Audit Methodology

In this part of the Practice Guide, auditors will find:

a list of key audit questions that can be used during the audit selection and planning phases of the audit to acquire knowledge of business and assess risks;
a list of potential indicators that efficiency is at risk in an organization or a program;
guidance on key questions to consider when determining the focus and approach of an audit of efficiency;
examples of audit objectives and criteria for various focus areas that can be included in audits of efficiency;
examples of audit procedures that can be used during the examination phase of audits of efficiency;
guidance on key aspects to consider when reporting the results of an audit of efficiency and on effective ways of presenting audit observations; and
a description of some of the common challenges to auditing efficiency and suggestions on how to overcome these challenges.

The Audit Methodology part of the Practice Guide also highlights good practices under each of the topics discussed.

Finally, auditors can consult a list of references and use links to quickly access audit reports and other relevant documents on efficiency.