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

Audit objectives include: 

• Ensure that requisitions are authorized and comply with corporate limits
• Ensure that proper purchase order authorization limits are not being circumvented by identifying split purchase orders
• Ensure transaction validity and accuracy by identifying quantity mismatches
• Identify vendor records with critical fields that are blank