INTERNAL AUDIT FOR TRANSPORT AGENCY

Dear Sir / Madam.,

I have a opportunity for INTERNAL AUDIT from a TRANSPORT AGENCY. I don't have any idea for starting the audit. So, Please give some suitable suggestions about the IA and

What documents will be checking?
Which is most difficult in this audit?
How can conduct this audit from start and end...?

please give options and required documents...
Replies (2)
Quick Summary
This discussion offers guidance for conducting an internal audit within a transport agency. It outlines the core audit process, including planning, fieldwork, reporting, and finalising the report. Specific areas to examine include payroll, ledgers, legal compliance, physical equipment, safety policies, and crucial transport documents like LRs and e-way bills.

Hey
congratulations
an internal audit mainly depends on
planning, follow up, reporting,and it's field work
now after doing all these activities you make your final audit report by proper drafting then
reviewing ,analysing,interpreting the draft for the accuracy of your findings with the team of management or the person whom management gives permission to gives answer on behalf of them then issuance and making the final report
this is the process of internal audit
as of transport company they have payroll books
audit them
all
legeders
if they invest in fd then there ledger
legal compliance audit
physical equipment audits
safety policy audit
as I don't know it's a small or large I tell the common things
Transport documents is like title to the holder and are negotiable also . So one has to ensure that there is a genuine underlying goods . The inward and outward movement registers from Lorry godowns should be thoroughly checked also
if door delivery then any bank name in LR has to be checked also .
have they collected the freight or has it been billed properly . The new E way bill system has to be checked on sample basis.

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