PA – Gillespie Management Systems

Audit

Audit is an activity that will add value and improve an organisation’s operations. It helps a company accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes.

Examples of areas where value is added by routine audits include:

Improvement in business operations
Reduction in errors, improved quality
Increased efficiency through process simplification
Decreased cost, increased efficiency and increased profit
Reduced risks and exposure
Verification of policy and procedures
Increased communication
Increased regulatory compliance
Enhanced oversight through transparency

Define Objectives and Scope

We help you identify what processes are going to be audited. Understanding the scope and objectives of the audit process will help you create an audit schedule

Interview Staff

Audit interviews can take the form of interviews or observation. Based on the scope and objectives we work with you to choose the best approach

Review Process and Procedures

We verify evidence of compliance with the relevant procedures and determine if effective implementation of process and internal controls exist

Contribute to Continuous Improvement

Our audit reports will include an improvement or corrective action plan for areas where gaps were identified