Design a paper explaining why audits are conducted


Problem: In three thousand words design a paper explaining why audits are conducted and the roles of the audit team members (including external experts/ specialists).

Explain, in detail, the procedures that would be carried out to organise, complete and report on an audit.

As part of the process, meetings will need to be held. Give examples of the types of meetings that might be held, their purpose, and what might be included on the agenda of the meetings.

What reports might be made because of the audit?

In what format and to whom will reports be presented?

What legislation, codes of practice and quality standards apply to auditing?

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Accounting Basics: Design a paper explaining why audits are conducted
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