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Are there Different Kinds of Audits?
Yes, dependent on the
investment of time, effort and money you are willing to spend, you may
choose to perform a full audit, an overview, select sections, or set
limitations. Your ability to integrate and implement changes as well as
face critical business needs should be considered when selecting the
audit criteria. It should be noted that regardless your selection,
there will be areas of overlap and items included that may not appear in
the lists below.
Unless a full audit is
performed or financial analysis specifically requested, the financial is
treated as an overview. Full financial audits should be performed
through your accounting resource. The time necessary to perform the
audit will depend on the size of the organization, availability of the
team and interviewees, areas audited and the depth of the audit.
You will find a full listing and descriptions in the navigation bar
at the left. |