Spending Authority Review Audit Work Program

Enhance your organization's spending authority review audit process performance with the steps and considerations included in this work program. 

Project work steps include: through the use of inquiry and transaction testing, gain an understanding of the company’s internal controls surrounding spending authorizations; perform testing and analysis on sample disbursements to determine compliance with spending authorization policies; identify control weaknesses and make recommendations for improvement; conduct a planning meeting to discuss the scope, approach and timing; determine a period time frame to be examined; and determine the appropriate auditee contact(s).