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What Are The Advantages And Disadvantages Of Audit Program?

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Amen Bukhari Profile
Amen Bukhari answered
The principal is kept in touch with the work performed by auditor's staff. The work may be divided among individuals according to their respective abilities. The auditor is enabling more effectively to control the progress of several audits simultaneously. Responsibilities can be fixed by means of the initials of each clerk against the particular of work performed by auditor. There is a written program helps even a new or inexperienced auditor to work effectively with less personal supervision. Uniformity of the work is ensured as the audit program can be adopted as a basis for subsequent audit.

Work began by the clerk who is unable to continue can easily taken in by another clerk, as the new clerk can readily ascertain what has been done by his predecessor. The principal can see at any time what art of the work has been completed and what remains to be done and in this way he can judge the efficiency of his staff and supervise their work.
A record of proper performance of auditor duties is always available to him in form of audit program and if an action is brought against him in court of law for negligence. An audit program will be a good evidence for the work performed during the course of audit.
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Anonymous answered
Audit has give many advantages do different class.the error whether by committed innocently or intentionally are discover by audit and its presence prevent their occurrence in future because errors are located at an early stage ,suh errors and mistakes,just like errors.the frauds discover by audit and its presence
Amen Bukhari Profile
Amen Bukhari answered
The work of the audit may be become too mechanical and particular parts may be executed without proper regard to the object of such parts in the whole scheme. The program often tends to become rigid and inflexible following the set patterns, the business change in its operation or conduct but the old program still carried on. Changes in the staff or internal check may render precaution necessary at different points from those originally decided upon.

Audit program may lose sense of responsibility of the audit staff as they carry out the work in an automatic manner. New matters of importance arising between one period and another may be overlooks. It may discourage the initiative on the part of the audit staff. It does not encourage the audit staff to suggest improvement in plan or procedures for work and thus may be less effective in long run.

If the principal impresses upon the audit staff that the program set out id basic upon which the audits is to be conducted and they must use their intelligence when carrying it out, and they should not be encouraged to make surprise checks outside the audit program and to recommend additions and improvement in the scheme.

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