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LIMA Responsible Gold Guidance PreAudit Checklist For third party audits based on ISO19011:2011. Prepared for:London Bullion Market Association (LIMA) Date: 5 June 2013 Draft Version 1I. PreAssessment
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How to fill out third party audit guidance

01
Step 1: Review the third party audit guidance document thoroughly.
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Step 2: Understand the purpose and objectives of the audit.
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Step 3: Identify the specific requirements and criteria that need to be met during the audit.
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Step 4: Gather all the necessary documentation and evidence to support the audit findings.
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Step 5: Conduct interviews or surveys to gather additional information, if required.
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Step 6: Evaluate the collected information against the defined criteria.
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Step 7: Prepare a detailed report highlighting the audit findings, including any non-compliance or areas of improvement.
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Step 8: Present the report to the relevant stakeholders and recommend actions to address any identified issues.
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Step 9: Follow up on the implementation of recommended actions and verify their effectiveness.
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Step 10: Maintain proper documentation of the entire audit process for future reference.

Who needs third party audit guidance?

01
Organizations that wish to assess and improve their compliance with a set of standards or regulations.
02
Companies that want to demonstrate their commitment to quality control and risk management.
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Manufacturers or suppliers seeking to qualify for specific certifications or meet customer requirements.
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Government agencies or regulatory bodies that need to monitor and ensure compliance within industries.
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Investors or lenders who require assurance on the financial or operational aspects of a business.
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Any entity that wants an independent and objective assessment of their processes, controls, or performance.

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Third party audit guidance is a set of guidelines and procedures established to ensure that audits conducted by an independent third party are thorough, accurate, and in compliance with regulatory requirements.
Companies and organizations that engage the services of a third-party auditor to conduct an audit are required to file third party audit guidance.
Third party audit guidance can be filled out by following the specific instructions provided by the regulatory body overseeing the audit process.
The purpose of third party audit guidance is to ensure that audits conducted by third-party auditors are conducted in a consistent and thorough manner, and that the results of the audits are reliable and accurate.
Information that must be reported on third party audit guidance includes the scope of the audit, the methodology used, the findings and conclusions, and any recommendations for corrective actions.
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