Maritime Audit
General concepts
It is to verify that the financial, operational and administrative information is reliable, truthful and timely.
It is the exam, based on selective tests.
It is to check that the facts are given as planned.
objective
conduct an examination of the information.
express an unbiased and independent opinion on rationality.
formulate opinions, comments, observations and recommendations.
Operational Audit
Know the degree of efficiency, effectiveness and economy of public management.
Determine the reasonableness and accuracy of financial information.
Rules governing the State Audit:
Rules relating to the Auditor.
Rules relating to Planning.
Standards relating to the Audit Report.
The auditor must
Maintain absolute objectivity
Be respectful and courteous to agency staff.
Possess professional training, technical capacity and experience proportional to scope.
Standards Relating to Execution
It must be formally accredited before the respective body.
the body's internal control should be evaluated
must evaluate compliance with laws
The auditor should organize a complete and detailed record.
Audit reports
It consists of three paragraphs containing standard phrases and terminologies with a specific meaning.
Definition of Processes
Make a series of objective observations and a complete analysis of operations..
review of certain administrative aspects.
philosophy of operational auditing
Knowledge and familiarization of operations and operational problems.
Analyze, examine and evaluate the controls that ensure the efficiency of the operation.
Final report where the main recommendations and suggestions are mentioned.
Objective
Recommendations to improve or anticipation of future events.
Identification of opportunities for improvement.
Process Review
must organize and document appropriately.
That the work is registered in a way that allows its review.
the work must be properly planned.
Work papers
set of certificates and reliable documentation containing the data and information.
It is recommended that the suggestions are described after the identified risks or deviations are pointed out.
Administrative audit
Examination of the administration, both in its policies and procedures and in its pre-established goals and objectives.
It consists of evaluating the foundation of the administration.
determine what I know is actually doing at the managerial levels.
Job Papers
comprise all the documents prepared or received by the public accountant
must establish and keep the working documents that may constitute the proper evidence.
they are prepared in accordance with Generally Accepted Auditing Standards.
They may be examined by state entities and by officials of the jurisdictional branch.
Objective
Facilitate report preparation.
Check and explain the opinions in detail
Coordinate and organize all phases of the work.
Recommendations
be prepared in accordance with the requirements of an administrative audit.
consider the personal experience of your members.
acquire the maturity of judgment necessary for the exercise of their function.