Audit Cycle


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Audit Cycle

The period of time during which an audit is conducted. An audit cycle varies depending on the type of audit being made. For example, the audit cycle for a tax audit by its nature begins after tax returns are filed (or are supposed to have been filed).
References in periodicals archive ?
audit cycle begins for three years with the beginning of the audit of the
With "audit-ready" documentation and processes in place, they've accelerated audit cycle timing and results across North America, Europe, and South America.
Clinical audit cycle identifies every step, responsibilities and purpose from the outset (Figure 1).
Participants will also need to demonstrate the benefits to the internal audit department and to the organisation by implementing best practices in terms of effective use of IA resources, reduced audit cycle time, tangible cost savings, employee satisfaction, communication and adaptability to changing organisational needs and audit related benchmarking.
The purpose of this Request for Proposal (RFP) is to solicit sealed proposals to establish a contract through competitive negotiation for the provision of a comprehensive audit management software solution designed to provide functionality for managing the complete audit cycle, from annual audit planning (risk assessment) to audit follow-up activities, including tracking time spent on these and other audit activities, as well as associated training, implementation, maintenance, and other support services.
Option 1 - organizations can transition within their current ISO/TS 16949:2009 audit cycle, i.
To strengthen IOSA, the global standard for measuring operational safety, IATA is transitioning this year to "Enhanced IOSA", which introduces continuous monitoring across the two-year audit cycle.
Designed to assess operational safety, the intensive five-day audit is the sixth one successfully completed by Gulf Air since 2005, in line with IATA's two-year audit cycle.
Designed to assess operational safety, the intensive five day audit is the sixth one successfully completed by Gulf Air since 2005, in-line with IATA's two-year audit cycle.
In addition to an article from the US Coast Guard about increased asset visibility and articles from the Departments of the Army and Navy regarding audit readiness, the US Army Corps of Engineers (USACE) provided an article with information concerning key USACE activities associated with their overall annual audit cycle.
With regard to the timing of the discharge summary, this was found to have significantly improved from the previous audit cycle.
Verifiers Ernst & Young awarded the certification after a series of evaluations that were part of a three-year audit cycle that covered the fulfilment of prerequisites, a pre-audit assessment and an onsite audit.
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