AUDIT PROGRAM.

The Audit program is the procedure to be followed in the examination to be carried out,
the same that is planned and developed in advance and must have flexible content,
simple and concise, in such a way that the procedures used in each Audit
agree with the circumstances of the exam.
The Audit Program means the preliminary task outlined by the Auditor and that
characterized by the planning of the tasks that must be carried out in each service
Professional who provides, in order to fully achieve its objectives within
the Scientific Standards of Accounting and the Standards and Techniques of Auditing.
The Audit program or Audit plan is the result that is desired to be obtained,
course of action to be followed within the principles and precepts of Auditing.
The Audit program is the course of action to follow, the stages to overcome, the
means to be used. It is a kind of anticipated framework in which the events
next ones have been forecasted with some accuracy, according to the idea that one has formed of
they.
The method to be used in the preparation of the Audit plan or program, according to
appreciation of the Chartered Public Accountants who are engaged in Auditing, must
be specially prepared for each case, since no two audit cases are the same
exactly the same, just as it is essential to give each Audit Program the
necessary autonomy.
In the preparation of the Audit program, the following must be taken into account:
The Audit Standards.
The Audit Techniques.
The previous experiences.
The initial uprisings.
The experiences of third parties.
The fact that there is no standard norm for the preparation of the plan or program of
Audit does not exclude the existence of general standards that apply to all cases.
and that constitute the foundations of the Audit technique in a certain
sector.
What should not be overlooked is that the Audit program must be a guide.
safe and indicative of what should be done and enables the faithful execution of the
high-level professional work that supports the development of such execution.
An Audit program is a logically planned review procedure.
In addition to serving as a logical guide for procedures during the course of a
Audit, the pre-prepared Audit program serves as a checklist
verification as the Audit develops in its various stages and as
that the successive phases of the Audit work are completed.
The Audit program must be reviewed periodically in accordance with the
changing conditions in the Client's operations and according to the changes
that there are in the principles, norms and procedures of auditing.
When planning an Audit program, the Auditor must make use of all advantages
that they offer their professional knowledge, experience, and personal judgment.
CHARACTERISTICS OF THE AUDIT PROGRAM.
The Audit program encompasses in its preparation everything that will be carried out during
the audit process. For this reason, it has such a broad scope that
It evidently requires mental discipline and a considerable professional capacity.
The flexible nature of the Audit program advises in practice not to
getting caught up in exaggerated details, it is preferable to develop plans or
more general scope programs, leaving the specifics to be studied in
each opportunity by those responsible for its execution. Along with each plan, it must be
make a work schedule with the names of those responsible for its execution.
Among the characteristics that the Audit program must have, we can note:
It must be simple and understandable.
2. - It must be prepared taking into account the procedures that will be used.
according to the type of company to be examined.
The program should be aimed at achieving the main objective.
Excessive or repetitive procedures should be discarded.
5. - The program must allow the Auditor to examine, analyze, investigate, obtain
evidence to later be able to rule and recommend.
6. - Audit Firms tend to have pre-established formats which
They must be flexible so that they can be suitable for a specific type of company.
7. - The program must be made in an updated form and with a broad sense
critical of the Auditor's part.
CONTENT OF AUDIT PROGRAMS.
The Audit program presents the instructions logically so that the
The auditor or the personnel working on an audit can follow the procedures that
It must be used in the completion of the exam.
In general, the Audit program, regarding its content, includes the
specific procedures for verifying each type of asset, liability and
results, in the normal order that appears in the economic and financial statements of
the company.
The Audit program is intended to serve as a guide in the procedures.
that will be adopted in the course of the Audit, and serve as a list and proof of the
successive phases of the Audit, in order not to overlook any verification.
The program should not be rigid, but flexible to adapt to the conditions.
changes that arise during the Audit being conducted.
The Audit program is a logically organized and classified statement of the
audit procedures that will be employed, the extent to which they will be given and the
opportunity in which they will be applied. Sometimes some are added to these.
explanations or details of complementary information aimed at illustrating the
people who are going to apply the Audit procedures, about characteristics or
peculiarities that you should know.
