1. Building a Cross-Functional Audit Team (Section 1)
Identifying key stakeholders and their roles
Establishing clear communication channels
Ensuring cross-functional collaboration and alignment
2. Interfacing with IT Systems (Section 2)
Understanding client-provided audit-related IT systems
Establishing efficient data collection and management processes
Ensuring secure and compliant data handling
3. Self-Assessment and Audit Readiness (Section 3)
Utilizing self-assessment questionnaires
Identifying potential gaps and areas for improvement
Developing action plans to address identified issues
4. Mitigating Bribery and Corruption Risks (Section 4)
Implementing anti-bribery and anti-corruption policies
Providing employee training and awareness
Establishing robust due diligence and monitoring processes
4. Social Audit Planning (Section 5)
Defining audit scope and objectives
Developing a comprehensive audit plan and timeline
Allocating resources and responsibilities effectively
5. Efficient Audit Execution (Section 5)
Streamlining document preparation and information gathering
Facilitating smooth onsite audit activities
Establishing post-audit follow-up and corrective actions