In this work program sample, we provide best-practice steps for the purchasing audit process. The detailed steps in this document provide an understanding of the purchasing process, including how to create process maps, review departmental policies and compare current practices to best practices.
Audit steps include: create a summary scorecard for each process reviewed; using the standard report template, create the internal audit report (including a compilation of findings resulting from the work performed); hold a closing meeting with key company management to review the draft internal audit report and findings; and compile test work and key support data.
Risk & Control Matrices - RCMs
Payroll and Benefits RCM
Policies & Procedures