Internal Audit of a Bank's 'Stationery' - Inventory

Elsmar Forum Sponsor
X

Xenophobic

#12
Does this help?

http://www.docstoc.com/docs/33202997/Stationary-Supplies-Audit-Program

Of course, keep in mind that this example is auditing against the procedures of an unknown, perhaps fictitious bank and they require for example the use of three printers. Your own procs might be different.

Pat
Hey, that is cool! Just what I was looking for! Thing is my present employer does work in an odd way. They don't have a proper format for audit documentation, which includes NOT making an Audit program for the department/division. My experience at the Firm (One of the big Fours) was awesome. It was so properly documented and complete. We had proper manuals and audit documentation was given proper attention to due to QCRs and QPRs. It's just odd being here and I feel helpless and without any guidance. Okay, I am ranting.

Thanks again =)
 

RoxaneB

Super Moderator
Super Moderator
#13
Has an audit in this area been previously completed? If so, can you review that report for structure/format and perhaps even some problem areas to focus on?
 
X

Xenophobic

#14
Has an audit in this area been previously completed? If so, can you review that report for structure/format and perhaps even some problem areas to focus on?
Thank you, Beyette. Yes, I have gone through the previous audit report (that's how I started and got to know about what to do) and the the only issues found were that of the differences between the physical count conducted by the auditors and their stock report.

What I wanted was an idea about what else to check other than the differences and I've found stuff provided by these people here which is pretty helpful. =)
 

Jim Wynne

Staff member
Admin
#15
Thank you, Beyette. Yes, I have gone through the previous audit report (that's how I started and got to know about what to do) and the the only issues found were that of the differences between the physical count conducted by the auditors and their stock report.

What I wanted was an idea about what else to check other than the differences and I've found stuff provided by these people here which is pretty helpful. =)
Somewhere in your company there are people who are interested in the audit results, I hope. These are the people you need to talk to. We might be able to give you advice on what to look for, but if that's not what people in your company want to know, you'll have wasted your time. Find out, if you don't know already, who reviews and uses the reports and ask them what they want to know.
 
X

Xenophobic

#16
Somewhere in your company there are people who are interested in the audit results, I hope. These are the people you need to talk to. We might be able to give you advice on what to look for, but if that's not what people in your company want to know, you'll have wasted your time. Find out, if you don't know already, who reviews and uses the reports and ask them what they want to know.
Indeed, Mr. Wynne. We have a seperate Internal Audit Department but Stationary is seen as of little or no consequence when it comes to getting it audited by a supervisor or a senior. I was given the task and the last year audit report but since it is the Financial year end no one seems to have enough time to tell me what to do. And when I try to ask something they just tell me to come later or that, "You really don't know how it works?" I am working on it now, learning and getting things done too. It's good actually, working without a supervisor. Moreover I have started drafting my Audit report too.

Thank you for your support, I learnt a lot of things that my supervisor should have told me, off this forum and the assistance I got on here. =)
 
P

pldey42

#17
I'm a little surprised at the bank's apparently casual attitude towards its stationery. What happens when there's a discrepancy between recorded and actual inventory? Is it possible for a dishonest bank employee to commit fraud using security stationery?

Pat
 
X

Xenophobic

#18
I'm a little surprised at the bank's apparently casual attitude towards its stationery. What happens when there's a discrepancy between recorded and actual inventory? Is it possible for a dishonest bank employee to commit fraud using security stationery?

Pat
I don't know really. I am new here too. Just getting around and stuff. I have gone through their audit reports and the formats are appalling. No proper documentation, no audit programs, no kick off meetings, nothing. =|

As far as the discrepancies are concerned, i did mention that they do a physical check against the stock report. But that's all there is to it.
 
P

pldey42

#19
I don't know really. I am new here too. Just getting around and stuff. I have gone through their audit reports and the formats are appalling. No proper documentation, no audit programs, no kick off meetings, nothing. =|

As far as the discrepancies are concerned, i did mention that they do a physical check against the stock report. But that's all there is to it.
Wow. But then, I suppose it makes sense. If they run out of money they just go to the nearest Government and ask for more, right? :)
 
X

Xenophobic

#20
Wow. But then, I suppose it makes sense. If they run out of money they just go to the nearest Government and ask for more, right? :)
Lolol, yes, something like that. but now that I am here I am sure I can make a difference. I can't change the approved formats for documentation, but I can definitely pin-point things that need to be changed and recommend. It'll be good, hopefully. =)
 
