The purpose of this work program is to provide the general steps used to perform an audit of purchasing, A/P, travel and entertainment, including the use of data analytics.
Project work steps include: conduct project planning, scope setting, and auditee requests/coordination; develop work program & other reporting templates; coordinate meetings with key process personnel; review known best practices for initial benchmarking in the focus area; identify CAAT tests and request system data for CAAT testing; obtain and review written and "desktop" policies and procedures and organization charts for each area; etc.
Risk & Control Matrices - RCMs
Accounts Payable RCM
Procurement and Accounts Payable Audit Work Program