- Understand the purpose, scope and audit criteria.
- Plans the audit.
- Perform the audit.
- Collect audit evidences.
- Analyze audit evidences.
- Follows up the action on audit findings.
What are the roles and responsibilities of the audit team leader?
The audit team leader is responsible for ensuring the requirements of the NGER Audit Determination and the other applicable standards are satisfied. The way in which this objective is achieved is at the discretion of the audit team leader.
Who are the audit team members?
In order to cover the necessary skills and expertise, audit teams are typically multidisciplinary and may include assurance practitioners, engineers, environmental scientists and financial, legal or corporate experts.
What is audit roles and responsibilities?
An auditor is an authorised personnel that reviews and verifies the accuracy of financial records and ensures that companies comply with tax norms. Their primary objective is to protect businesses from fraud, highlight any discrepancies in accounting methods, among other things.
What are audit teams?
An audit team represents one or more auditors responsible for jointly examining and evaluating particular case records. Audits can be assigned to an audit team or an individual auditor.
What is the role of an audit team leader?
There are additional roles and responsibilities for an audit team leader above those of an auditor and these are important to understand as a team leader and even as an audit team member. Developing the audit plan, including determining the audit objectives, scope and criteria with the audit client
What are the roles and responsibilities of team members?
Teams are usually selected or authorized by the Quality Council. A team normally consists of Team leader, Facilitator, Recorder, Timekeeper and Members. Each and every member have their own responsibilities. They play their role for the welfare of the team. Some of the roles and responsibilities of team members are briefly explained below. 1.
What is the role of an auditor?
The role can vary depending on the industry or company needs, but in general, the auditor is tasked with maintaining relevant information flow between the company’s board of directors and/or senior management and making sure that operations and business processes are in compliance with company policy and legal regulations.