Drafting of Internal Control Programme

Sir, how is an audit programme to be drafted? Kindly explain so that apart from the below question, no difficulty is to faced in solving other questions as well.
Q: Draft an internal audit programme for carrying out audit of over the counter sales of a cell phone outlet at a big mall.

1 answer

Auditguru Staff March 10, 2018

there is no standard format or flow for such questions. you have to imagine about that particular business ans write auditing procedures for test of controls / important incomes, expenses & assets.
so i will suggest take quick look at such answers divide points given in 4 areas

  1. General Overall Audit Procedures including Test of Controls
  2. Audit of Major Incomes
  3. Audit of Major Expenses 
  4. Audit of Major Assets

and try to retain as many as points which are possible


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