OFFICE OF THE AUDITOR GENERAL AUDIT PROCESS OAG Initiated Audit
Audit Request OAG
Identify program to be audited based on the following factors:
OAG
Receive audit request
1. Potential for cost savings & service improvements 2. Evidence of problems or wrongdoing 3. Risk of loss, fraud, or corruption 4. Legislative or public interest 5. Financial significance or condition
Accept Request? NO
Identify audit objectives, issues and scope
YES
YES
Notify requestor and/or refer request to another department
Auditee Meet with OAG to discuss audit
Provide information to OAG Obtain an understanding of auditee mission activities and organization
NO File assessment results
Set up entrance conference with auditee
Evaluate request
Risk Assessment
Conduct Audit?
Preliminary Survey
Notify affected Auditee
Develop Audit Program
Begin preliminary survey
Begin Fieldwork
Notify affected Auditee
OFFICE OF THE AUDITOR GENERAL AUDIT PROCESS Fieldwork
Audit Report
OAG
Auditee
Gather evidence and develop work papers
Provide information to OAG
Audit workpapers
OAG Draft report of audit findings and recommendations
Constant communication between auditor and auditee
Computer Storage
Frequent review of evidence gathered for consistency with audit objectives
Revise Report? NO
Begin drafting audit report
Quality review of work papers and draft report by audit supervisor
Submit draft report to auditee and set up formal exit conference
File storage
Present preliminary audit findings at fieldwork exit conference
Auditee
Provide additional information if necessary
Finalize report
YES
Revise and Finalize Report
Review comments from Auditee
Provide additional information if necessary
Review and comment on draft report at exit conference Develop and submit written response within 10 days
OFFICE OF THE AUDITOR GENERAL AUDIT PROCESS Issue Final Report OAG
Auditee
Oversight Committee
Receive Audit Report
Receive Audit Report
Develop and submit corrective action plan to address audit findings
May request briefing from Auditor General
Budget & Finance Committee
Issue final Audit Report
Initiate the Corrective Action Plan (CAP) Process
Receive Audit Report