Chapter 4 & 5 Situational Flashcards
What would you do if the auditee disagrees with a finding?
Stay calm
Stay focused on the issue
Explain that the auditee has an opportunity to respond to the issue
Explain that the findings as discussed are not final
Listen patiently and attentively
Accept additional documents the auditee may want to provide
Let the auditee know that your supervisor is available to talk
If you were assigned an audit but only had limited resources, what would you do?
Understand the task and identify critical constraints
Develop work plans for resource allocation
Contingency planning
Discuss overtime with management.
Hire contractors
Rearrange priorities
What would you do if the auditee refused to provide you with accounting records?
Discuss the importance of the records
Determine the reason access is denied
Discuss impact of non-compliance
Suggest alternatives such as returning at another date to allow time to obtain records
Contact and discuss with your supervisor.
Describe the steps to implement a new audit program?
Determine goal/objectives
Gather all laws, rules, and regulations
Identify resources available, people, computer, space, etc.
Assess staff skills/strengths and weaknesses
Determine timelines
Identify the pros and cons
Develop alternatives
Present to management
How would you organize an audit package?
Preliminary Section
Field Audit Work Papers Section
Report Section
Permanent File Section
You have been assigned the audit of a new state agency, what step would you take to plan the audit and what resources are available to you for information (internal/external)?
Review program publications issued by the agency
Review publications on the agency
Contact employees at the agency
Use the internet to research the agency
Review the agencies website
Review program regulations and laws
Discuss with manager
Discuss with other auditors
As an AIC you have a subordinate that is not cooperating, what would you do?
Set clearly written and realistic standards, objectives
Discuss with manager
Communicate with subordinate
Further training if necessary
Monitor
Discuss with manager regarding disciplinary or adverse action if necessary
