Audit of production i.e input and output in manufacturing

Source https://auditworkingpapers.blogspot.com/

Dear Kaushik,

Your question is not complete, you have asked abt the production audit, r u talking abt the internal audit or financial audit

Im simply giving you the general guidelines abt the production, U might be asking abt the Cost of Sales Audit,

for the cost of sales you should..

- first obtain the understanding of the system of production

- obtain mannual and controls over the production both financial and non financial (operational)

- make system notes and draft Test of Controls of the production process,

- Perform walk through,

- perform analytical procedures etc

U can further check out my blog to download the free audit working papers and other guidelines related to the audit..

Source https://auditworkingpapers.blogspot.com/