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Audit Techniques Guide

Audit techniques include various methods used by auditors to evaluate organizations, such as general studies to analyze operations, analytical approaches to examine specific areas, inventory inspections, validation of financial data, collecting data through surveys and interviews, practical evaluations of daily operations, verifying calculations, and producing formal audit reports with conclusions.

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Samantha Gonzalez
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68 views2 pages

Audit Techniques Guide

Audit techniques include various methods used by auditors to evaluate organizations, such as general studies to analyze operations, analytical approaches to examine specific areas, inventory inspections, validation of financial data, collecting data through surveys and interviews, practical evaluations of daily operations, verifying calculations, and producing formal audit reports with conclusions.

Uploaded by

Samantha Gonzalez
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

AUDIT TECHNIQUES

1. Valuation or general study. 4. Formal validation. 7. Carrying out checks.


It allows to evaluate in a broad plane the The auditor has different methods or In the numerical and more intrinsically
nature of the evaluated organization, as techniques to validate and confirm economic aspect, the auditor must have
well as its operation in relation to its different ratios or results that a company arithmetic calculation techniques.
main activity. presents. Its objective will be to verify and give
empirical validity to the data produced by
the audit.
2. Analytical motivation. 5. Company data collection.
Within the evaluation work, there are Through surveys, interviews or 8. Certification against third parties.
more detailed approaches focused on monitoring of an organization's staff, the Every audit process ends with the
more specific phases or segments. auditor collects new analysis data in creation of formal conclusions that
order to draw its conclusions. identify the strengths and weaknesses of
the observed entity. In other words,
3. Inspection and valuation of certifications of said0work are prepared in
inventories. 6. Practical evaluation.
0 the form of audit reports.
There are analytical tasks focused on the Beyond financial data or the evaluation of
control and analysis of inventories. economic data presented, auditors often
carry out tasks of observing the daily
They focus on monitoring the company's
activity of the company and the
assets, its merchandise storage or its use
processes that it encompasses.
of stock.

0
SUMMARY
Audit techniques are those procedures and methodologies undertaken
by the person responsible (auditor) for evaluating or analyzing
(auditing) an organization.
It covers all the approaches used by a professional auditor when
carrying out his work. In addition, they are conditioned and adaptable
to the different types of company or organization subject to this
analytical process.

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