Scope of procurement auiudit

 Dear Manoj,

Scope for Procurement Audit shall be similar to  normal internal audit scope whith specific emphasis on:-

1. Procuremnet Policy of the enterprise

2. Proper generation of orders by authorised person only.

3. Determination of Puracshe Rate

4. Delivery Schedule & Receipt

5. Quality of Procured material

6. Settlement of Accounts of Suppliers

6. General Observation

can you provie me scope for internal audit of  inventory & stores ?