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    6000 Appendix 6000.: 2 Flowchart of Local Audit Project Process

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    Niken Rindasari
    The document outlines the local audit project process at the University of California. It begins with the Internal Audit Director focusing on projects identified in the local audit plan or receiving unscheduled management requests. Then, the auditor performs fieldwork by examining business activities according to the audit program. Finally, the audit report is distributed to the client and follow-up is conducted on corrective actions.

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    6000 Appendix 6000.: 2 Flowchart of Local Audit Project Process

    Uploaded by

    Niken Rindasari
    111 views1 page
    The document outlines the local audit project process at the University of California. It begins with the Internal Audit Director focusing on projects identified in the local audit plan or receiving unscheduled management requests. Then, the auditor performs fieldwork by examining business activities according to the audit program. Finally, the audit report is distributed to the client and follow-up is conducted on corrective actions.

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    FlowchartofLocalAuditProjectProcess

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    The document outlines the local audit project process at the University of California. It begins with the Internal Audit Director focusing on projects identified in the local audit plan or receiving unscheduled management requests. Then, the auditor performs fieldwork by examining business activities according to the audit program. Finally, the audit report is distributed to the client and follow-up is conducted on corrective actions.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    111 views1 page

    6000 Appendix 6000.: 2 Flowchart of Local Audit Project Process

    Uploaded by

    Niken Rindasari
    The document outlines the local audit project process at the University of California. It begins with the Internal Audit Director focusing on projects identified in the local audit plan or receiving unscheduled management requests. Then, the auditor performs fieldwork by examining business activities according to the audit program. Finally, the audit report is distributed to the client and follow-up is conducted on corrective actions.

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    of 1

    UNIVERSITY OF CALIFORNIA INTERNAL AUDIT MANUAL

    6000 Appendix 6000.2 Flowchart of Local Audit Project Process

    Local Audit
    Project
    Process

    IAD receives unscheduled


    Internal Audit Director (IAD) management requests
    focuses on projects
    identified in local audit plan Investigation activities
    referred to IAD from LDO or
    Whistleblower calls

    IAD prioritizes Audit,


    Advisory Service, and
    Investigation projects

    Auditors follow UC Audit


    Manual and Professional
    Standards

    IAD or Manager assigns Auditor performs Audit results are Audit Report distributed
    projects fieldwork communicated to client to client

    Audit Detailed Reporting Follow-up


    Planning Work
    Auditor examines and Draft report issued to
    System-wide evaluates business System-wide
    client to assure factual
    Audit? activity in accordance Audit?
    accuracy
    No with audit program No

    Interview notes, testing Formal exit meeting is


    Audit notification is results, and conclusions held to discuss results
    sent to audit client and documented in Follow-up on
    entrance meeting held workpapers corrective actions

    Auditor obtains
    Preliminary scope and corrective action plan
    Audit Manager and IAD from client
    objectives are defined Update campus
    review audit workpapers Yes
    and discussed management on audit
    results and plan status

    Yes Final Audit Report is


    Auditor performs issued
    Auditor drafts audit report
    prelim audit survey IADs report plan
    activity and significant
    issues to SVP/CCAO

    Audit Program Audit Manager/IAD


    developed Final report sent to
    reviews draft audit report
    SAD Client Satisfaction
    Survey is distributed to
    client for completion
    Audit Program reviewed
    and signed off by Audit SAD drafts and
    Manager/IAD finalizes systemwide
    audit report

    SVP/CCAO - Chief Compliance & Audit Officer


    Audit program
    IAD - Internal Audit Director
    developed by
    LDO - Local Designated Official General Audit
    designated workgroup
    SAD - System-wide Audit Director
    Operating
    Process
    Audit Program
    reviewed by IADs

    University of California 6/14/2018 Page 120

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