Prepare the assignment auditplanning and allocation of resources and time, based on the annualaudit plan and as approved by the audit management.
Prepare and assist the audit team in preparing for thenew audit assignments by examining previous audit reports,policies, relevant data, surveying functions in the assign areas toidentify risks and to determine nature of operations and adequacyof system of control.
Document and guide theaudit team in documenting the business process of the assignedarea / function using narratives / flow chart.
Ensure that all the inherent risks of the functionsubject to audit are documented and updated using the Risks& Controls Matrix with consideration of thegroup’s policies and procedures, as well as theapplicable laws and regulation and industry’s bestpractices.
Prepare the audit procedures andprograms of the assignment subject to audit, review it with theaudit management and explain it to the audit team as per theassigned functions.
Evaluate the effectivenessand adequacy of controls in place through analytical procedures,direct observation, documents review, recalculations,etc.