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The auditor may visit his or her clients at regular or irregular intervals and checks each and every transactions. Continuous audit is suitable for big or large concerns of a business which takes long time and careful consideration. Continuous audit should be conducted by independent auditor.
Comparison: If one visits checking is not possible, he should make a note of the totals up to a particular date in his diary or note book and compare them at his next visit. Systematic Programme: Well drawn-up programme is required to avoid any kind of hazard. Audit Notes: Notes are to be written in the Audit Note Book to know about the dissatisfactory answers. Special Tick: He should put a special secret tick for the figure of any kind of alteration with a coloured pencil or rewrite the correct figure in a different coloured ink. Re-check: The auditor should glance over any alteration not bearing secret tick before he begins any work. Final Audit: The audit of Impersonal, General or Private Ledger should be conducted to prevent the risk of fictitious entries. Surprise Visits: The visits should be at irregular intervals of time to know the actual scenario. Nominal Accounts: The nominal accounts should be checked only at the time of final closing. Rotation: There should be reasonable rotation of audit staff and their duties so that they may not lose interest in their work. Better control and supervision: There should be better control and supervision over the audit staff. No Pending Questions: There should be no pending work on the part of auditor. The doubtful entries can be cleared on the spot otherwise the audit purpose become useless. No Friendship: The auditor must inform his staff not to become familiar with accounting staff. The intimacy between audit and accounting staff may lead to helping attitude toward employees. Progress Table: The audit should be done according to a progress table prepared before hand wherein the items audited should be marked as and when the audit is completed. Continuous audit may be followed only in case size of the entity is very large and system of internal control is weak but still if the precautions can be taken only then some convenient results can be expected.