Consolidation of Finance Functions Audit Work Program

The purpose of this work program is to provide the general steps used to perform an audit on the consolidation of finance functions. This document provides the audit steps needed to address the finance functions associated with the accounts payable accounts receivable, accounting operations, payroll, cost accounting, information systems, human resources and transfer pricing departments.

Evaluation criteria include: 

• Identify key management sponsors and other individuals who will be directly affected by the audit and send a formal notification memo approximately 2-4 weeks prior to the beginning of fieldwork.
• Communicate objectives, timing and expectations of the degree of assistance required of personnel.