea
0

An audit program, also called an audit plan, is an action plan that documents what procedures an auditor will follow to validate that an organization is in conformance with compliance regulations. ... The framework should explain the audit's objectives, its scope and its timeline.

Answered by ItUrBaby
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⠀⠀⠀⠀An audit program, also called an audit plan, is an action plan that documents what procedures an auditor will follow to validate that an organization is in conformance with compliance regulations.

The goal of an audit program is to create a framework that is detailed enough for any outside auditor to understand what official examinations have been completed, what conclusions have been reached and what the reasoning is behind each conclusion. The framework should explain the audit's objectives, its scope and its timeline. The audit program should also describe how working papers -- the documented evidence of the audit -- will be collected, reviewed and reported.

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\huge\mathfrak\fcolorbox{Grey}{pink}{✪\: \: ItUrBaby\: \:✪}

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