It is important to always conduct a series of systematic and careful examination of the essential parts and factors of the business plan. There are major components in a company. Financial report, production rate, quality management, etc. All these needs investigation and review to check for inefficiency and possible discrepancy with information.
However, doing all the above actions is not an easy task. You need to allot time and people to do all these. So what most businesses do is that they create an audit schedule. Just like a time management schedule, it is meticulously planned and prepared to come up with positive results.
An audit schedule is a document that contains information about a related course of action directed for the purpose of an examination or review on certain matters like finance, safety and security, infrastructures, etc. It is another type of schedule aimed at providing a significant aid for proper facilitation and management.
A considerable amount of information and time is required for the preparation of a sample schedule for audit. This is because unlike a cleaning schedule where you only have to focus on the needed effort, an audit schedule has to include a formal and proper timescale and resources.
To prepare it you must establish a definite and straight to the point objective. It is important to establish such disposition to guide throughout the entire course of action.
Second, do a couple of inquiries on who are the best people to conduct the audit. And lastly, consider the time to be spent according to smart goal.
This question can probably be best answered by focusing on their components. First of all, let us define the words plan and schedule.
An audit plan is simply a set of strategies formulated on how to perform an audit, while an audit schedule is a complete set of methods as well as their corresponding timelines in a progressive pattern.
Scheduling an audit could be easily formulated if you have the required set of skills inventory needed to complete the job.