Purchase-to-Pay Cycle Data Analytics Audit Work Program

This eight-page work program utilizes data analytics to review the purchase-to-pay cycle, including the following steps: validation of authorization, exceptions to compliance thresholds, matching purchased goods to receipts, and extracting payments that occurred on a weekend.

Audit objectives include: ensure requisitions are authorized and comply with corporate limits; ensure proper purchase order authorization limits are not being circumvented by identifying split purchase orders; ensure transaction validity and accuracy by identifying quantity mismatches; and identify vendor records with critical fields that are blank.