The objective of this work program is to assess whether accounting reconciliations are performed accurately and discrepancies are reconciled.
Audit steps include: discuss nature and scope of audit with key ABC personnel; discuss timing with key management; schedule timing with auditee; finalize audit program; schedule staffing as appropriate; create summary scorecard for each process reviewed; using the standard report template, create the internal audit report (including a compilation of findings resulting from the work performed); and hold a closing meeting with key company management to review draft internal audit report and findings.
Policies & Procedures
Account Reconciliation Policy
Methodologies & Models
Process Classification Scheme (PCS)
Checklists & Questionnaires