Please enable JavaScript.
Coggle requires JavaScript to display documents.
AUDIT FUNDAMENTALS, CONTRIBUTION OF DANIELA GUADALUPE VILLALPANDO CARPIO -…
AUDIT FUNDAMENTALS
FUNCTION
Check if everything is present, correct and that all the necessary records exist.
SCOPE
Public sector
: it is used based on the legal status, powers, scope of operation, level of authority, coordination relationship, work system and general lines of strategy.
Private sector:
is applied taking into account the legal figure, object, type of structure, coordination elements, area of influence, business relationship and strategic thinking.
Social sector:
is applied to evaluate aspects such as: promotion of the right to education, housing, work, health, economic development and social protection.
METHODOLOGY (ADMINISTRATIVE AUDIT)
Planning, Instrumentation, Examination, Report and follow-up.
AUDITOR SKILLS:
Positive attitude, capacity for analysis, negotiation, observation, ethical behavior, objectivity, awareness of their own values and their environment, etc.
PRELIMINARY DIAGNOSIS
Justify the need to audit.
Determine the scope of the audit.
Determine the actions to address the priorities detected.
Establish criteria to coordinate actions.
Quantify the needs of human, material, financial and technological resources.
Form the audit team and assign responsibilities.
Develop the framework.
Tentatively select financial and management indicators.
Define the body of techniques to capture information.
Select approaches to analyze and manage information.
Specify the decision, supervision and control mechanisms.
Specify the form and periodicity to report progress.
PROFESSIONAL RESPONSIBILITY
The auditor must carry out his work using all his capacity, intelligence and criteria to determine the scope, strategy and techniques to be applied in the administrative audit, as well as evaluate the results and present the corresponding reports.
PRELIMINARY INVESTIGATION
• Determine specific needs.
• Identify the factors that require attention.
• Define action strategies.
• Rank priorities according to the end pursued.
• Describe the location, nature and extent of the factors.
• Specify the auditor's profile.
• Estimate the time and resources necessary to meet the defined objective.
TYPES OF AUDIT
Internal:
It is carried out by an employee of the same company, what the internal auditor issues as a result of his analysis will be useful to the business authorities.
External:
By not working for the company, a more objective view of the company's real financial situation is expected from him.
CONTRIBUTION OF DANIELA GUADALUPE VILLALPANDO CARPIO