Each edition of Audit Tips highlights good practices and provides practical advice for performance auditors on a selected theme.
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The COVID-19 crisis is triggering unprecedented and trying times for our society and we will all feel its reverberations for years to come. Auditors are also affected and must take stock of how they will manage through this challenging time. Although COVID-19 presents auditors with some challenges, it also brings some opportunities. This edition of Audit Tips provides advice on how auditors can adapt to the current crisis.
Read more...When auditing an oversight body such as a board of directors, a council, or a committee, it may be challenging at first to determine what the audit should focus on. However, minutes and other basic documents can include clues that can help you decide where you should be targeting your examination. In this Audit Tips, we present a list of 10 indicators that oversight may be at risk.
Read more...Public sector auditors work in a rapidly evolving environment and need to be aware of how new technologies could impact their practices. Blockchain technology is an example of an innovation that has the potential to change how audit organizations collect audit evidence and manage their data. This Audit Tips highlights four opportunities that Blockchain technology opens up for public sector auditors.
Read more...An effective audit recommendation guides the actions needed to correct the problems identified in the audit’s observations. Drafting effective recommendations is a challenging task that requires much thought, discussion, and professional judgment. To help auditors with this task, we have compiled a list of questions that they can consider when writing audit recommendations.
Read more...When reviewing documents, conducting interviews, or visiting sites during the planning phase of an audit of efficiency, performance auditors may come across information or situations that suggest that the achievement of efficiency is at risk in a given program or organization. In such cases, auditors should document their observations and obtain additional information as required.
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