Audit Process 3

Assess Risk of Audit Area

Research Best Practices and Benchmarks

Analyze Survey and Assessment Data to Continuously Improve Process and Professional Competencies

Notify Auditees

Formulate Audit Plan

Risk Assessment

Identify Potential Key Issues and Area of Concern

Discuss Audit Outcomes

Staff and Manage Each Audit

Issue Interim Reports

Plan Audit and Communicate Scope

ANNUALLY

BY PROJECT

Follow Up

Report To All Relevant Parties Action Plan to Mitigate Risk

Ratification od Audit Plan

ONGOING

Auditor and Audit Assessment and External Benchmarking

Research Audit Area

Identification of Audit Universe

Validate and Review Data and Information

Survey Auditees