What type of audit is indicated for your company?

This time, we will mention different types of audits and this way you will be able to understand which one is indicated for your company.

• Administrative audit:

It is a process that evaluates the organization as a whole. It focuses on it’s performance at a global level, as well as objectively in each process. It is the complete review of the company’s structure, it’s way of operating, it’s processes, it’s human resources and it’s material resources.

• Internal audit:

• The internal audit is the control carried out by the employees of a company to guarantee that the operations are executed in accordance to the general policy of the entity, evaluating the effectiveness and efficiency, and proposing solutions to the problems detected.

  In a simpler way, we can say that it is implemented by members of the company. It is voluntary and its goal is to detect failures, find solutions to problems, and improve its processes.

   

   

• Financial audit:

  This review focuses on the accounts of a company, its accounting and financial data, and is usually done through external auditors. This audit is useful not only for the company being audited, but also for its suppliers, investors, banks and other entities. This audit model is closely linked to legal and government auditing, which we will discuss below.

• Statutory audit:

  As its name says, it is an examination that is carried out by legal request on the accounts of the companies. The intention of this audit is to verify the patrimonial state and the operations of a company, they must agree with the official records. In these cases, the auditor is usually an external person, who has nothing to do with the organization.

   

• Public or government audit:

  This is done directly at the request of a government entity. Its purpose is to evaluate the financial statements of a company, in order to identify any type of irregularity. What is usually trying to find out is whether the company is committing any violations, such as tax evasion, unjustified financing or non-compliance with labor laws.

• IT audit:

  Today, almost all businesses rely on computer systems. That’s why they must be taken into account when auditing, that the systems require updates and that they be adapted to the context.

  It is related to the information audit.

• Information audit:

  This audit focuses on obtaining information on equipment and automatic information systems. The security of the systems is evaluated, what information has entered, its procedures, saved files, correct operation of the interfaces, in order to guarantee that the information it processes and stores is reliable.

• Information audit:
  This audit focuses on obtaining information on equipment and automatic information systems. The security of the systems is evaluated, what information has entered, its procedures, saved files, correct operation of the interfaces, in order to guarantee that the information it processes and stores is reliable.

• Operational audit:
  Its main objective is to improve the level of productivity of a company. It takes into account and analyzes the day-to-day procedures to increase the company’s performance. It can be carried out both by an internal employee and by an external person. A very clear example of an operational audit is when it is executed to find out if the company meets quality standards.

• Environmental audit:
  Nowadays, a company that complies with environmental regulations is one that has added value. Being socially responsible will have a better reputation, and it will be a company that will save many problems.

  This type of audit evaluates the operations and processes, in order to confirm that they are being done correctly considering the environment.

  If you have already understood which type of all of these, is the right one for your company, it is time to do it and start improving. If you don’t know how or where to start, you are in the right place.

These days, there are tools that can help you do all of these types of audits. Full Audits, for example, is a software for small, medium and large companies.

This system will be of great help when it comes to collecting consistent data from your company.

It will help you standardize operations, analyze the collected data and send information or reports that help you identify failed areas and solve problems.

It is a very simple tool to use, it is not necessary to be trained to be able to carry out audits, since by using checklists and action plans, the app will do what you need for you, making you save up to 60% of your time. With it, you will be able to eliminate the use of paper and you will say goodbye to endless spreadsheets.

You can start your audit on your cell phone or tablet and then continue on your computer. Each platform has different benefits and is suitable for particular tasks:

The web platform is convenient for administrative use, planning and analysis of results. You will have a better vision through the Business Intelligence section. You will have the complete software.

The mobile platform is more comfortable for operational use and information gathering. It has an easy view of the audits, incidents, communication and calendar section. The app is geolocated and can work with or without an internet connection.

If you want more information, or see how this tool is used, we invite you to go through our website, in the support section you will find frequently asked questions and you can book a demo, which will answer all your questions and help your company grow More than what you would think.