Thread starter Similar threads Forum Replies Date
Q ISO 9001-2015 Internal audit finding Internal Auditing 12
lanley liao How to understand this words that the planning of internal audit shall take into consideration the results of previous audits? Oil and Gas Industry Standards and Regulations 10
A Add MDSAP to Internal Audit Schedule Medical Device Related Regulations 0
J IATF 16949 Internal Audit question - Auditor's responsibility Internal Auditing 6
S IATF 16949 Internal Audit Example IATF 16949 - Automotive Quality Systems Standard 7
R AS9100D internal audit checklist or ISO 9001 2015 to AS9100 D AS9100, IAQG, NADCAP and Aerospace related Standards and Requirements 2
M ISO 13485:2016 internal audit checklist Medical Device and FDA Regulations and Standards News 5
A Internal Audit Questions ISO 9000, ISO 9001, and ISO 9004 Quality Management Systems Standards 11
salaheddine96 Internal audit planning Internal Auditing 2
M ISO 9001 Major Nonconformance Internal Audit Schedule/COVID-19 ISO 9000, ISO 9001, and ISO 9004 Quality Management Systems Standards 18
E MDR internal audit Internal Auditing 1
U Internal Auditor not trained but done Audit for some process Nonconformance and Corrective Action 5
B Looking for 10 Internal Audit Online Training Participants ISO 17025 related Discussions 2
H AS9100 Checklist for Internal Audit needed AS9100, IAQG, NADCAP and Aerospace related Standards and Requirements 2
A What are the pros and cons of using an audit software for internal auditing? General Auditing Discussions 7
F Internal Audit before Pre-Assessment ISO 17025 related Discussions 2
Q Internal audit plan template Internal Auditing 12
L Internal audit during COVID-19 restrictions ISO 13485:2016 - Medical Device Quality Management Systems 5
O ISO13485 implementation - Are internal audits expected before stage 1 audit? Design and Development of Products and Processes 3
B Using Unreleased Documents & Process Maps for Internal Audit purposes ISO 9000, ISO 9001, and ISO 9004 Quality Management Systems Standards 12
N Small Company - Internal audit process - Who does the audit? Internal Auditing 16
J Does anyone have an excel IATF 16949 Internal Audit checklist I could use? IATF 16949 - Automotive Quality Systems Standard 7
G Addressing Non-Conformances from an Internal Audit that are not product related ISO 13485:2016 - Medical Device Quality Management Systems 11
S Internal audit discrepancy - We missed a few audits that were scheduled Internal Auditing 12
Raffy ISO 14001 9.2.2 Internal Audit Programme Content Internal Auditing 10
N Internal Audit Schedule – Who gets to set the schedule? Internal Auditing 16
V IATF 16949 9.2.2.1 Internal Audit Program - "Process Changes" IATF 16949 - Automotive Quality Systems Standard 11
G Non Conformance During ISO 9001 Audit - Not All Internal Audits Completed General Auditing Discussions 19
B Using external FDA and ISO 13485 audit as internal audit Internal Auditing 6
T Internal Audit Schedule when Hiring Out Internal Auditing 7
D ISO 9001:2015 Internal Audit Training Advice Internal Auditing 10
M Internal audit consultant ISO 13485 (English speaker) Consultants and Consulting 3
S Implementing a 45001 Health & Safety standard - Internal audit plan wanted Internal Auditing 1
F Internal Audit - Procedure example Internal Auditing 5
C Internal Audit - Process Clause Matrix / Audit Checklist ISO 13485:2016 - Medical Device Quality Management Systems 7
CPhelan Internal audit - Combine similar nonconformities in one or keep separate? Internal Auditing 6
M Internal Audit Plan in Retail Internal Auditing 10
D Management of NC after internal system audit IATF 16949 - Automotive Quality Systems Standard 7
A Purchasing - Internal Audit Questions Internal Auditing 8
N Comprehensive Compliance Matrix for Internal Audit Checklist Other Medical Device Regulations World-Wide 1
W Where to begin with an ISO 9001:2015 internal audit Internal Auditing 13
D Internal audit forms or checklists for a medical/veterinary laboratory General Auditing Discussions 5
E Informational Internal Audits - Wear multiple hats what can and can't I audit (so I'm not auditing my own work) Internal Auditing 149
E ISO 9001:2015 - Internal Audit Plan Clauses General Auditing Discussions 8
S Internal Audit Checklist for Application/Software development IEC 27001 - Information Security Management Systems (ISMS) 1
S Internal Audit - Risk and Opportunity (ISO 9001:2015 ) Internal Auditing 1
F API Spec Q1 9th Edition Surveillance Audit - Questions about internal audits. Oil and Gas Industry Standards and Regulations 22
Ashland78 IATF 16949 Internal Audit Checklist Manufacturing and Related Processes 11
Ed Panek Root Cause CAPAs from internal audit ISO 13485:2016 - Medical Device Quality Management Systems 16
K Student wanting Case Study about Internal Audit Report Internal Auditing 1

Similar threads

Top Bottom