QIA: Conducting Internal Audit Engagement (Prepared by: MAC-PUSING)

Anotações:

• This is what will the auditor does after the engagement :  "-O-nly    -C-an    -R-est"

1. *Opinions
2. Conclusions
3. Recommendation

1. Audit Evidence
   1. Sources
      1. Internal S.
         1. Audit Customer
      2. External S.
         1. 3rd Party
   2. FORMS (4)
      1. Physical E.
         1. Photos
         2. Maps
         3. Video
         4. More Reliable
      2. Documentary E.
         1. Acctg.Records
         2. Letters
         3. Invoices
         4. Can Be Forge
      3. Representation E.
         1. Using Q & A
         2. Backed up by Supporting Docs.
      4. Analytical E.
         1. Analysis & Computation of I.A
2. Legal Evidence
   1. TYPES
      1. best Evidence
         1. original writing
      2. Secondary Evidence
         1. Copy or Oral
      3. Direct Evidence
         1. Support Truth
      4. Conclusive Evidence
         1. Point to only one
      5. Circumstantial
         1. Proves Fact Indirectly
      6. Corroborative
         1. Supports Other Evidence
      7. Opinion
         1. From Expert
      8. Hearsay
         1. First hand exist
3. FACTORS IN OBTAINING AUDIT EVIDENCE
   1. TIMING
      1. Ex: Eletronic Data (time is of the essense)
   2. CONFIDENTIALITY
      1. by virtue of the Code of Ethics
   3. ACCESS TO DATA
      1. I.A. in any case has all the right to access to Information and that is the FACT