Meaning Of Audit Program
An auditor prepares a plan after the selection of senior and junior staffs allocating the jobs to them, mentioning when to start, how to do the work etc. This plan is known as audit program.
An auditor should include all the procedures in written form, objectives of each sector and all the directions which are to be given to the staffs which helps to control their works and helps to implement such programs into action. Following are the facts regarding meaning of audit program:
* Audit program is a detailed work plan which includes the time of doing work and how to do the works.
* Audit program includes audit procedures
* Audit program estimates the duration to complete the audit task
* Senior staffs prepare audit program to junior staffs on the basis of nature of business
* Generally accepted points are included in the audit program
* Junior staffs put tick marks in the completed tasks
Things Which Are To Be Included In Audit Programs
Audit program is a detailed program which helps to guide and control the junior staffs. Audit program classifies the work of junior staffs which helps to complete the audit task without leaving any points. Audit program is prepared all the programs, nature and size of business, internal check and internal control. Following points should be included in audit program:
* Detail information of works of all the junior staffs like audit of bank/ cash book, purchase book, sales book etc.
* Auditor should prepare audit program considering the nature of client.
* Separate list of work assigned to assistant should be prepared by the auditor.
* Audit program should fix the time period to complete jib assigned to the assistants.
* Assistant should sign after the completion of his/her job.
