Operational Audit Example

Operational Audit Example. PDF fileFinance – Treasury Operations Audit Report August 2005 Internal Audit Report Page 6 • Sample testing of investment transactions to ensure that trades were executed and captured in a timely and accurate manner both in the front office system as well as the general ledger.

Just like assurance audits the specific objectives of operational audits completely depend on the organization process or activity being audited In our example above the objective could be.

What is an Operational Audit? (with pictures) InfoBloom

PDF fileThis operational audit of Florida Gulf Coast University (University) focused on selected University processes and administrative activities and included a followup on findings noted in our report No 2014027 Our operational audit disclosed the following Finding 1 University textbook affordability procedures could be improved.

Finance Treasury Operations Audit Report

For example the chief of operation might raise some concern about the wrong information that could be provided to the customer by the sales team The finance director might raise some concerns related to missmatch between invoices with good delivery noted For this case sales processes and issuing invoices process might need to review.

AUDIT CHECKLIST (Operations) coscapsa.org

Operational audits are usually conducted by the internal audit staff though specialists can be hired to conduct reviews in their areas of expertise The primary users of the audit recommendations are the management team and especially the managers of those areas that have been reviewed Related Courses How to Conduct an Audit Engagement Auditing.