There are many forms and modalities of an Audit program, from the point of
view of the level of detail I reached, they are classified into general programs and
detailed programs.
The general audit programs are those that are limited to a statement.
generic techniques to be applied, indicating the objectives to be achieved, and they are
generally intended for use by the heads of the Audit teams.
The detailed Audit programs are those in which they are described with
with great meticulousness the practical way to apply the procedures and techniques of
Audit, and are generally allocated for the use of the members of the Audit team.
It is difficult to establish a dividing line between general Audit programs.
and detailed, the application of one program or another must obey the characteristics
of the work to be carried out, to the organizational structure of the Audit Society that the
will carry out the supervision procedures established by the Society
Auditor, and the general policies of the Society itself.
ADVANTAGES OF THE AUDIT PROGRAM.
It is the Auditor's experience that is responsible for providing the necessary guidelines and aspects.
important steps to be taken in the Audit program that is being prepared to be able to carry out
a determined Professional job.
A well-prepared Audit program offers the following advantages:
1. - Establish responsibility for each established procedure.
2. - Make an appropriate distribution of work among the team members.
Auditing, and a permanent coordination of work among them.
3. - Establish an economical and efficient work routine.
4. - Helps to avoid the omission of necessary procedures.
5. - It serves as a record of the work done and as a guide for future work.
6. - It facilitates the review of the work by a supervisor or partner.
7. - Ensure compliance with the Principles and Standards of Auditing.
8. - Support the scope of the Audit with documents.
9. - Provide the evidence that proves the work was actually carried out
when it was necessary.
RESPONSIBILITY FOR THE AUDIT PROGRAM.
The preparation of the Audit program is a responsibility of the Auditor, almost as
as important as the Audit Report it issues. It is essential that the program of
The audit shall be prepared by the lead auditor of the audit team, for which it
will be based on previous experiences and must necessarily take into account the Laws,
Principles, Standards, and Techniques to be applied in each case.
It is also important that the Partners and the Supervisory Auditor review the program.
Audit evaluating its efficiency and effectiveness.
However, it is necessary to point out that the responsibility for the development of the program
of the Audit and its execution is the responsibility of the chief team auditor, who must not only
to take care of distributing the work and ensuring the achievement of the program, but essentially
continuously evaluate the efficiency of the program, making the necessary adjustments
when the circumstances warrant it.
THE AUDITOR.
He is a Chartered Public Accountant, specifically dedicated to the
conducting audits, special examinations, certification of financial statements, and
others permitted by the Law on the Professionalization of Public Accountants and others
current legal provisions.
The Auditor, in order to practice, must have extensive knowledge of Accounting Science, the
existing legal provisions, the International Auditing Standards, the Standards
International Accounting, you must know the techniques and procedures to
to be employed in the execution of the Audit, and must have experience in the execution of
said tasks.
Aside from their experience and knowledge of laws, regulations, and procedures of
Audit must have a conduct that withstands all tests, which will prevail at the moment of
issue their reports or opinions, in which case they must practice Professional Ethics
impeccable.
In summary we can say that:
The Auditor must take into account the provisions of the Professional Code of Ethics when
time to perform the duties for which he was hired.
The Auditor must act with dignity, loyalty, truthfulness, and in good faith, without harboring any
no cases simulations nor provide your assistance to incorrect situations or facts and
fraudulent.
The Auditor must refrain from disclosing matters he knows, by virtue of the
established relationships for professional practice.
The Auditor must not sign an opinion or report on anything that he himself
He did not practice. He must always maintain his freedom of judgment.
AUDIT REPORT.
The Audit Report is the opinion or statement signed by the Auditor.
after completing the exam for which he was hired.
There are two types of Reports:
1. - Short Report, is when the Auditor presents their written opinion regarding the
reasonableness or not of the economic and financial statements prepared by the company or
entity, and which were reviewed and studied according to the scope of the Standards
International Auditing Standards and Generally Accepted Accounting Principles.
2. - Long Report, is when the Auditor presents their written opinion on the situation
in which the operations and records of the company or entity were carried out, and covers the
administrative part and internal control systems. This report will serve the management
address of the company or entity for decision-making that includes actions
corrective.

