auditing rules

1. Basically mutually agreed scope, period of audit, extent of audit must be arrived with the client.

2. Based upon the scope you can split the areas where audit needs to be covered

3. Draft a checklist against each areas

4. Maintain the workpapers of your observations.

5. Any queries found during the course of audit, discuss with the authorised persons and sort it out

6. If queries are material do intensive audit on that particular area.

7. Decide upon the manner of reporting

8. Deliver the audit report to the client.