Internal Audit Department

Scheduling an opening conference to discuss audit objectives, timing, and intended report format and distribution. Internal control, petty cash and EDP questionnaires are distributed at this time to management for completion.
Evaluating internal controls.
Testing to ensure that internal controls are functioning as intended.
Additional testing as deemed necessary.
Distributing a draft report to management for review and response to findings.
Reviewing audit issues and recommendations with management.
Preparing and distributing a final report to the President, appropriate Vice President and management. The audit report will generally include management's response to the issues raised.
Following up to ensure ALL issues in the audit report have been addressed.

Text Only Options