Preparation of the Audit Program.

The public accountant must prepare a written audit program in which

establish the procedures that will be used to carry out the global plan of
audit. The program must also include the audit objectives for each area and
it should be detailed enough to serve as instructions for the team
work I participated in the audit.

In preparing the audit program, the public accountant may consider

It is timely to rely on certain internal controls when determining the
nature, date of execution, and scope of the audit procedures. The
the public accountant must also consider the timing of performing the procedures,
the coordination of any assistance expected from the entity, the availability of
personal, and the participation of other experts.

The global plan and the corresponding program should be reviewed as progress is made.
audit. Any modification will be based on the study of internal control, the
evaluation of the same and the results of the tests being carried out.

Requirements and characteristics of audit programs

The Comprehensive Audit Program provides a basis for time allocation and
resources. Time budgets are easier to prepare when the
audit procedures have been previously identified, as well as the decisions
about human resources and process scheduling. The audit program must provide
place for the comprehensive development of audit findings.

To develop a comprehensive audit program, the following must be taken into account, among others,
following aspects:

ySet objectives that are understandable and achievable.

yIt must be flexible enough to allow for the initiative and judgment of the auditor.

yIt must include relevant information that allows the work to be performed properly.
adequate and make evaluations.

yEstablish specific tasks by program with criteria and sources of

information.

yFormulate tasks in terms of positive instructions, they should not be

phrased as a question, since the goal is not to obtain an answer, but to apply
a procedure for evaluation and analysis.

yIt must be developed based on International Auditing Standards and Standards of

Colombian Government Audits.

yThey are part of the working papers.

yKnowledge of the cycles, processes, or procedures of the entity

related to the topic to be evaluated, the dependencies or areas involved and the
responsible.

yKnow the sources of criteria and criteria to apply.

[Link] Responsibility in the preparation of the audit program and purposes:

The development, content, and execution of comprehensive audit programs are

responsibility of the leader and the Audit Team, as they have the knowledge
full of the procedures of the Control Subject and are responsible for developing the
field work. The programs must be discussed in a working group and approved
by the Supervisor.
Work tables take on special importance in the design of programs, given
its multidisciplinary structure (members of the Audit Team), which allows for the
observation of procedures from different perspectives, which enriches, validates and
integrate the global evaluation into the organization through the designed programs.

The Audit Team, based on its experience, must determine the moment of
application of the different procedures indicated in the program.

The purposes of the audit programs are as follows:

yPromote the achievement of the planned objectives.

y Have a work framework that allows the auditor to develop their

tasks coherently and logically.

yDocument the logical relationship between the objectives and the procedures of the
audit.

yAllow the identification of criteria that will be used in the evaluation

specific.

yProvide evidence of due diligence and the exercise of professional judgment

in the planning and execution of an audit.

yProvide the Audit Team members with a systematic work plan.

of each component, area, or item to be examined.

yHold team members of the Audit accountable for compliance

efficient in the work entrusted to them.

yMake an appropriate distribution of work among the team members.

Auditor, and a permanent coordination of tasks among them.

yServe as a chronological record of audit activities, avoiding

forget to apply necessary procedures.

yFacilitate the review of the work.

yEstablish the record of the work developed and the evidence of it.

yIt serves as a record of the work done and as a guide for the future.
jobs.
In the design, content, and validation of Comprehensive Audit programs, it is essential
that the Audit Team, the audit leader, and the supervisor are aware of the
business of the organization to be audited and the environment in which it operates.

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3.12.1.4Audit program structure

A Comprehensive Audit Program must contain at least:

yGeneral and/or specific objectives of the procedures to be carried out

y Sources of criteria

yAudit criteria

yProcedures

yReferences to the working papers

yIf it is the case, indicate (in the procedure) that it corresponds to a sample.

yPeriod to evaluate

y Responsible for the tests and their review

yDuration of the test