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OPERATIONAL AUDIT - Coggle Diagram

- - - - Operational auditing is essentially a way of thinking, a method of
        Approach.
    - - Operational auditing is no different from internal audit; is a meamer application of the
        modern internal audit techniques to all activities of a company, and is characterized (in both areas, financial and operational) by the focus and guidance
        Auditor.
  - - - It deals with administrative controls that are exercised over all phases
        and its purpose is to determine whether the established controls are the
        adequate and if they are effectively meeting the objectives
    - - In assessing performance, the auditor generally directs the
        quantitative information it contains to measure effectiveness, effectiveness and economy
        with which the work has been carried out.
        
        Personal
        
        workload
        
        Quality
        
        Productivity
    - - The main objective of the operational audit – management-oriented audit – is to
        to help managers and directors at all levels of the company.
      - The management-oriented auditor should be prepared to assist
        directors in their four primary roles:
        
        Organization
        
        Address
        
        Planning
        
        Control
  - - - Operational auditing is important because it is the instrument of subsequent control
        administration in general.
- - - - In reviewing these policies and procedures, consideration should be given to
        topics below
        
        Fitness.
        
        Compliance.
        
        Coherence.
        
        Effectiveness.
  - - - The auditor's ability to accumulate,
      - organizing and analyzing information of an operational nature is so important in
      - operational audits and financial audits.
- - - - b. Legal framework
      - c. Organization
      - to. Information gathering
      - d. Operations
      - f. Control
      - e. Financing
      - g. Additional Information
  - - - Minimum Activities to Understand the Audited Entity
        
        Clearly determine the primary mission of the entity, body or
        public company
        
        Determine the operations or activities of importance to achieve the
        main objectives and purposes of each activity.
        
        Determine if the initial objectives have changed over the course of the
        weather.
        
        Clearly determine the regulation of a legal nature
        
        Determine why the entity was created
        
        Review only documents that contain general provisions
  - - - The unlimited scope of the operational audit addresses the problem regarding a
        entity, which in order to evaluate it in its entirety requires several
        years of audit.
    - - The internal operational control for an entity or a certain area, implies a
        process whose elements are the following
        
        The Development of Goals
        
        Measuring Results
        
        Comparison of Actual or Actual Performance with Objectives and Goals
        Proposals
        
        Analysis of the Causes of the Different Deviations
        
        Determination of Appropriate Management Action
        
        Taking Action
        
        Continuous Review
    - - are the ones that present
        internal control weaknesses and will select within these the most important relative and that they have the necessary conditions to direct efforts towards them
        operational audit.
- - - - Introductory Information (Introduction)
      - Audit Results (Individual Chapters on Findings of
        audit)
        
        Condition
        
        Criteria
        
        Conclusion
        
        Effect
        
        Cause
        
        Comments from responsible officials
        
        Recommendations, including any action already taken in this regard
      - Synthesis or summary of the report (Executive Summary)
      - Annexes (where deemed necessary)
  - - - Accurate, sufficient and adequate sustainability
      - Conviction
      - Utility and Opportunity
      - Objectivity and Conciseness
      - Importance.
      - Integrity
      - Constructive Tone
  - - - Activities comprising the Detailed Review of Critical or Weak Areas
        
        Gathering additional information through interviews, inspections
        Physical
        
        Determining the accuracy, reliability and usefulness of the information
        area for use by the management or management of the entity.
        
        Careful review of information collected in previous phases
        related to the selected critical area.
        
        Classification of possible measurement criteria that may be used (Laws, decrees, resolutions, rules, policies, objectives and goals
        established in the programmatic budget
      - Audit Programs for critical area review
        
        Previous activities can be reflected in a programme of procedures
        operational audit to develop Phase IV
      - Features of the Operational Audit Finding
        
        The Effect
        
        The Cause
        
        The Criterion
        
        The Condition
      - Conclusions and Recommendations on HAO
        
        The Conclusion is the synthesis drafted with objectivity and impact, of the
        characteristics of the finding (condition, criterion, effect and cause).
        
        Recommendations are the suggestions made by the Auditor for correct or improve the effectiveness, economy and efficiency of the operations involved in the finding.
      - WORKING UTILITIES
        
        Demonstrate the strength and professional quality of Audit work.
        
        Allow monitoring of audit work.
        
        Provide sufficient information for the preparation of the Report
        Operational Audit
        
        Competently support and demonstrate operational audit findings,
        conclusions and recommendations
        
        Guide the conduct of subsequent Operational Audits
      - Work Papers File
        
        Current file is composed of the work papers of interest
        audit are therefore not for
        
        Permanent File is composed of working papers for use
        necessary in subsequent audits such as:
        
        Policies
        
        Procedures
        
        Provisions
        Legal
        
        organization of the entity
        
        valuation of
        internal control