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Agenda Package - 5-7-2012 Reg. Meeting
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Agenda Package - 5-7-2012 Reg. Meeting
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5/2/2012 8:49:10 AM
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651 <br />Best Practices <br />Best Practices Checklist <br />for Audit Planning <br />Develop and obtain concurrence on a written <br />plan to direct the planning phase, <br />The plan contains: <br />• Tasks to accomplish background research <br />• Risk assessment <br />• Development of: <br />— Objectives, scope and methodology <br />— Preliminary findings <br />Ensure audit management actively and constantly <br />participates and continually raises questions <br />After considering various methodologies, select ones <br />that will fully accomplish the audit objectives at the <br />least cost <br />95 fir' -"—mmCmn EGAPP, Inc. <br />Best Practices <br />Best Practices Checklist <br />for Audit Planning <br />Identify barriers to implementing the methodology <br />including location, availability, and reliability of <br />information and information sources <br />Periodically brief internal and external clients about <br />objectives, messages and potential outcomes <br />Proactively ensure client interest in the project <br />outputs <br />• Be responsive to the requestor's needs <br />• Help potential clients understand the usefulness and <br />benefits of the project <br />96 � = 0 Inc. <br />
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