Auditing Procedure

Auditing Procedure

Any tactic used by an auditor to identify inefficiencies, reduce costs, and otherwise achieve organizational objectives. Examples of auditing procedures include reviewing documents, interviewing officials and checking irregularities. See also: Auditing process, Audit, Attest function.
References in periodicals archive ?
In related news, Swets announced that its SwetsWise Online Content passed the auditing procedure for Release 3 of the COUNTER Code of Practice, which provides standards for the streamlining and standardization of usage measurements for digital information products.
What makes Bell and Ponemon's innovation so newsworthy is that for the first time in history, the ethics auditing procedure would be carried out not by operatives in professional goody-two-shoes organizations such as the CEP, but by employees of Bix Six accounting firms.
* Identifies six factors auditors should consider in determining the nature and extent of the documentation appropriate for a particular audit area or auditing procedure.
96, Audit Documentation Nature and extent of documentation Provides no explicit guidance Identifies six factors the auditor other than a mention of some should consider in determining factors at the engagement level the nature and extent of the that affect the auditor's judgment documentation for a particular regarding the quantity, type and audit area or auditing procedure. content of working papers.
Confirmation of accounts receivable has been a nearly sacrosanct auditing procedure for over 50 years.
An Auditing Procedure Study (APS), Implementing SAS No.
the audit will be performed in accordance with the international standards on auditing as promulgated by the international federation of accountants and will include such tests and auditing procedures as the auditor considers necessary under the circumstances.
Jiao presents students, academics, and general interest readers with the second edition of his comprehensive examination of the theory and practice of internal and external police auditing procedures. The author has organized the main body of his text in nine chapters devoted to police auditing in general, the theoretical model of police auditing, practical standards, practical procedures, the variety of police audits, the role and responsibilities of independent police auditors, and a wide variety of other related subjects.
Under certain circumstances, plan management is allowed to instruct the auditor to limit the scope of auditing procedures on investment information that has been certified by qualified institutions as complete and accurate.
"The government is resolved to enforce tougher internal auditing procedures to avert any waste of public money," they said.
Categories: Government Operations, Accountability, Audit oversight, Auditing procedures, Financial analysis, International cooperation, International relations, Mission essential operations, Performance measures, Quality assurance, Quality improvement, Requirements definition, Standards, Strategic planning
The auditor must apply professional judgment in the selection and application of auditing procedures. Professional judgment requires the application of the auditor's training, knowledge, and experience, in tandem with professional literature and the facts, circumstances, and economic conditions surrounding the audited enterprise.