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AUDIT TOOL AUDIT OF: ___ DATE OF AUDIT: ___ AUDITORS: 1. ___ 2. ___ 3. ___ Audit Participants: NamePositionLIST OF DOCUMENTS REVIEWED:Audit Tool SCOWS.155 V003.1Date of first issue: 25May2016Date
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Businesses and organizations that want to assess and improve their internal processes and controls.
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Regulatory bodies and government agencies that oversee compliance with certain standards or regulations.
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Consultants or auditors who are conducting audits on behalf of clients.
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Audit tool is a software or program designed to assist auditors in performing audits more efficiently.
Any organization or individual who is required by law or regulation to undergo an audit may need to file an audit tool.
Audit tool can be filled out by inputting relevant information and data about the audited entity and its financial transactions.
The purpose of audit tool is to streamline the audit process, improve accuracy of audit findings, and enhance audit efficiency.
Information such as financial statements, transactions, assets, liabilities, expenses, revenues, and compliance with laws and regulations must be reported on audit tool.
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